x

Cryptocurrencies Worth N2 billion Donated to Ukraine Globally

With the Russian invasion intensifying, the world has united to defend the embattled Ukraine in an unprecedented manner. Financial assistance from around the world has increased in the past 72 hours for the Ukrainian government.
Billions donated in crypto already
The government has received N2 billion worth of crypto so far in response to its plea for donations.
Tweets from the Ukrainian government show that bitcoin and Ether wallets have already gotten a total of N2 billion in cryptos. Ethereum wallets received almost N1.2 billion in donations on Saturday, February 26, 2022.
The bitcoin wallets have already received N415 million.
In a social media post through Ukraine’s official Twitter handle, Vice Prime Minister, Mykailo Fedorov offered addresses for donating bitcoin, Ether and stablecoin and USDT.
There have been massive amounts of losses to civilians for reports that they have lost their bank accounts and credit cards due to the war.
As of February 26, 2022, over 150 people have fled Ukraine to neighbouring countries, the United Nations says.
As confusion persists over the purpose of crypto, Ethereum co-founder Vitalik Buterin is creating a decentralised autonomous organization focused exclusively on Ukraine.
A member of the activist group, Nadya Tolokonnikova led UkraineDAO to issue 1/1 NFTs of the Ukrainian flag in order to raise funds for Ukrainian NGOs.
Prominent crypto entrepreneurs stepped in to assist Ukrainians as soon as the Russia-Ukraine war broke out. FTX CEO, Sam Bankman-Fried was one of the first traders from Ukraine to receive monetary assistance from FTX.

Hot this week

A’Ibom Assembly passes landmark Mental Health Bill

A'Ibom Assembly passes landmark Mental Health BillBy Ogenyi Ogenyi,UyoAkwa...

LASUTH Cites Destroyed DNA Samples in Pelumi Onifade Inquest as Lawyers Raise Concerns

The Lagos State University Teaching Hospital (LASUTH) has told...

Senator Lalong Calls for Reflection, Unity and Responsible Citizenship at Easter

The Senator representing Plateau South Senatorial District, Simon Bako...

Miaphen Declares Bid for Qua’anpan/Shendam/Mikang House of Representatives Seat

A youth leader and activist, Prince Miaphen, has announced...

Awakan Convenes Stakeholders to Drive Growth of Nigeria’s Tourism Sector

… Targets “Tourism City”By Joyce Remi-BabayejuThe Director-General of the...

ADC Crisis Deepens as Gombe-Led Faction Protests at INEC Headquarters

The leadership crisis within the African Democratic Congress (ADC)...

IMF Plans Up to $50bn Support for Economies Hit by Middle East Conflict

The International Monetary Fund (IMF) says it may provide...

UNIJOS Confirms Death of Two Students in Jos Violence

The Vice-Chancellor of the University of Jos, Tanko Ishaya,...

EFCC Arrests Alleged Fake Football Agent Over N11m Fraud

By Francis WilfredThe Economic and Financial Crimes Commission...

KEDCO Commissions 11kV Feeder to Boost Industrial Power Supply in Kano

The Kano Electricity Distribution Company (KEDCO) has commissioned an...

Delta Government Highlights Infrastructure Push as Driver of Growth and Stability

The Delta State Government says its ongoing infrastructure development...

Delta Partners Energy Firms to Improve Power Supply, Targets Expanded Electricity Access

Delta State Governor Sheriff Oborevwori has reaffirmed plans to...

Related Articles

Popular Categories

spot_imgspot_img