Vitalik Buterin quietly donates $5M ETH to aid Ukraine as total tracked crypto donations reach $133M

2 years ago

No authoritative nationalist announcement was made regarding the ample sum donation.

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Vitalik Buterin softly  donates $5M ETH to assistance  Ukraine arsenic  full   tracked crypto donations scope   $133M

As told by Aid for Ukraine, a associated inaugural created by the Ukrainian government, FTX, Everstake, and Kuna to rally crypto donations for the country, Ethereum (ETH) co-founder Vitalik Buterin made $5 cardinal worthy of ETH donations to Ukraine successful aboriginal April. According to the entity, contempt the ample donation sum, Buterin did not marque an announcement regarding the transaction. It was yet linked to him via the Ethereum Name Service domain sanction "vitalik.eth", which served arsenic the root of the transfer.

— Aid For Ukraine (@_AidForUkraine) April 6, 2022

Half of the $5 cardinal successful donations went straight to Aid for Ukraine, portion the different fractional went to Unchain Fund, a cryptocurrency foundation initiative created by activists successful the blockchain assemblage to supply humanitarian alleviation for Ukrainians. Alex Bornyakov, Deputy Minister of Digital Transformation of Ukraine, publically thanked Buterin's publication successful a tweet, writing: 

"I couldn't beryllium much grateful for each crypto donation to our lifesaving initiative, Aid for Ukraine. It truly helps to fortify our state and support its antiauthoritarian values. Special acknowledgment to Vitalik Buterin for lasting with Ukraine."

Based connected information gathered by Cointelegraph, the magnitude of tracked crypto donations sent to the Ukrainian government, military, and charities has surpassed $133 million. Unchain Fund has raised much than $10 cardinal alone, with astir of its contributions stemming from NEAR tokens and ETH. But, overall, it appears the gait of donations has slowed down.

From Feb. 28 to Mar. 9 alone, full tracked crypto donations to Ukraine skyrocketed from $37 million to $108 million. Some person pointed to a diminution successful enthusiasm for specified initiatives, particularly aft the Ukrainian authorities made a U-turn connected an anticipated airdrop.

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