AB Charity Foundation has further added 5 million, with a total of 15 million Hong Kong dollars in three donations, practicing the "Spirit of Lion Rock" with the Hong Kong Branch of the Chinese Association for Promoting Peaceful Reunification.
Source: AB Charity Foundation
On the afternoon of November 26, 2025, a level-5 fire broke out at Wang Bo Wai, Hong Kong, causing significant casualties and property losses. This serious disaster touched the hearts of the entire Hong Kong and global Chinese community, and various sectors took emergency action to support the affected residents through donations, supplies, and volunteer services.
Against this backdrop, on November 28, 2025, the AB Charity Foundation took the lead in donating 10 million Hong Kong dollars; on December 1, the foundation added another 2 million Hong Kong dollars, with a total donation of 12 million Hong Kong dollars through the Hong Kong Association for the Promotion of Peaceful Reunification of China.
On December 2, the AB Charity Foundation once again added a donation of 3 million Hong Kong dollars. So far, regarding the relief projects related to the Wang Bo Wai fire, the AB Charity Foundation has donated a total of 15 million Hong Kong dollars through the Hong Kong Association for the Promotion of Peaceful Reunification of China. The foundation hopes to assist the affected residents in returning to normal life as soon as possible with the joint efforts of the Hong Kong SAR Government and the various sectors of society, continuing the spirit of solidarity and mutual assistance carried by the "Lion Rock Spirit."
The AB Charity Foundation stated that it will continue to follow up on the disaster situation and donate further as appropriate.
About AB Charity Foundation
The AB Charity Foundation is an independent international non-governmental organization registered in Ireland and holding the status of a legal entity in the European Union, with its technical and financial support coming from AB DAO. The foundation is committed to building a transparent, trustworthy, and traceable public welfare infrastructure with cutting-edge technologies such as blockchain and artificial intelligence to promote sustainable development in public utilities such as education, healthcare, environment, and humanitarian aid.
AB Charity Foundation Website: https://www.abfdn.org
AB DAO Website: https://www.ab.org

This article is contributed content and does not represent the views of BlockBeats.
You may also like

Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing

Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?

Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI

Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention

Every exchange is a "Universal Exchange."

The counterattack of traditional finance: Alliance chains are quietly reviving

Pantera Capital Partner: How Tokenization is Restructuring the Private Equity and Early Investment Ecosystem?

Mastercard Launches Agent Pay for AI, Plans to Record AI Agent Payment Authorizations on Polygon
Mastercard launched Agent Pay for AI, a new payment protocol designed to help AI agents make small payments such as pay-per-use access to data and APIs. The system plans to record human-granted AI agent permissions on Polygon, focusing on verifiable authorization, identity, and payment controls.

Curve Deploys Llamalend v2 on Optimism With 250,000 OP Incentives
Curve launched Llamalend v2 on Optimism with 250,000 OP incentives from the Optimism Foundation. The upgrade expands Llamalend beyond its earlier crvUSD-focused model, adding broader collateral support, LlamaRisk market reviews, and the ability to use Curve LP tokens as collateral.

Raydium Old Liquidity Pool Reportedly Exploited, With $1.34 Million Moved to Ethereum and Tornado Cash
An old Raydium liquidity pool was reportedly exploited for around $1.34 million in USDC, RAY, and wSOL, with the stolen funds bridged to Ethereum and deposited into Tornado Cash. The incident highlights the tail risks of legacy DeFi pools, old contracts, and cross-chain fund laundering paths.

Kalshi Executive Challenges “SBF Backed AI Unicorns” Narrative, Says Leopold Aschenbrenner Was Key Figure
Kalshi executive John Wang questioned the “SBF backed AI unicorns” narrative, saying Leopold Aschenbrenner was the key figure behind major AI investment decisions.

New York Proposes Stricter Stablecoin Issuer Rules Aligned With Federal GENIUS Act
NYDFS proposed stricter stablecoin issuer rules aligned with the GENIUS Act, covering reserves, custody, redemption timelines, audits, and capital buffers.

CryptoQuant Says Bitcoin Profitable Supply Is Near 45% Pressure Zone as On-Chain Data Points to Market Repricing
CryptoQuant said Bitcoin’s profitable supply is nearing the 45% pressure zone, signaling rising market stress, unrealized losses, and a possible on-chain repricing phase.

Bitcoin Falls Below 200-Week Moving Average as On-Chain Data Shows Over Half of Supply in Loss
Bitcoin dropped below its 200-week moving average as on-chain data showed over 50% of circulating supply is now in loss, signaling rising market stress.

CFTC Reportedly Plans New Prediction Market Rules Focused on Manipulation Risk and Public Interest Review
The CFTC is reportedly preparing new prediction market rules focused on manipulation risk, public interest review, and retail trader protections.

Meet the new WEEX trial fund—your gateway to greater profits

WEEX Labs Lands at Dutch Blockchain Week: A Disruptive Crypto × AI Conversation Sets Sail in Amsterdam

SK Hynix Reportedly Plans U.S. ADR Listing as Early as August, With SEC Approval Possible in Late June
SK Hynix may pursue a U.S. ADR listing as early as August, with SEC approval reportedly possible in late June amid strong AI chip supply chain demand.
