Crypto donations

Crypto donations for Ukraine have exceeded $20 million

Crypto donations for Ukraine have exceeded $20 million after the country released an address for donations last week. Most donations are in Bitcoin and Ethereum from all over the world.

Crypto donations for Ukraine:

At the time of crisis people from all over the world are contributing to help the war-torn country. This is the beauty of crypto that anyone from any part of planet earth can help people in such a situation. A few days ago, we have reported that independent NGOs have received more than $4 million in bitcoin donations. After the Russian invasion of Ukraine, the government of Ukraine also asked people from all over the world to help the country.

Last week, the government of Ukraine shared Bitcoin and Ethereum wallet addresses and asked for crypto donations. Blockchain records show that crypto donations for Ukraine have exceeded $20 million. The government has received $9.4 million worth of Bitcoin and $10.6 million worth of Ethereum in donations from anonymous contributors. These crypto donations are meant to help the country to defend against the Russian invasion.

Crypto donations

Data analytics firm, Elliptic, revealed that NGOs and the government of Ukraine have raised more than $35 million through more than 35,000 donations from around the globe. The government is also planning to accept Polkadot donations. In my opinion, these donations are the right way to show the world how crypto can help people in crisis.    

About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for NewsBSC.com and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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