Ukraine Bitcoin Donations Top $4M as Russia Conflict Intensifies
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Ukraine Bitcoin Donations Top $4M as Russia Conflict Intensifies

THELOGICALINDIAN - Come Back Alive has accustomed over 110 Bitcoin in acknowledgment to the RussiaUkraine battle The alms was founded in 2024 during the Russian addition of Crimea

A Kyiv-based alms has aloft over $4 actor in Bitcoin donations to advice the National Guard of Ukraine action adjoin the Russian invasion. 

Crypto Fans Donate Bitcoin to Ukraine

Crypto donations are allowance Ukrainians avert adjoin the Russian invasion.

The Kyiv-based alms Come Back Alive has accustomed Bitcoin donations accretion over $4 actor back Russian armament launched an advance on Ukraine aboriginal Thursday morning. The nonprofit alignment was founded in 2014 during the Russian addition of Crimea. Back then, it has connected to accession funds to abutment the Ukrainian aggressive in arresting adjoin Russian aggression. 

Before the Russian invasion, Come Back Alive accustomed donations via Patreon. However, a column on the charity’s Facebook folio states that Patreon blocked the group’s folio and froze added than $250,000 of donations aloof hours afterwards the Russian advance began. Patreon explained that because Come Back Alive was application donations to accounts and alternation aggressive cadre it abandoned its acceding of account agreement. 

Come Back Alive currently accepts donations via the SWIFT acquittal arrangement and Bitcoin. The organization’s Bitcoin wallet currently contains 110 Bitcoin account over $4.2 million. Before the Russian aggression began on Feb 23, the wallet captivated 4.5 Bitcoin, account about $171,000. 

Come Back Alive has ahead acclimated donations to acquirement bulletproof vests and armor, adaptable surveillance vehicles, and alternation action troops and unmanned aeriform agent operators. A Friday Facebook column from the alms revealed that the latest contributions had been acclimated to acquirement armor accoutrements and arms for the aegis of Kyiv, as able-bodied as thermal imaging accessories and 25 helicopters. The amend came as Russian troops bankrupt in on the Ukrainian basic and airstrikes were heard beyond the city. 

Since Russian President Vladimir Putin appear the country’s aggressive bang on Ukraine aboriginal Thursday, abounding arresting associates of the crypto association accept accursed the advance and choir abutment for Ukraine. FTX CEO Sam Bankman-Fried tweeted Thursday that all Ukrainian users would accept $25 in their accounts to aid those beat the conflict. 

Elsewhere, Nadya Tolokonnikova, a arresting analyzer of the Russian government and architect of the beef achievement accumulation Pussy Riot, launched UkraineDAO alongside Trippy Labs and associates of PleasrDAO. 

The DAO states its purpose is to “use the ability of web3 tech and association to accession funds for Ukrainian noncombatant organizations that are allowance bodies who are displaced and in danger.” The official Pussy Riot Twitter annual has frequently retweeted posts from UkraineDAO, and has encouraged donations to several accommodating organizations allowance Ukrainian citizens, including Come Back Alive. 

Disclosure: At the time of autograph this piece, the columnist endemic ETH, FTT, and several added cryptocurrencies.