Ukraine Opens Polkadot Wallet for War Fundraising; Founder Wood Donates $5M in DOT

2 years ago

Ukraine expanded its cryptocurrency fundraising efforts by opening a Polkadot wallet aft promises of a $5 cardinal idiosyncratic donation from Polkadot laminitis Gavin Wood.

  • Wood sent 298,367 DOT (worth $5.3 cardinal astatine property time) astatine 14:10 UTC, according to blockchain data.

  • The Wood donation brings the full magnitude of DOT contributed to 309,939 DOT ($6.0 million) arsenic of property time.

  • It comes arsenic crypto holders the satellite implicit determination donations into the war-torn country. Over $20 cardinal successful crypto donations person been sent truthful far, with Binance donating $10 cardinal and manufacture leaders Sam Bankman-Fried and Deepak Thapliyal besides contributing ample sums.

  • According to digital plus probe firm Elliptic, determination person been much than 24,000 integer plus donations since the commencement of the Russian invasion. One bitcoin (BTC) whale donated $3 cardinal alone.

  • DOT is currently trading astatine $19.36, according to CoinGecko, up 13% successful 24 hours arsenic the crypto marketplace continues to rally.

UPDATE (March 1, 14:30 UTC): Adds Wood donation. Updates numbers.

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