Millions of Bitcoins from anonymous donors to Ukraine

Cryptocurrency analysts say at least $9m (£6.7m) has been donated to Ukraine through anonymous Bitcoin donations until yesterday (February 26).
 Millions of Bitcoins from anonymous donors to Ukraine
READING NOW Millions of Bitcoins from anonymous donors to Ukraine

In the news, “Researchers at Elliptic, a blockchain analytics company, say that the Ukrainian government, NGOs and volunteer groups have raised money by promoting bitcoin wallet addresses online.

So far (As of yesterday) More than 4,000 Over donations were made, an unknown donor gifted an NGO with $3 million worth of Bitcoin, while the average donation was $95.

The official Twitter account of the Ukrainian state urged users to “stand by the Ukrainian people” and said it accepts donations in the form of Bitcoin, Ethereum and USDT cryptocurrencies.

It also published addresses for two cryptocurrency wallets, raising more than $3.3 million in donations within four hours.

Elliptic founder Tom Robinson told the BBC: “While some crowdfunding and payments companies do not allow donations to groups supporting the Ukrainian military, cryptocurrencies have emerged as a strong alternative.”

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