Crypto donations sent to Ukraine have reportedly reached $13 million. It was reported that the total amount is 1,349 Ethereum, 204 Bitcoin and various amounts in Tether (USDT) and USD Coin (USDC).
Experts say the steady stream of crypto donations to Ukraine and the use of crypto can benefit markets.
The value of crypto donations sent to Ukraine to aid Ukraine’s defense efforts against Russia has reached $13 million. This development was shared by Chinese blockchain journalist Colin Wu via a breakdown of crypto donations via Twitter.
Crypto Donations Can Benefit Markets
Colin Wu, crypto to Ukraine The amount of his donations is 1,349 Ethereum (ETH), 204 Bitcoin (BTC) and various amounts of Tether (USDT) and USD Coin (USDC).
Buying BTC and ETH to help Ukraine could help the crypto market recover.
Vitalik Buterin Tells Donors to Donate by Searching Crypto Addresses
Vitalik Buterin, the founder of Ethereum, warned the crypto community that in the crypto donation process, they should beware of scammers.
Getting some confirmations from a couple sources that it's legit. Deleting my warning for now. But continue to be vigilant, and always be slow and careful when sending irreversible crypto transactions. https://t.co/Odv5pxf3mp
— vitalik.eth (@VitalikButerin) February 26, 2022
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