Digital assets have become an important feature during the war between Russia and Ukraine. Ukraine’s official Twitter account has been listing cryptocurrency wallet addresses over the past few days to raise crypto funds during the Russian invasion of Ukraine. Until now, the Ukrainian government has raised around $35 million in crypto through over 35,000 donations.
The first-ever memecoin, Dogecoin and Solana joined the list of cryptocurrencies that people can donate to the Ukrainian government.
Official $DOGE wallet: DS76K9uJJzQjCFvAbpPGtFerp1qkJoeLwL
Official #SOL address: 66pJhhESDjdeBBDdkKmxYYd7q6GUggYPWjxpMKNX39KV
Dogecoin users are reacting on twitter as they get a small way to help Ukraine. Doge community people shared images of transferring funds to show their support and increase donations.
Which Cryptocurrency network is already standing with Ukraine?
Earlier, Ukraine asked help and received contributions in Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), and Tether (USDT).and they posted the official address for donations.
BTC — 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
ETH — 0x165CD37b4C644C2921454429E7F9358d18A45e14
USDT (trc20) — TEFccmfQ38cZS1DTZVhsxKVDckA8Y6VfCy
Vice Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine expressed his gratitude to crypto community who are standing with Ukraine. He expressed: “I am grateful to @gavofyork, who made an impressive donation of $5M from @Polkadot $DOT. This will certainly contribute to the Ukrainian victory as well as support civil people. We will win – the best people with us.”
Uniswap introduced a new feature to get help from other coin users. This new feature will automatically exchange any of their listed tokens to ETH for us.
Mykhailo Fedorov to Uniswap: “The people of Ukraine are grateful to Uniswap for their new “donate to Ukraine” feature which automatically exchanges any of their listed tokens to ETH for us. Could Uniswap put it on your home page to help direct more of the crypto community to assist?
How Ukraine Spends Crypto Donations?
“The reason of this fund is for the army. It`s operated quite a whole lot through the army with the assist of the Ministry of Transformation. There, the cash is spent on unique items which are being imported. They move at once to the military or unique forces. What precisely are they buying? I can`t let you know for apparent reasons. I`m now no longer certain whether or not the authorities will simply reveal what we sold due to the fact it`s manifestly a secret”, Michael Chobanian (Founder of KUNA Exchange) said.
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