UN agency accepts first stablecoin donations worth $2.5M to help Ukrainian re...
Crypto donations have proven vital for Ukraine and its people, as the country has received over $100 million in crypto donations since the conflict broke out. The United Nations High Commissioner for Refugees (UNHCR), a UN agency for refugees, has accepted its first-ever crypto donations toward humanitarians aid for Ukrainians fleeing the war-torn nation.UNHCR accepted $2.5 million in Binance USD (BUSD) stablecoin donations from Binance Charity that would be utilized to rehabilitate and support refugees fleeing to neighboring countries from Ukraine.According to a report from the USA for....
Related News
United24, a new fundraising platform announced recently by Ukrainian President Volodymyr Zelenskyy, accepts a number of cryptocurrencies, alongside traditional payment methods. The initiative also permits donors to choose how their money will be spent.
Kyiv Launches New Platform for Donations Amid Ongoing War With Russia
Ukraine, which has been increasingly relying on foreign donations to support its defense efforts and overcome humanitarian challenges following Russia’s invasion, now offers those who want to help an integrated platform that streamlines the process and....
Ukraine has raised more than $17 million in cryptocurrency donations since Russia began its invasion. Over $10 million were donated directly to the crypto wallets posted by the Ukrainian government about 24 hours after the government solicited donations in bitcoin, ether, and tether. Crypto Community Responds to Ukrainian Government’s Plea for Cryptocurrency Donations The Ukrainian government began soliciting cryptocurrency donations Saturday morning. The official Twitter account for Ukraine tweeted: “Stand with the people of Ukraine. Now accepting cryptocurrency donations.....
Non-government and volunteer organizations collecting funds to support Ukrainian forces have been accepting donations in cryptocurrency, a new report has unveiled. The findings have been published amid heightened tensions with Russia, which has been accused of amassing troops at the border with Ukraine. Ukrainian Organizations Crowdfund Defense Effort With Crypto Ukrainian NGOs and volunteer groups have raised several hundred thousand dollars in cryptocurrency, a study by blockchain analytics firm Elliptic has revealed. Donations made in digital assets have increased by 900% last year, the....
Crypto circle recently retorted the Russian attack on Ukraine a week ago, joined to help Ukrainian citizens, upended donations worth $30 million. The main objective of such handsome donations is to help the people affected by the Russian attack. Bitcoin and the other digital crypto assets are appearing hot spots because many people of Ukraine […]
Cryptocurrency donations have poured into a nonprofit organization that provides support to Ukrainian soldiers after Russia launched a large-scale attack on Ukraine. More than $5 million in bitcoin has already been raised. Meanwhile, the group’s fundraising page on Patreon has been abruptly removed. Crypto Donations Soar After Russia Invaded....