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American Cancer Society Launches $1M Cryptocurrency Fund
The first cryptocurrency donor to contribute $250,000 or over will have the opportunity to choose a name for the fund.

The American Cancer Society (ACS) has launched a cryptocurrency fund to support cancer research.
- The non-profit organization announced Tuesday it has partnered with cryptocurrency donations platform The Giving Block to launch the fund, setting a fundraising target of $1 million by early 2021.
- Cryptocurrency raised through the Crypto Cancer Fund will go directly to funding the society's cancer research program, supporting research for "new discoveries and better treatments."
- The first cryptocurrency donor to contribute $250,000 or over will have the opportunity to choose a name for the fund, such as after themselves or a loved one.
- Any donations of $10,000 or more will feature on the Crypto Cancer Fund “Wall of Honor.”
- Contributions in bitcoin, bitcoin cash, ether, litecoin, zcash, gemini dollar, basic attention token and chainlink are accepted.
- “I believe cryptocurrency will play a pivotal role in curing cancer,” said Pat Duffy, cofounder of The Giving Block, in a statement. “With bitcoin hitting a new all-time high, the creation of this new fund opens the door for the booming crypto market to save lives.”
Read more: American Cancer Society Now Accepting Bitcoin Donations Through BitPay
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
