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BTC, DASH and ETH to help hurricane Harvey victims

Bitcoin, Ethereum and DASH raised in order to help hurricane Harvey victims 
30 August 2017   3572

According to nytimes.com, at least 30 deaths and many more injuries are believed to be related to the storm, which has inundated parts of the Houston area with more than 40 inches of rain. Gov. Greg Abbott of Texas called hurricane Harvey “one of the largest disasters America has ever faced”.

Plenty of organizations now help the victims and accept donations. Habitat of Humanity is one of them, however, the company went further and accepts not only USD, but also Ethereum:

Thus, at time of writing, about $7,389 at a $382.93 valuation, has been donated to the cause. According to its website, "100% of the proceeds are donated directly to Habitat for Humanity Texas to fund their long term disaster relief efforts in Harvey's aftermath."

Not only Habitat of Humanity tries to do something victims with the help of the cryptocurrencies. Danny Sessoms, host of a cryptocurrency-themed radio show based in Austin, teamed up with Unsung.org to hold a fundraiser for the Hurricane Harvey victims, as reported by cointelegraph.com. Sessoms accepts donations via Bitcoin and Dash. This effort raised about $50,000.

Moments like these show the real power of this technology and what cryptocurrency holds for the future.
 

Danny Sessoms
Host of a cryptocurrency-themed radio show

Hence, although sometimes cryptocurrencies receive a bad reputation due to their use for illegal purposes, the situations like this show that digital currency can, in fact, be used for good.

Blockchain

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   120

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.
 

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.