Ukraine Buys Military Gear Worth $15M Using Crypto Donations

2 years ago

Quick take:

  • Ukraine has purchased subject cogwheel with $15 cardinal from crypto donations
  • The supplies see bulletproof vests, nighttime imaginativeness goggles, aesculapian equipment, and military-grade nutrient rations
  • Total crypto donations to Ukraine person exceeded $64.6 million
  • Ukraine’s Vice Prime Minister, Mykhailo Fedorov, is optimistic donations volition deed $100 cardinal this week

Ukraine has reportedly utilized $15 cardinal worthy of crypto donations to acquisition assorted non-lethal subject supplies which see bulletproof vests, nighttime imaginativeness goggles, aesculapian equipment, and military-grade nutrient rations.

The update connected the utilization of crypto donations was provided by Ukraine’s Deputy Minister of Digital Transformation, Alex Bornyakov, during a Zoom interrogation from an undisclosed determination wrong the country.

At the clip of writing, full crypto donations towards the subject and humanitarian effort successful Ukraine person surpassed $64.6 million. One donation came successful the signifier of a CryptoPunk NFT that sold for implicit $43,000 successful 2021.

Ukraine Buys Military Gear Worth $15M Using Crypto Donations 17Crypto donations to Ukraine. Source, Slowmist.com

Donations to Ukraine person continued to summation with the Vice Prime Minister and Minister of Digital Transformation, Mykhailo Fedorov, optimistic that the funds thrust volition deed $100 cardinal this week. He said:

The Crypto Fund of Ukraine raised $50M successful crypto successful a week to enactment #Ukraine. An unthinkable unity earlier Putin’s encroachment connected state and democracy. Aiming for $100M this week. We WILL win!

At the aforesaid time, Vice Prime Minister Fedorov has been requesting respective planetary companies to cease providing products and services to Russia arsenic a mode of pressuring President Putin to halt the war. He has truthful acold sent requests to SAP, Oracle, Apple, Google, Netscout, Figma, Hitachi, Amazon and Microsoft, conscionable to sanction a few.

Vice Prime Minister Fedorov has besides requested UnionPay to halt its plans of providing an alternate payments level successful Russia aft Visa and Mastercard suspended each services to the country. In his plea to UnionPay, helium pointed retired that ‘Russian wealth is bloody’ and that it helped ‘Russian missiles onslaught dwelling houses, kindergartens and hospitals successful Ukraine and termination civilians.’

[Feature representation courtesy of Unsplash.com]

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