- As many as $6.9 million ended up being allocated to armored vests.
- It had been as reported by Elliptic that $5 million originated from Polkadot co-founder Gavin Wood.
Yesterday, Ukraine’s Vice Pm Mykhailo Fedorov detailed using $54 million in cryptocurrency contributions. Probably the most costly item was unmanned aerial vehicles (or drones), which tallied $11.8 million. As many as $6.9 million ended up being allocated to armored vests, while $5.8 million was allotted into it infrastructure and applications.
They’re saying that since Russia’s invasion of Ukraine began, over $54M continues to be led to cryptocurrency. Aid For Ukraine, a non-profit organization, coordinated the donations for the advantage of the Ukrainian military and humanitarian organizations. The business was based on the cryptocurrency exchange FTX, Everstake, Kuna, and also the Ukrainian Secretary of state for Digital Transformations.
Crypto Playing Its Part
Forever from the invasion, crypto has performed an important role by supplying individuals all over the world with a way to financially assist the Ukrainian struggle. Bitcoin, Ethereum, and Polkadot addresses for contributions to “Stand using the people of Ukraine” were tweeted through the Ukrainian government on Feb 26. There is as many as $50 million in cryptocurrency contributions delivered to the federal government not much later.
It had been as reported by Elliptic that $5 million originated from Polkadot co-founder Gavin Wood, $200,000 originated from a CryptoPunk, and $1.26 million came with the purchase of the NFT by Julian Assange and digital artist Pak.
Aid for Ukraine received $2.5 million price of Ethereum from Russian-Canadian Ethereum co-founder Vitalik Buterin, that the organization mentioned was sufficient for 31,000 medical kits, 364,000 medical supplies, and 585 radio kits and stations for that Ukrainian military.
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