Twitter users ask Ukrainian armed forces to start accepting crypto donations
Ukraine's Ministry of Defense claims it has received numerous requests from foreigners to donate to its Armed Forces, but it cannot accept crypto proceeds. On Thursday, Russia launched a full-scale invasion of Ukraine on multiple fronts, prompting a swift response from the Ukrainian government as it mobilized troops, armed civilians and called upon world leaders to come to its aid. The same day, the Ministry of Defense of Ukraine began accepting donations for its armed forces by setting up a designated bank account for foreign currency wire transfers. The Ukrainian army cited "numerous....
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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....
The Ukrainian government has launched an official cryptocurrency donation website to raise funds in support of the Ukrainian armed forces and humanitarian aid programs in the fight against Russia. The donation platform is a collaboration between the Ministry of Digital Transformation of Ukraine, Everstake, and cryptocurrency exchange FTX.
Government’s Crypto Donation Website Now Live
The Ministry of Digital Transformation of Ukraine announced Monday that it has launched the official “Aid For Ukraine” website to raise funds in support of the Ukrainian....
About a year ago, WhitePay was founded in Ukraine, which creates a cryptocurrency POS solution for business. They had big and great plans, but Russian aggression broke not only their plans but the dreams and lives of all Ukrainians. Many corrupt pro-Russian media are engaged in propaganda and brainwashing. They are involved in disinformation of the population and brazenly lie that Russia doesn’t attack Ukraine, doesn’t kill civilians, and doesn’t destroy our homes. It’s all a lie – yes, it’s warring in Ukraine. The Ukrainian army, territorial defense and ordinary citizens are....
Users have sent more than $48 million USD in crypto to government wallet addresses, roughly 24% of the platform’s $200 million goal. Crypto exchanges FTX and Kuna and staking platform Everstake have partnered with Ukrainian government officials to launch a donation website for users wishing to send crypto to help the country and its people.In a Monday announcement, Ukraine’s Ministry of Digital Transformation said the government had launched Aid for Ukraine, a platform that accepts donations in Bitcoin (BTC), Ether (ETH), Tether (USDT), Polkadot (DOT), Solana (SOL), Dogecoin (DOGE), Monero....
Developers from Polkadot and VeChain have put an additional $13M on the table as well. Based on data gathered by Cointelegraph, the amount of tracked crypto donations sent to the Ukrainian government, military and charities has surpassed $37 million at the time of publication. These include Bitcoin (BTC), Ether (ETH), Tether (USDT) and other altcoins. The numbers are also based on tracked projects and do not account for items such as donation efforts between individuals.The biggest recipient of crypto donations appears to be the "Reserve fund of Ukraine," backed by the country's native....