The Freedom of the Press Foundation, a nonprofit organization created to support free journalism, accepts cryptocurrency donations to protect the rights of independent journalists and public privacy.
Yesterday, June 18, blockchain company Mainframe announced a donation of 1,000 Ether coins (about $498,000) to the Freedom of the Press Foundation (FPF). The companies share common goals of protecting free speech, promoting the use of digital tools for safety, and preserving the public's right to open and honest information.
The donation will allow FPF to expand its mission to protect independent journalism and explore the use of decentralized technology to combat censorship. It also marks the first major cryptocurrency donation in FPF's history and the beginning of a new phase in the development of non-profit global institutions.
FPF has digital wallets for direct donations and accepts most cryptocurrencies as donations. Decentralized cryptocurrency serves as a good alternative to traditional payment platforms such as PayPal or Stripe, which can serve as a tool of pressure and manipulation in the hands of regulators. For example, in 2010, PayPal suspended donations to WikiLeaks, citing violations of its terms of use.
FPF currently leads the development of SecureDrop, an open information platform used by more than 60 major news organizations around the world, and trains thousands of journalists in digital security practices.
Trevor Timm, Executive Director of the Freedom of the Press Foundation, noted that the Foundation is very grateful to Mainframe and their community for their generous support of their work.
Founded in 2012, the Freedom of the Press Foundation is dedicated to supporting and protecting public interest journalism in the digital age. Its Board of Directors includes journalists, activists and whistleblowers, including Edward Snowden, Glenn Greenwald, Laura Poitras and Daniel Ellsberg.
You May Also Like
AMF demands that Dominique Lacroix return the funds received during the ICO
Dominique Lacroix, one of the founders of the fraudulent ICO Plexcoin, paid out more than $3 million in Bitcoin according to a ruling by the Quebec Financial Markets Authority (AMF). The regulation is one of several created by North American authorities to combat fraudulent ICOs and other illegal cryptocurrency-related activities.
Lawyers deny rumors of Tether conspiracy
Not long ago, critics questioned the size of Tether's dollar reserves, causing it to become the subject of close attention in the crypto community.
