Crypto Community Pledges Aid to Turkey & Syria Though Struggles Momentarily
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Summary:Turkey, and Syria were struck by a series of earthquakes considered to be the worst in the last 100 yearsAllegedly some 23 million people are affected
  • Türkiye and Syria have suffered a series of earthquake disasters called the worst in the past 100 years
  • According to WHO, about 23 million people have been affected by this disaster

On February 6 and 7, 2023, strong earthquakes of 7.8 occurred in Türkiye and Syria, leading to devastating adverse effects, followed by a series of the most serious earthquake disasters. An astonishing 70 aftershocks were observed, followed by various kinds of destruction. In response to this tragedy, several countries and management have strengthened their rescue operations, and international assistance is being sent to the affected areas. The relief work includes the provision of basic medical care and other necessary network resources.

The data encryption cell stands together with Türkiye and Syria

The cryptocurrency community once again provided assistance to those in need, this time to Syria and Türkiye and other countries. Compared with the community, this is not a new experience. They have taken action in crisis periods such as the COVID-19 epidemic and the conflict between Russia and Ukraine

Many members of the community have long been ahead, providing a lot of financial assistance for the disaster relief work. Digital currency provides an excellent opportunity to help these regions, but there are still some problems that make these assets unable to reach their estimated end point.

As a war-affected country, providing financial assistance to the Ukrainian country is relatively manageable, because it is limited by the internal supervision mechanism of government departments and infrastructure construction. In Türkiye and Syria, it is not easy for cryptocurrency to set itself as an implicit choice. The former prohibited cryptocurrency in the previous year, and international sanctions from many well-known countries such as the United States and the European Union also restricted Syria.

It is reported that the international data encryption community has been making efforts to contribute to the affected regions. Many well-known data encryption service platforms promise to provide applicable

Data encryption exchange promotion assistance

The leading data encryption trading center has done everything possible to provide assistance. Bitget service promises to contribute 1 million Türkiye rupees (53000 US dollars), while Huabi Global service promises to contribute 2 million Türkiye rupees. It is reported that Gate.io and other data encryption trading centers may participate in it to expand its application.

Although Bitfinex, the data encryption trading center, said in a tweet that she prayed for the residents in Türkiye and Syria, and informed that the company was "developing assistance programs" to support people affected by the earthquake disaster

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