Cryptoknowmics
2022-08-18 07:12:29

Aid For Ukraine Community Donates $54 Million in Crypto Funds

According to the Ukrainian Deputy Prime Minister, the crypto community has donated an astonishing $54 million through “Aid For Ukraine” to support the nation’s military operations against Russia. The Deputy Prime Minister of Ukraine, Mykhailo Fedorov, hailed the cryptocurrency community for their assistance in a tweet on Thursday: “Every helmet, bulletproof vest, and night vision device save the lives of Ukrainian soldiers. Thus, we must continue to support our defenders. Thanks so much to everyone from the crypto community for supporting Ukraine!” With $54 M raised by @_AidForUkraine, we've supplied our defenders with military equipment, armor clothes, medicines and even vehicles. Thanks to the crypto community for support since the start of the full-scale invasion! Donation by donation to the big victory. Report below. pic.twitter.com/lifHAP8R4f — Mykhailo Fedorov (@FedorovMykhailo) August 17, 2022 Aid For Ukraine The majority of Aid For Ukraine’s $54 million has, according to the Ukrainian Ministry of Digital Transformation, come in the form of 10,190 Ether (ETH), valued at $18.7 million, 595 Bitcoin (BTC), valued at $13.9 million, Tether (USDT), valued at $10.4 million, and USD Coin (USDC), valued at $2.2 million. Uncrewed aerial vehicles (UAVs), commonly used to identify enemy forces and plan attacks, cost $11.8 million and were purchased with cryptocurrency payments for military gear, equipment, and weapons. In addition ...

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.