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  • February 28, 2022

Nearly $10 million in cryptocurrency has been donated to Ukraine.

The crypto community has warmly embraced the Ukrainian government's request for donations to resist the Russian invasion and provide relief to those harmed, with roughly $10 million raised in ether and bitcoin.

  • The effort's Ethereum wallet has collected $5.2 million, according to on-chain data.
  • Tether is worth $1.1 million, and USDC is at $109,000.
  • FTX founder Sam Bankman-Fried donated $250,000 in Tether, and Chain.com CEO Deepak Thapliyal donated 100 ether (roughly $277,000) according to on-chain statistics.
  • Ukraine is now holding the cryptocurrency in an ERC20 wallet and has not made a withdrawal, according to data.
  • The Bitcoin wallet in Ukraine has received $4.2 million. The government has already taken $2.9 million out of the fund.
  • Pussy Riot, a Russian art collective, assisted in the formation of a DAO that raised $3 million in ether for the war effort and humanitarian relief over the weekend.
  • A separate wallet for donations to the Ukrainian army, run by the charity organization Come Back Alive, has raised $6 million since its inception in mid-2021.