Ukraine Is Asking for Bitcoin and Ethereum Donations
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Ukraine Is Asking for Bitcoin and Ethereum Donations

THELOGICALINDIAN - Ukraine is accepting cryptocurrency donations afterward Russias aggressive bang on the country Crypto users accept beatific over 600000 account of Bitcoin Ethereum and added agenda assets so far

“Stand with the bodies of Ukraine,” a government official’s cheep read. 

Ukraine Requests Crypto Donations  

Ukraine is gluttonous cryptocurrency donations to advice action adjoin Russia’s attack. 

The eastern European country’s official Twitter annual acquaint a tweet beforehand today announcement that it was now accepting Bitcoin, Ethereum, and Tether with links to a Bitcoin and Ethereum address. The abode has now accustomed 9.2 Bitcoin (around $361,000), 83 Ethereum (around $232,000) and about $20,000 account of added agenda assets. 

The cheep initially drew skepticism as some doubtable that Ukraine’s annual may accept been hacked. Vitalik Buterin warned against sending any crypto donations in a tweet, commenting that the appeal “could calmly be a hack.” 

Ukraine’s Vice Prime Minister and Minister of Digital Transformation Mykhailo Fedorov also tweeted out the two cryptocurrency addresses beforehand today, which suggests that the appeal could be accepted unless hackers auspiciously targeted both accounts. “Stand with the bodies of Ukraine,” the tweets from both accounts read. Fedorov additionally aggregate the abode on a absolute Telegram channel. 

Crypto users acquire aloft millions of dollars for Ukraine over the aftermost few canicule afterward Russia’s aggressive strike. An NGO alleged Come Back Alive has already accustomed $5.8 actor in Bitcoin, while Ethereum enthusiasts acquire launched a DAO alleged UkraineDAO in a bid to accession funds. Notably, the Ministry of Defense is not accurately permitted to acquire crypto. 

Early Thursday, Russian President Vladimir Putin appear that he had ordered an advance on Ukraine afterward weeks of tension. Explosions accept back been heard beyond Kyiv and added above cities and Ukrainians accept accumulated with arms to action off the Russian military. Ukraine’s President Volodymyr Zelenskyy declared conjugal law afterward the bang and has alleged on countries across to action off the attack. He was pictured on the arena in Kyiv today. 

Protests are demography abode in above cities about the apple today in adherence with Ukraine. On Friday, it was appear that over 1,700 protestors had been arrested in Russia. 

The crypto association has additionally decried Russia’s advance on Ukraine over the aftermost few days. Sam Bankman-Fried, Buterin, and others batten out adjoin the battle this week. “Reminder: Ethereum is neutral, but I am not,” Buterin tweeted afterwards declaring that he was “very agitated by Putin’s decision” in a cheep accounting in Russian. 

16:47 UTC update: The PR aggregation for the Ministry of Digital Transformation of Ukraine responded to Crypto Briefing in an email to affirm that the appeal is legitimate. “Yes, we affirm — the communications channels of the Ministry Of Digital Transformation of Ukraine and Minister Mykhailo Fedorov are secure. We are not hacked” the bulletin read.

19:18 UTC update: The Bitcoin abode has now accustomed 18.7 Bitcoin account $733,000, and the Ethereum abode has accustomed over 1,200 Ethereum account $3.4 actor additional about $236,000 in added agenda assets. That brings the absolute to about $4.37 million.

Disclosure: At the time of writing, the columnist of this affection endemic ETH and several added cryptocurrencies.