Donation details are provided along with an Etherscan transaction link from BAYC’s Twitter account. This shows that 388.999 ETH has been sent to Ukraine. According to blockchain security firm SlowMist, Ukraine has received donations in crypto worth around $70 million (about Rs 540 crore) since the attack from Russia. The Ukrainian government had asked for donations in Bitcoin, Ethereum, Tether, and Polkadot in a tweet. After this, the scope of cryptocurrencies for donation has been expanded to include Dogecoin, TRON, Solana and NFT.
Gordo asleep. V posts leaks. pic.twitter.com/RUKaPQRQ64
— Bored Ape Yacht Club (@BoredApeYC) March 1, 2022
Donations given in bitcoin are accepted by the Ukrainian NGO ‘Come Back Alive’. This help goes to the Ukrainian army. According to media reports, last year this pro-military group received bitcoin donations worth $5.70 million. The group had received more than $4 million in bitcoin donations in a single day after the war began. Invading Ukraine has caused the ruble to fall in value, and Russian citizens are now converting their money to bitcoin to lessen the impact of economic sanctions on Russia. At the same time, the Ukrainian government has also limited electronic fund transactions for citizens, and Ukrainians are also now converting currency to bitcoin and other crypto tokens. Due to this, transactions in the crypto market have increased in the last few days.
<!–
–>
For the latest tech news, smartphone reviews and exclusive offers on popular mobiles, download the Gadgets 360 Android app and follow us on Google News.
Related news
,