Ukraine Crypto Donations Reach $100 Million

The Ukraine crypto donations reach $100 million a month after Russia attacked Ukraine and people across the world started donating to Ukraine as we read in our previous crypto news.

The Ukraine crypto donations so far reached $100 million and as the war unfolds, the international crypto community raised millions in donations to support the people in the country. The number of funds raised for the nation reached $100 million. Jordan Major noted:

“Ukraine continues to receive a substantial influx of cryptocurrency contributions, with the value now reaching over $100 million, as more well-wishers show solidarity in the face of the escalating Russian invasion.”

The total value of the cryptocurrency donations to Ukraine is updated regularly at SlowMist and it is a Chinese threat intelligence company whcih keeps an online library of malicious addresses and other databases for other tabs holding like the effort to support Ukraine amid the current struggles. The Slowmist Database of charitable donations to the Ukrainian effort to sue the peace during the talks with Russian officials in Istanbul shows $104 million worth of crypto raised for the cause.

Some of the moeny is going to defensive equipment as per a Ukrainian official as well as airdrops to artists and creators that document the Russia-Ukraine war. That made the war not the first invasion of a sovereign nation by another country in Europe since the second world war and is the first documented in near real-time and fast-evolving NFT museum.

This only shows the power of crypto as a relevant disruptor or how the sovereign nations make war, turning to the battlefield of online media and information warfare, and deter violent aggression as well as sue for peace. In what was a defensive war against the aggression of the Russian Federation, the Ukrainian forces started to fight back. Russia’s military invaded Ukraine in late February with almost no resistance on the ground at first.

The Ukrainian military took the fight to Russia’s forces who were evacuating the citizens and placing the two villages under a state of emergency as the Ukrainian artillery started shelling parts of the country. Russia also announced this week that it will draw military forces in Chernihiv and Kyiv with the negotiators describing the peace talks as productive while they haven’t produced any immediate truce or treaty between the countries. The war in Ukraine enhanced the adoption of crypto and web3 applications built on blockchain and other crypto platforms. Larry Fink who is the BlackRock CEO thinks that crypto will soon get a bullish boost because of what is happening right now.