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 ...

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