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$10 Million in Bitcoin and Ethereum Donated To Ukraine So Far

The Ukraine government’s call for donations to resist Russian forces in the country has been successful with nearly $10 million in the cryptocurrencies Bitcoin and Ethereum.

The Ukrainian government began asking for cryptocurrency donations on Saturday morning. The official Twitter account for Ukraine tweeted:

According to on-chain data, so far $5.2 million has been sent to the Ethereum wallet, including $1.1 Tether and $109,000 in USDC. The effort’s Bitcoin wallet received $4.2 million of which already $2.9 million was withdrawn.

According to blockchain analytics firm Elliptic the donations “includes a single donation worth $1.86 million, which appears to have originated from the sale of NFTs [non-fungible tokens] originally intended to raise funds for Julian Assange.”

The data also shows that FTX founder Sam Bankman-Fried donated $250,000 in Tether.

The post $10 Million in Bitcoin and Ethereum Donated To Ukraine So Far appeared first on iGaming.org.

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Author: Peter Siu