Ukraine accepts Bitcoin, Ethereum, USDT donations to fund ongoing war

Assistance the Ukrainian individuals. Accepting cryptocurrency donations Bitcoin, Ethereum, and USDT. BTC – 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P ETH and USDT (ERC-20) – 0x165CD37b4C644C2921454429E7F9358d18A45e14
Ukraine/ Ukrayina, (@Ukraine), February 26, 2022

There was some confusion about the intended purpose of crypto contributions, Buterin shared a decentralized self-governing organization effort (DAO), which focuses solely on Ukrainian citizens.

Support the people of Ukraine. We now accept cryptocurrency donations.
— Mykhailo Fedorov, @FedorovMykhailo, February 26, 2022

My Ukrainian credit cards are no longer legitimate. My savings and physical security are excellent in Kazakhstan. Crypto is my only remaining cash, and I can with confidence state that $BTC and $ETH are going to save me while Im not able to return house.
— ARTYOM FKsDOSOV, @usleepwalker, February 25, 2022

The ongoing conflict has actually caused lots of civilians in Ukraine to become refugees. They have lost access to their credit cards and fiat cost savings. According to the United Nations (UN), more than 150,000 individuals were displaced from Ukraine by February 26th.

Heres your opportunity to assist the Ukrainians! Earnings will go to civilian efforts to help Ukrainians affected by the war. https://t.co/GD7Qlw61nT
— Vitalik.eth (@VitalikButerin), February 26, 2022

The Vice Prime Minister of Ukraine Mykhailo Federorov shared 3 addresses for crypto wallets, prompting crypto users to support Ukraines fight versus Russian troops. The BTC and ETH addresses are the same. Fedorovs USDT wallet address has a TRC20 basis (different from that shared by Ukraines Twitter deal with).

Cointelegraph reported on February 24, that the Ministry of Defence of Ukraine received lots of ask for crypto donations from foreigners.

The federal government of Ukraine looked for worldwide assistance to counter Russias risk to Kyiv as Russia is threatening to seize control of the capital. The official Twitter account for Ukraine required assistance to Crypto Twitter, but time is critical.

Crypto contributions can be really useful. It is quick, safe, and simple.
— timo (@tymo_tt) February 24, 2022

Its been validated by a few sources. In the meantime, I am deleting my warning. When sending out irreparable cryptocurrency transactions, keep alert and be careful. https://t.co/Odv5pxf3mp
— Vitalik.eth (@VitalikButerin), February 26, 2022

Unconfirmed but believed to be true, proceedings to addresses shared by Ukraines government will be utilized by the federal government straight while DAO proceedings will redirect towards citizen welfare by means of NGO.

UkraineDAO was released by Nadya Tolokonnikova of Pussy Riot. It is a non-fungible token (1 NFT) of the Ukrainian flag. This token will raise funds for Ukrainian civil companies that are assisting those who have been affected by the war began by Putin.

The Ukrainian government reached out to the cryptocurrency neighborhood by means of Twitter within the first week of Russia-Ukraines war to raise funds for its civilians and soldiers. The Ukraine now accepts contributions in Bitcoin (BTC), Ethereum( ETH) and Tether ($ USDT).

In the start, prominent crypto entrepreneurs like Vitalik Buterin, co-founder of Ethereum, presumed that accounts requesting for crypto contributions had actually been hacked. American diplomat Tomicah Tillemann confirmed the authenticity of the account from Olexander Scherba, the Ukrainian Ambassador.

Related: The response of the crypto community to Russias invasion of Ukraine

Cointelegraph reported that the crypto neighborhood asked the Ministry of Defense to produce arrangements for accepting crypto contributions. This was formerly not possible.
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Assistance the people of Ukraine. The continuous conflict has triggered numerous civilians in Ukraine to end up being refugees. According to the United Nations (UN), more than 150,000 individuals were displaced from Ukraine by February 26th.

We just gave $25 each to every Ukrainian on FTX. Do what you got ta do!
— SBF (@SBF_FTX February 24, 2022

The Vice Prime Minister of Ukraine Mykhailo Federorov shared three addresses for crypto wallets, prompting crypto users to support Ukraines battle versus Russian troops. Fedorovs USDT wallet address has a TRC20 basis (different from that shared by Ukraines Twitter deal with).

Prominent crypto business owners made proactive efforts to help Ukrainians as quickly as the Russia-Ukraine conflict broke out. Sam Bankman-Fried, CEO of FTX, was the very first to offer monetary help to FTX traders hailing from Ukraine.

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