The crypto community is rallying together like never before to show support to Ukraine in the way of digital asset donations.
as of Feb 27, 23:50 UTC. The total received by the Ukrainian government is currently $18.9 million, the majority of which came over the past two days from Mr. Fedorov’s appeal.Elliptic broke down the donations by crypto-asset, revealing “the majority of donations received to date have been in Bitcoin and Ether, although US Dollar stablecoins contribute a significant proportion.”
More than half, or 56.4%, has been donated in Bitcoin, 31.8% has been Ethereum, while 10.9% is stablecoins and less than one percent other altcoins. According to Chinese crypto outlet Wu Blockchain, the Polkadot founder was ready to donate … if there was a DOT address available. Polkadot founder Gavin Wood said he would donate $5 million if the Ukrainian government provided Polkadot’s address. In addition, Tom Robinson stated that the largest donation received by the Ukrainian government was Bitcoin worth $1.86 million.The firm added that crypto donations to Ukrainian volunteer and hacking groups have also spiked since Russia launched its invasion on Thursday.The world’s largest crypto exchange Binance has joined the call with its own $10 million in donations.
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