KEY TAKEAWAYS
- Cyclone Ditwah has caused severe flooding in Sri Lanka, displacing over a million people and damaging critical infrastructure.
- Binance Charity has pledged LKR 61.6 million to support relief efforts in collaboration with the Sri Lanka Red Cross Society.
- The funds will provide essential supplies and cash grants to the most vulnerable communities affected by the cyclone.
Cyclone Ditwah has caused severe flooding and displacement across Sri Lanka, affecting over a million people. In response, Binance Charity has pledged LKR 61.6 million (USD 200,000) in collaboration with the Sri Lanka Red Cross Society to deliver urgent humanitarian relief.
The cyclone has triggered intense rains and widespread flooding, disrupting the lives of more than one million people nationwide. Homes have been submerged, critical infrastructure damaged, and access to essential services cut off across multiple districts. According to the Disaster Management Centre, nearly 200,000 individuals have been displaced and are currently seeking refuge in over 1,000 temporary shelters. Authorities are working to gradually restore power, water, and communications after the cyclone and subsequent floods swept away transmission lines and transformers.
Red Cross and Binance Charity Mobilize Cyclone Ditwah Relief
Binance Charity’s contribution will be allocated toward life-saving relief essentials, such as food supplies, clean drinking water, hygiene and dignity kits, medical supplies, emergency medical assistance, and temporary shelter materials. Additionally, cash grants will be provided for the most vulnerable communities. This support aims to ease the immediate burden on displaced families and help accelerate recovery efforts in the hardest-hit districts.
SB Seker, Head of APAC at Binance, stated, “We are deeply saddened by the scale of devastation caused by Cyclone Ditwah. Binance is committed to mobilizing timely and effective support for communities impacted by natural disasters. Through our collaboration with the Sri Lanka Red Cross Society, we aim to ensure that essential relief reaches families who are facing unimaginable loss.”
Dr. Mahesh Gunasekara, Secretary General of the Sri Lanka Red Cross Society, added, “Cyclone Ditwah has created an unprecedented humanitarian challenge, leaving thousands in urgent need of assistance. The Sri Lanka Red Cross Society is fully mobilized on the ground, providing life-saving support and helping affected communities regain stability. We sincerely appreciate the generous contribution from Binance Charity, which strengthens our capacity to respond swiftly and effectively.”
Ongoing Relief Efforts
Cyclone Ditwah has brought severe hardship to communities across Sri Lanka, leading to extensive flooding, infrastructure damage, and widespread displacement. With many families still staying in temporary shelters and facing heightened health and safety risks, urgent relief remains crucial to restoring dignity, stability, and access to essential services.
Binance Charity remains dedicated to providing timely, meaningful support wherever it’s needed most. Those who are able are encouraged to join ongoing relief efforts through the Sri Lanka Red Cross Society’s official donation channels or by visiting their official website. More information can be found here.
Why This Matters: Impact, Industry Trends & Expert Insights
Binance Charity has pledged LKR 61.6 million (USD 200,000) to support relief efforts following Cyclone Ditwah in Sri Lanka, in collaboration with the Sri Lanka Red Cross Society.
Recent industry reports indicate that cryptocurrency contributions to disaster relief have become increasingly prominent, valued for their speed, borderless nature, and transparency. This aligns with Binance Charity’s rapid response to Cyclone Ditwah, showcasing how crypto can mobilize resources efficiently in times of crisis.
A The Giving Block report highlights the effectiveness of cryptocurrency donations in providing rapid, transparent, and borderless support to affected communities. This supports the impact of Binance Charity’s pledge, as it demonstrates how crypto donations can facilitate timely aid delivery and enhance the overall efficiency of humanitarian efforts.
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