United States-based crypto exchange Kraken has announced an “ambitious aid package” aiming to distribute USD 10m in bitcoin (BTC) to its Ukrainian clients. Ukrainian users who created a Kraken account prior to March 9 will be eligible to receive USD 1,000 worth of bitcoin starting March 10 and running till the end of the…
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Ukraine’s deputy minister of digital transformation Alex Bornyakov has noted crypto’s efficiency, stating that blockchain clearing and settlements are conducted in near real-time, which enabled the country to deliver a “very quick” response. Bornyakov detailed that by leveraging crypto’s instant payment settlements, the country was able to purchase military-grade rations, bulletproof vests, and other…
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Ukrainian blockchain developers say they have created a web-based resource for Russians and Belarus-based individuals who want to make anonymous crypto donations to Ukraine-supporting funds. The authors of the Russian-language web pages are Gleb Naumenko, who has been “working with the Bitcoin Core protocol since 2018, and the ethereum (ETH) expert Mikerah…. Read More:…
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Crypto donations to Ukrainian causes have slowed down over the weekend, while reports revealed that roughly 40% of Ukraine’s military suppliers accept crypto payments. The Ukrainian government and non-profit organizations providing support to the military raised less than USD 2m over the weekend, according to data by the crypto security firm Slowmist. … Read More:…
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Beth Gazley, Professor of Public and Environmental Affairs, O’Neill School, Indiana University._____ When Russia invaded Ukraine, I responded like many Americans: by making charitable donations. I was able to make my gift with confidence because I’m a scholar of nonprofits who has studied giving during disasters and other crises…. Read More: How to Responsibly…
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In a robust sign of support to Ukraine amid the country’s invasion by Russia, the global crypto industry has donated in excess of USD 63.25m as of today, with donations made in bitcoin (BTC), ethereum (ETH), and a number of other cryptos. Data from blockchain ecosystem security firm SlowMist indicates the largest share of…
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Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking government official has indicated. Ukraine Accepts, Spends Millions in Crypto, Deputy Minister Reveals Since the Russian…
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As Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes various cryptocurrencies to support law enforcement agencies and acquire essential supplies. Cyberpolice Ukraine’s Latest Government Body to Solicit Crypto Donations The Cyberpolice department of the…
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The Lithuania-based crypto payments processor CoinGate has teamed up with the National Bank of Ukraine (NBU) – the country’s central bank – and the international payments firm International Business Settlement (IBS) to allow crypto users to donate money to Ukraine’s Armed Forces using more than 70 cryptoassets…. Read More: Crypto Payments Firm CoinGate Partners…
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The Ukrainian government and non-profit organizations providing support to Ukrainians and the military have cumulatively raised nearly USD 53.5m worth of crypto assets, according to SlowMist AML, a blockchain security firm that tracks crypto donations sent to the government and four Ukrainian NGOs. According to SlowMist, crypto addresses shared by Ukraine’s official Twitter account…
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