Ukraine crypto donations pour in after Russian invasion
crypto donations, adding to crowdfunding efforts that have raised more than $5 million in Bitcoin, Ether and other tokens since Friday. Ukraine’s official Twitter handle, as well an account belonging to the country’s Vice Prime Minister Mykhailo Fedorov, shared details of the crypto wallets on Saturday. Victor Zhora, one of Ukraine’s top cyberdefense officials, confirmed to Bloomberg that the tweets and the wallet addresses were accurate. The addresses posted by these accounts have received hundreds of donations worth more than $3 million in less than 24 hours, according to transaction information available for the wallets and data from blockchain analytics firm Elliptic. The median donation was worth around $95, Elliptic co-founder Tom Robinson previously told Bloomberg News by email.
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View Details »Bitcoin was trading at about $39,200 on Saturday, with Ether holding at around $2,800. Meanwhile, the Ukrainian government is soliciting any leads on information related to the cryptocurrency wallets of Russian and Belorussian politicians as the country continues to rely on crowdfunding efforts for its defense against Russia and its allies. Vice Prime Minister Mykhailo Fedorov tweeted Saturday that the Ukrainian crypto community will reward those who provide information. The government has already used Twitter to solicit crypto donations and posted in online hacker forums that it is looking for help in protecting against cyberattacks. Crypto entrepreneur Justin Sun shared multiple posts in support of the fundraising effort, including encouraging
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