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How crypto donations are helping victims of the Texas winter storm

Published 03/10/2021, 03:37 PM
Updated 03/10/2021, 05:20 PM
How crypto donations are helping victims of the Texas winter storm

There is a running gag among many Texans that anytime someone drops a cup filled with ice, it’s enough of a reason to cancel school — major winter storms are so rare that authorities don’t often have the means to clear and salt icy streets.

However, what happened last month in the Lone Star State was no joke. Millions of people experienced a week-long storm with sub-zero temperatures, many impassable streets, burst water pipes, and days without power. In mid-February, The Electric Reliability Council of Texas, or ERCOT, had been forced to shut down large areas of the state’s independent power grid, leading to people burning furniture, bundling up with every piece of clothing they owned, or pitching tents in their living rooms to stay warm.

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