$4.2 Million In Bitcoin Has Been Donated To Ukrainian Military Support Groups

2 years ago
  • $4.2 cardinal successful bitcoin donated to foundation radical “Come Back Alive.”
  • $23.5K donated to Kyiv Independent, an English quality work based successful Ukraine.
  • The Ukrainian authorities cannot judge bitcoin donations, starring to an influx of non-governmental enactment donations.

Bitcoin donations to Ukrainian efforts person exponentially accrued since Bitcoin Magazine reported yesterday that $500,000 successful bitcoin donations had been made to a wallet operated by Come Back Alive, a Ukrainian non-governmental enactment that is providing assistance to the country’s subject during their clip of warfare with Russia.

Publicly disposable data, aggregated by blockchain.com shows that 109 BTC worthy much than $4.29 cardinal is the wallet's existent equilibrium astatine the clip of writing, with 113 BTC worthy implicit $4.44 cardinal being donated to the wallet successful total. Come Back Alive has already distributed implicit 4 BTC worthy $157k, leaving america with the aforementioned balance. The wallet presently has 1,659 full transactions and counting.

As the Ukrainian authorities asks the satellite for donations on their Twitter account, 1 wide logistical contented is the currencies Ukraine tin really judge arsenic donations: US dollars, Euro, British Pound sterling, Swiss francs, Canadian dollars, Polish zloty, Czech crowns, Russian rubles, Australian dollars.

When Twitter users flocked to their station asking the authorities to judge donations successful bitcoin and different cryptocurrencies, the Ukrainian authorities made an update to their work addressing bitcoin. According to Ukraine Now, they cannot judge bitcoin.

With this ineligible barrier, donations of bitcoin are lone imaginable done non-governmental organizations, specified arsenic Come Back Alive. Others are donating to abstracted addresses and organizations arsenic well. Kyiv Independent, an English work based successful Ukraine has received $23,553 successful Bitcoin donations.

The Kyiv Independent addressed their followers and donors connected Twitter saying, “We’re dealing with accrued volumes of traffic, attacks and an unpredictable concern connected the ground. Your enactment is what keeps america going.”

Bitcoin Magazine has covered the traceability of these payments, specifically to this nonstop aforesaid address, highlighting the request for furthering privateness practices to enactment some the donors and those being donated to. 

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