Ukrainian Government Is Seeking Crypto Donations

Ukrainian Government Is Seeking Crypto Donations

Ukrainian Government Is Seeking Crypto Donations

The Ukrainian government is seeking donations in cryptocurrency as the country seeks to repel the invasion by Russia.

The official Twitter accounts of the Ukrainian government and Vice Prime Minister Mykhailo Fedorov provided wallet addresses for donations of bitcoin (BTC), ethereum (ETH) and the stablecoin tether (USDT). At publication time the wallets contained $435,000. That may not be the total donated, however, as there are indications that some bitcoin has already been removed from the respective wallet.

This is not the first instance of using cryptocurrencies to aid Ukrainians in their battle against the Russian invasion. A digital wallet raising funds to support the Ukrainian army has received almost $6 million in bitcoin.

While Ethereum co-founder Vitalik Buterin expressed doubt as to the veracity of the appeals, the tweets came from verified accounts. Representatives for the Ukrainian government weren’t immediately available for comment and the country’s official website appeared to be down.

Click to rate this post!
[Total: 0 Average: 0]

Join Our Newsletter

Sign up for free now and be the first to know about new updates.

Write a Comment