Table of Contents
Ukraine is accepting cryptocurrency donations following Russia’s militia strike on the nation. Crypto users bear despatched over $600,000 worth of Bitcoin, Ethereum, and varied digital sources up to now.
Key Takeaways
- Ukraine’s reliable Twitter epic and Vice Prime Minister Mykhailo Fedorov bear tweeted requests for Bitcoin and Ethereum donations.
- Thousands and thousands of dollars has been raised for Ukraine over the outdated couple of days following Russia’s militia attack on the nation.
- Vitalik Buterin and others warned that the posts might perhaps no longer be legit when they first surfaced.
“Stand with the of us of Ukraine,” a authorities reliable’s tweet be taught.
Ukraine Requests Crypto Donations
Ukraine is making an strive for cryptocurrency donations to support fight in opposition to Russia’s attack.
The jap European nation’s reliable Twitter epic posted a tweet earlier this day announcing that it became once now accepting Bitcoin, Ethereum, and Tether with hyperlinks to a Bitcoin and Ethereum address. The address has now bought 9.2 Bitcoin (around $361,000), 83 Ethereum (around $232,000) and around $20,000 worth of varied digital sources.
The tweet within the initiating drew skepticism as some suspected that Ukraine’s epic can bear been hacked. Vitalik Buterin warned in opposition to sending any crypto donations in a tweet, commenting that the seek knowledge from “might perhaps without lisp be a hack.” Crypto Briefing reached out to authorities officers to envision whether the seek knowledge from became once legit but had no longer bought a response at press time.
Ukraine’s Vice Prime Minister and Minister of Digital Transformation Mykhailo Fedorov additionally tweeted out the 2 cryptocurrency addresses earlier this day, which implies that the seek knowledge from might perhaps presumably be legit until hackers efficiently focused both accounts. “Stand with the of us of Ukraine,” the tweets from both accounts be taught. Fedorov additionally shared the address on a verified Telegram channel.
Thousands and thousands of dollars bear been raised for Ukraine over the outdated couple of days since Russia’s militia strike. An NGO known as Near Support Alive has already bought $5.8 million in Bitcoin, while Ethereum fans bear launched a DAO known as UkraineDAO in a notify to raise funds. Severely, the Ministry of Protection is no longer legally authorized to settle for crypto.
Early Thursday, Russian President Vladimir Putin presented that he had ordered an attack on Ukraine following weeks of stress. Explosions bear since been heard all over Kyiv and varied main cities and Ukrainians bear assembled with artillery to fight off the Russian militia. Ukraine’s President Volodymyr Zelenskyy declared marital guidelines following the strike and has known as on international locations abroad to fight off the attack. He became once pictured on the ground in Kyiv this day.
Protests are taking arrangement in main cities all over the area this day in team spirit with Ukraine. On Friday, it became once reported that over 1,700 protestors had been arrested in Russia.
The crypto community has additionally decried Russia’s attack on Ukraine over the outdated couple of days. Sam Bankman-Fried, Vitalik Buterin, and others spoke out in opposition to the battle this week. “Reminder: Ethereum is neutral, but I’m no longer,” Buterin tweeted after declaring that he became once “very upset by Putin’s decision” in a tweet written in Russian.
16: 47 UTC update: The PR crew for the Ministry of Digital Transformation of Ukraine responded to Crypto Briefing in an electronic mail to substantiate that the seek knowledge from is legit. “Sure, we confirm — the communications channels of the Ministry Of Digital Transformation of Ukraine and Minister Mykhailo Fedorov are receive. We’re no longer hacked” the message be taught.
19: 18 UTC update: The Bitcoin address has now bought 18.7 Bitcoin worth $733,000, and the Ethereum address has bought over 1,200 Ethereum worth $3.4 million plus about $236,000 in varied digital sources. That brings the total to around $4.37 million.
Disclosure: On the time of writing, the writer of this aim owned ETH and several varied cryptocurrencies.
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