2 years ago
A bitcoin wallet listed by a foundation enactment claiming to enactment the Ukrainian subject has received astir 124 bitcoins worthy astir $4.8 million, according to information from Blockchain.com.
The code successful question has been progressive since astatine slightest August 2021, but the immense bulk of the 1,847 recorded transactions took spot successful February, galore of them successful the past 72 hours. According to Elliptic's Tom Robinson, the foundation received a azygous $3 cardinal donation successful bitcoin connected Friday, arsenic good arsenic adjacent to $400,000 successful bitcoin connected Thursday.
Crypto markets took a large deed connected the penetration quality Thursday evening, liquidating astir $242 million successful specified hours. In Ukraine, radical person started to question retired crypto arsenic a harmless haven, said Michael Chobanian, laminitis of the Ukrainian crypto speech Kuna, during an interrogation connected CoinDesk TV's "First Mover" programme connected Wednesday.
Social media posts that listed the bitcoin wallet code (Bc1qkd5az2ml7dk5j5h672yhxmhmxe9tuf97j39fm6) among different methods of donation person been shared wide since astatine slightest Tuesday. The project collecting the funds, called “Come Back Alive,” claims to beryllium assisting Ukraine’s subject efforts. The wallet successful question has already disbursed $150,000 worthy of bitcoin it has received truthful far.
On Friday, Ukraine's authoritative Twitter relationship posted a link to the Come Back Alive donation page, which includes details for its bitcoin wallet.
“All funds received by the Charitable Foundation are utilized exclusively for the needs of the army,” the enactment states connected its website, pointing to a live spreadsheet utilized for reporting transactions.
The past transactions reported are from Feb. 25.
Meanwhile, different bitcoin wallet, this 1 acceptable up by the Ukrainian English-language quality work Kyiv Independent, has received astir $5,500 successful donations. The work said the donations volition assistance to proceed reporting connected the conflict.
UPDATE (Feb. 24, 22:51 UTC): Updated with accusation from Elliptic successful 2nd graph.
UPDATE (Feb. 25, 18:48 UTC): Updated with latest fundraising figures successful platform and archetypal and 2nd graphs.
UPDATE (Feb. 25, 20:59 UTC): Updated with details of Ukraine's authoritative Twitter account.
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Sandali Handagama is simply a CoinDesk newsman with a absorption connected crypto regularisation and policy. She does not ain immoderate crypto.
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