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Russian-born Ethereum co-founder donates $5m to Ukraine

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Russian-born Ethereum co-founder donates – Since the start of the “special military operation” on February 24, Ukraine has received support in crypto from all over the world. According to a Finbold report on March 28, it topped $100 million.

Ethereum co-founder donates

Russian-born Ethereum co-founder donates

Bitcoin (BTC) donations to Ukraine began pouring as Russia threatened to launch an invasion on February 8, mostly spearheaded by Ukrainian volunteers and hacker organizations. Particularly, the contributions have been made to the Ukrainian government, as well as to Ukrainian NGO: Come Back Alive, UkraineDAO, Unchain Fund, Aid For Ukraine, and Cryberpolice Ukraine.

Some individuals and companies in the crypto industry have made donations. Binance has committed to donating $10 million to Ukrainian aid. Kraken provided $1,000 of Bitcoin to Ukraine users who registered within a certain timeframe.

Jack Dorsey, former CEO of Twitter and current CEO of Block Inc., donated $1 million to Ukraine through his charity organization #StartSmall in March.

Russian-born Ethereum co-founder donates -The donations’ recipients have used them for various purposes. The funds have reportedly been spent on military supplies, refugee support, and critical supplies such as food, water, and gas.

In that regard, crypto donations have demonstrated the ability to provide instant, cross-border money transfers that do not require mediation from conventional financial institutions.

Russian-born Ethereum co-founder donates – Bitcoin (BTC) donations to Ukraine began pouring as Russia threatened to launch an invasion on February 8, mostly spearheaded by Ukrainian volunteers and hacker organizations. Particularly, the contributions have been made to the Ukrainian government, as well as to Ukrainian NGO: Come Back Alive, UkraineDAO, Unchain Fund, Aid For Ukraine, and Cryberpolice Ukraine.

Russian-born Ethereum co-founder donates :Some individuals and companies in the crypto industry have made donations. Binance has committed to donating $10 million to Ukrainian aid. Kraken provided $1,000 of Bitcoin to Ukraine users who registered within a certain timeframe.

Jack Dorsey, former CEO of Twitter and current CEO of Block Inc., donated $1 million to Ukraine through his charity organization #StartSmall in March.

The donations’ recipients have used them for various purposes. The funds from Russian-born Ethereum co-founder donation have reportedly been spent on military supplies, refugee support, and critical supplies such as food, water, and gas.

In that regard, crypto donations have demonstrated the ability to provide instant, cross-border money transfers that do not require mediation from conventional financial institutions.

Russian-born Ethereum co-founder donates Vitalik Buterin is continuing to quietly support Ukraine as the war there stretches into its second month.  

The “world’s youngest crypto billionaire” donated $5 million to Ukraine relief this week. On April 4, Buterin sent 750 Ether, or about $2.5 million, to the Aid for Ukraine initiative, which was created by the Ukraine government, and another 750 Ether (in two transactions of 250 Ether and 500 Ether) to the Unchain Fund, a charity created to support Ukraine with humanitarian aid. 

Buterin’s donations can be seen on Etherscan, which displays cryptocurrency transactions, under his Ethereum domain name, vitalik.eth. 

However, Buterin didn’t publicly announce his contributions. Rather, they were publicized by the organizations that received them.

Alex Bornyakov, deputy minister of digital transformation for Ukraine, tweeted his thanks on Wednesday.

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