The Freedom of the Press Foundation (FPF) now officially accepts donations made with cryptocurrencies, the non-profit announced Monday.
The move is “a natural fit” for the organization, which aims to support journalists reporting on issues within governments, said executive director Trevor Timm.
FPF – which will now accept bitcoin, bitcoin cash, ethereum, litecoin and zcash – currently has digital wallets available for direct donations, he said, although the aim is to ultimately utilize a payment processor to automatically convert the donations into fiat currency.
Decentralized technology is a tool that can help prevent online censorship, as well as prevent surveillance by certain parties, according to Timm.
Perhaps in recognition of that mission, blockchain startup Mainframe has already made the first crypto donation, sending 1,000 ether (around $498,000 at press time) to the foundation.
Zcash (ZEC) continues to demonstrate resilience in the cryptocurrency market, with recent developments shaping its near-term trajectory. Over the past 24 hours, Zcash (ZEC) has risen by 11. 97%, outperforming a relatively flat crypto market, and currently trades just above $420.
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Arkham Intelligence defends its Zcash coverage announcement after experts disputed claims of deanonymizing shielded transactions, calling it technically impossible.
The post Arkham Attacks Zcash Community After Public Backlash on Inaccurate Reporting appeared first on Coinspeaker.
Zcash, the privacy-focused cryptocurrency, has unveiled a new proposal for a dynamic fee system designed to prevent soaring transaction costs from pricing users out of the network. The proposal, issued by research group Shielded Labs, addresses growing concerns over rising fees as Zcash experiences increased usage and network congestion. Zcash moving beyond fixed fees Since […]
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