Vitalik Buterin quietly donates $5M ETH to aid Ukraine as total tracked crypto donations reach $133M
Cointelegraph data reveals that the overall quantity of crypto contributions tracked to the Ukrainian armed force, government and charities has actually exceeded $133 million. Unchain Fund has actually raised over $10 million, the majority of which originated from NEAR tokens or ETH. In general, nevertheless, it appears that donations have actually slowed down.
Half of the $5million in donations went straight towards Aid for Ukraine. The other half went toward Unchain Fund, which is a charity effort based upon cryptocurrency that was developed by activists within the blockchain community to provide humanitarian aid for Ukrainians. Alex Bornyakov (deputy minister of Digital Transformation of Ukraine) openly thanked Buterin for his contribution through a tweet.
Help for Ukraine is a joint effort of the Ukrainian government, FTX and Everstake to raise crypto donations for the country. In April, Vitalik Buterin, co-founder of Ethereum (ETH), contributed $5 million in ETH to Ukraine. According to the entity Buterin didnt make any announcement about the deal regardless of the large amount of money. It was linked to him ultimately via the Ethereum Name Service domain “vitalik.eth”, which worked as the source of the transfer
The total amount of tracked crypto contributions to Ukraine jumped from $37 million as much as $108 million in between February 28 and March 9. Lots of have actually explained a decrease in enthusiasm for these efforts, especially after the Ukrainian government reversed its plans to airdrop.
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Aid for Ukraine is a joint initiative of the Ukrainian government, FTX and Everstake to raise crypto contributions for the nation. In April, Vitalik Buterin, co-founder of Ethereum (ETH), donated $5 million in ETH to Ukraine. Half of the $5million in donations went straight towards Aid for Ukraine.” I could not be more grateful for every cryptocurrency contribution to our lifesaving program, Aid for Ukraine.
” I might not be more grateful for every single cryptocurrency donation to our lifesaving program, Aid for Ukraine. It really assists strengthen our country, and secures its democratic values. We are grateful to Vitalik Buterin, who stood with Ukraine.
. @VitalikButerin contributed $ETH in excess of $2.5 M to @_AidForUkraine 2 days ago and didnt even state a word. He likewise contributed $2.5 M in $ETH to @Unchainfund. Vitalik, thank you a lot for all your aid and for helping to develop @ethereum. The #Ethereum neighborhood is pic.twitter.com/HuvDcTM40e
— Aid For Ukraine (@_AidForUkraine), April 6, 2022
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