Ukraine has received more than $ 9 million in cryptocurrency donations from anonymous donors

andrei
ukraine donations

Cryptocurrency analysts say at least $9 million has so far been donated to Ukraine’s war effort through anonymous Bitcoin donations.

Researchers at Elliptic, a blockchain analysis company, say the Ukrainian government, NGOs and volunteer groups raised the money by publishing their bitcoin wallet addresses online, writes the BBC.

To date, more than 4,000 donations have been made, and an unknown donor has donated $3 million worth of Bitcoin to an NGO.

The average donation is $95, currently.

The official Twitter account of the Ukrainian state asked users to “stand alongside the people of Ukraine” and said it accepts donations in the form of cryptocurrencies Bitcoin, Ethereum and USDT.

He also posted addresses for two cryptocurrency wallets and, in four hours, raised more than $3.3 million in donations.

“While some crowdfunding and payment companies have refused to allow donations to groups that support the Ukrainian military, cryptocurrencies have emerged as a powerful alternative,” said Elliptic founder Tom Robinson.

 

Cryptocurrency fundraising has become a modern part of the war, with cases seen in other recent conflict zones around the world.

Photo source: Pixabay

See also  Portugal will cease to be a tax haven for cryptoactives
Total
0
Shares
Leave a Reply

Your email address will not be published.

Previous Post

CoinAcademy AMA: Massa, the ultra-decentralized blockchain

Next Post

Quai Network values security


Disclaimer : This website does not invite anyone to invest in the projects we are talking about. This is simple information about crypto projects that we find interesting.
Related Posts
ua.Massadopted.com uses cookies to ensure the best experience for you.