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Finance

Bitcoins for Boston launches

By Danny Bradbury
AccessTimeIconApr 19, 2013 at 1:52 a.m. UTC
Updated May 9, 2023 at 3:02 a.m. UTC
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A Kansas resident has started a bitcoin fundraising campaign to raise money for a Boston hospital, in response to the Boston bombing.

Trey Copeland registered bitcoinsforboston.com on April 16, the day after the bombings in Boston, which struck at 2:50pm eastern time. The site asks for people to donate bitcoins to help the Boston Medical Center.

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    • “I received my first bitcoin in 2011,” said Copeland, who describes himself as a true believer in the bitcoin currency. “This project was created to show that bitcoins can also be used to help people in a time of need.”

    Copeland is planning to travel from his Kentucky home to Boston and deliver a cheque for at least $10,000 to the Boston hospital. The value will depend on the number of bitcoins donated, and the value of the virtual currency at the time, he said on the site.

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    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

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