The Crypto Community Donated Millions of Dollars To Help Ukraine
Since the beginning of the Russian-Ukrainian war, the crypto community has been able to collect and donate millions of dollars to various charitable organizations to help the Ukrainian population and army.
Journalist Colin Wu reported that the cryptocurrency community has donated over $13 million in various cryptocurrencies to the government of Ukraine and a number of non-profit charitable organizations.
Mining pool Slush Pool donated 10 BTC to the “Turn Back Alive” fund, and also sent 2.5 Ph / s of its own hashrate to support Ukraine. In addition, the Pool Team has created a charity account that miners can connect to.
The world-renowned exchange Binance will allocate $10 million to resolve the humanitarian crisis in Ukraine. In addition, Binance Charity has launched a fundraiser that will go to help Ukrainian refugees and children. The company will transfer the money raised to large intergovernmental organizations and Ukrainian non-profit organizations to provide emergency assistance to the victims and solve logistical problems that make it difficult to deliver food, fuel and essential goods.
The QMALL exchange published a post with addresses of cryptocurrency wallets, calling for help to raise money to help the Ukrainian army.
And the CEX.IO exchange said that all the money received from validator fees from decentralized staking nodes will be donated to provide the necessary assistance to the people of Ukraine.
Earlier, in connection with the war in Ukraine, several cryptocurrency exchanges decided to impose their own sanctions against Russia and blocked access to cryptocurrencies for Russian and Belarusian users.
The BTC-Alpha team together with trusted volunteer communities created a charity fund ‘‘Alpha for Ukraine’. You can make a donation to help everyone in Ukraine who needs medicines, humanitarian aid and to support the defence of the country.