Ukraine has received $37M in tracked crypto donations so far

Braiins, which is the oldest and most prominent mining swimming pool in the world, contributed 10 BTC along with a portion its hash rate to Ukraine. RELI3F, the Web3 humanitarian aid initiative, sent out 185 Ethereum to 3 crypto funds supporting Ukraine.

UkraineDAO is also led by Nadya Tolokonnikova, a Russian feminist protest group. It seeks to offer one non-fungible token or NFT flag, to help fund Ukrainian civil organizations. The present greatest quote for NFT is $2.89 million USD.

Unchain Fund was likewise produced by activists from the blockchain community to assist Ukraine. This effort supports a variety of altcoins including NEAR, Binance Coin, Binance USD (BUSD), and a lot more. The fund has raised over $1.5 million in crypto because its launch, generally through donations of NEAR tokens. Cointelegraph spoke to Anna Tutova, Unchain Fund member and popular socialite within the crypto neighborhood.

Next, Come Back Alive (a non-governmental company that claims it is supporting the Ukrainian Armed Forces resistance efforts) has gotten more than $7.2 million in BTC donations to its wallet address. Cointelegraph talked to Ukrainian crypto enthusiasts who confirmed its legitimacy.

The “Reserve fund of Ukraine” seems the largest recipient of crypto contributions. It is backed by Kuna, the nations native cryptocurrency exchange. According to the main Telegram channel, $13 million has been raised by the exchange in crypto for Ukraine primarily through BTC, ETH, and USDT.

We raise money to pay for medical, evacuation, and repair work costs. To be transparent, we just raise funds in crypto and utilize multisig wallets. Vitalik Buterin and Solana are also supporting Unchain Fund.

Cointelegraph information reveals that the total amount of crypto donations tracked to the Ukrainian government and military has exceeded $37 million as of the publication. These include Bitcoin (BTC), Ether( ETH), Tether ($ USDT), and other altcoins. These numbers are likewise based upon tracked jobs, and do not account for products like contributions in between people.

Crypto enthusiasts likewise want the Ukrainian government to accept donations of cryptocurrencies to other altcoins than BTC, ETH, and USDT. Bright Lu, cofounder and CEO at Vechain, tweeted Monday:

Develop a VET wallet, and Ill give $8m. Comparing individualss lives is useless.
Bright LU, VeChain V. (@sunshinelu24). February 28, 2022

Gavin Wood, cofounder of Ethereum, developer of Polkadot DOT and Kusama composed:

I will personally contribute $5m if you supply a DOT address.
Gavin Wood (@gavofyork), February 27, 2022

Cointelegraph data shows that the overall amount of crypto donations tracked to the Ukrainian government and armed force has gone beyond $37 million as of the publication. The “Reserve fund of Ukraine” appears to be the biggest recipient of crypto donations. According to the official Telegram channel, $13 million has been raised by the exchange in crypto for Ukraine generally through BTC, ETH, and USDT.

Cointelegraph talked to Ukrainian crypto enthusiasts who validated its legitimacy.

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The fund has actually raised over $1.5 million in crypto given that its launch, primarily through donations of NEAR tokens.

In spite of cryptocurrency fundraising efforts for Ukraine seeing a lot of success, users required to social networking to warn one another to be cautious, verify the authenticity of contribution links, and prevent scams. One example is the commenting of a con artist who claimed to be presenting the main crypto address in order to help the Ukrainian federal government.

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