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Over $500,000 in Crypto Donations Raised For Texas Flood Relief Efforts

The July 4 weekend floods that devastated Central Texas have taken over one hundred lives at the time of writing. AccuWeather has further reported that the floods have caused an estimated $18 to $22 billion in total damage and economic loss.

While search and rescue efforts remain ongoing, a number of organizations are accepting donations to help with relief efforts.

The Giving Block and Crypto For Charity Accept Crypto Donations

It’s also notable that crypto donations are being accepted through The Giving Block and Crypto For Charity.

Benjamin Pousty, chief operating officer of The Giving Block, told Cryptonews that several of the organization’s nonprofit clients are on the ground in Central Texas providing critical support to communities impacted by the floods.

“These include World Central Kitchen, Direct Relief and World Vision,” Pousty said.

He elaborated that donors can make crypto donations through the Texas Flood Emergency Response Fundraiser page. Pousty pointed out that donors can easily give crypto, stock, donor advised fund (DAF), or card donations directly to specific organizations through The Giving Block donation forms.

“The donations are being used to support the incredible disaster relief work these organizations are providing. Additionally, all the donations received are being matched 1:1 through July 31 to double the impact,” Pousty said.