Using Bitcoin For Humanitarian Aid In Ukraine
A Ukrainian Bitcoin researcher discusses Bitcoin’s global utility as a humanitarian instrument and how he is using it to support people in Ukraine.This is a recording of a recent Twitter Spaces conversation about using bitcoin to get humanitarian aid to the people of Ukraine.Listen To This Twitter Spaces:AppleSpotifyGoogleLibsynOvercastTranscript.[0:07] CK: Hey, how's it going, Gleb? [0:09] Gleb Naumenko: Not so bad. Mostly back to work at this point with the Bitcoin stuff. But also, yeah, that's it. [0:18] CK: Yeah. Of course, that's a touchy question these days. We're glad to have you....
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Gleb, a Ukrainian and Bitcoin Core developer since 2018, is using BTC to deliver humanitarian supplies in wartorn areas of his native country.
The platform will match many donations in crypto, fiat and nonfungible token purchases toward humanitarian help for Ukraine through March 31. Cryptocurrency exchange Crypto.com plans to use its ad time during the 94th Academy Awards on Sunday to air a TV spot regarding the humanitarian crisis in Ukraine.In a Wednesday announcement, Crypto.com CEO Kris Marszalek said the exchange had partnered with the International Committee of the Red Cross, or ICRC, to launch a campaign aimed at helping those suffering under war-torn conditions in Ukraine. The CEO did not specify what the campaign would....
Cryptocurrencies are being used to provide military and humanitarian aid in the Russia-Ukraine conflict. The Russia-Ukraine conflict has tested the capabilities of crypto in a real-world conflict where sanctions and inventive blockchain crowdfunding models abound.The war, which is drawing into its ninth month, has uncovered a raft of blockchain benefits, such as the capacity to support humanitarian endeavors. It has also revealed how much control national authorities can exert over crypto networks.Vadym Synegin, co-founder at IT and crypto solutions provider Tecor, told Cointelegraph that....
Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With Donated Cryptocurrency The Binance Charity Foundation has announced a donation of $2.5 million in cryptocurrency for the United Nations Children’s Fund (Unicef). The money will be used to finance the organization’s efforts in Ukraine amid escalating hostilities with Russia that threaten....
Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking government official has indicated.
Ukraine Accepts, Spends Millions in Crypto, Deputy Minister Reveals
Since the Russian military assault started, Ukraine has been actively seeking financial support in the form of crypto donations. “It’s a very rapid way to get a payment....