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$9.9M in Crypto Sent to Ukraine Contains Nearly $2M from NFT Sales – Decrypt

by Brian Neeley
February 26, 2022
in News
.9M in Crypto Sent to Ukraine Contains Nearly M from NFT Sales – Decrypt

According to blockchain analytics firm Elliptic, the number of cryptocurrency donations sent to Ukraine’s government and NGOs since the start of the armed conflict with Russia is close to $10 million, including $1.86 million from an NFT (fungible token) collection. Are included.

This total is growing rapidly as has been dubbed the “world’s first crypto war”.

The Crypto War chest includes a single donation of $1.86 million, which “appears to be generated,” wrote Elliptic, from an NFT collection “Censored” created by digital artist Pak and WikiLeaks founder Julian Assange.

Ukraine’s government also tweeted from its official account on Saturday that it is “now accepting cryptocurrency donations.”

Also read:

UK market bounces on Johnson’s exit but traders say stay away

Labor and material costs to blame for 10% drop in persimmon perfection

Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT.

BTC – 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P

ETH and USDT (ERC-20) – 0x165CD37b4C644C2921454429E7F9358d18A45e14

— Ukraine / Ukraine (@Ukraine) February 26, 2022

Ethereum co-founder Vitalik Buterin, who earlier this week tweeted“Ethereum is neutral, but I am not,” and called Russia’s invasion a “crime,” was one of several crypto leaders on Saturday who pointed to followers of UkraineDAO, co-founded by Pussy Riot, Trippy Labsand members of PleasureDAO,

“Here’s an opportunity to support Ukrainians!” buterin wrote, “Proceeds go to civilian efforts helping war-stricken Ukrainians.”

Decrypt will continue to update this post with the latest totals for crypto donations to Ukraine.

https://decrypt.co/93926/nearly-10m-crypto-donations-ukraine-includes-almost-2m-nft-sale

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