Close Menu
    Facebook X (Twitter) Instagram Pinterest YouTube LinkedIn TikTok
    TopBuzzMagazine.com
    Facebook X (Twitter) Instagram Pinterest YouTube LinkedIn TikTok
    • Home
    • Movies
    • Television
    • Music
    • Fashion
    • Books
    • Science
    • Technology
    • Cover Story
    • Contact
      • About
      • Amazon Disclaimer
      • Terms and Conditions
      • Privacy Policy
      • DMCA / Copyrights Disclaimer
    TopBuzzMagazine.com
    Home»Technology»Ukraine Raises Cryptocurrency Worth $8 Million in Crowdfunding Appeal
    Technology

    Ukraine Raises Cryptocurrency Worth $8 Million in Crowdfunding Appeal

    By AdminApril 8, 2022
    Facebook Twitter Pinterest LinkedIn Tumblr Email

    Ukraine’s government has raised almost $8 million (roughly Rs. 60 crore) in cryptocurrencies after posting appeals on social media for donations of Bitcoin and other digital tokens, according to blockchain analysis company Elliptic.

    Ukraine’s official Twitter account made the appeal for cryptocurrency donations on Saturday following the country’s invasion by Russia, posting digital wallets addresses for tokens including Bitcoin and Ether.

    Ukraine’s Vice-Prime Minister Mykhailo Fedorov Tweeted the wallet addresses. “Stand with the people of Ukraine. Now accepting cryptocurrency donations,” wrote Fedorov, who is also minister of digital transformation.

    Stand with the people of Ukraine
    Now accepting cryptocurrency donations. Ethereum. Bitcoin and Tether (USDTtrc20)

    BTC — 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P

    ETH — 0x165CD37b4C644C2921454429E7F9358d18A45e14

    USDT (trc20) — TEFccmfQ38cZS1DTZVhsxKVDckA8Y6VfCy

    — Mykhailo Fedorov (@FedorovMykhailo) February 26, 2022

    The donations came as Russian military vehicles pushed into Ukraine’s second-largest city Kharkiv on Sunday and explosions rocked oil and gas installations on a fourth day of fighting in the biggest assault on a European state since World War Two.

    By 10:30 GMT (4:00pm IST) Sunday, the wallet addresses had received crypto worth $7.9 million (60 crore) across almost 11,500 donations, London-based Elliptic said. The company tracks the movement of digital coins on the blockchain, a public ledger that records crypto transactions.

    Ukraine’s ministry of digital transformation did not immediately reply to requests for comment.

    Its crypto crowdfunding appeal is unprecedented. Though some states such as El Salvador have embraced cryptocurrencies, Ukraine’s appeal for direct donations is among the first of its kind. It was not clear what Kyiv would use the funds for.

    Crypto donations to Ukrainian volunteer and hacking groups have also spiked since Russia launched its invasion on Thursday, Elliptic said this week.

    The donations to such groups, some of which have supplied equipment to government forces, grew strongly in January as Russia massed troops near Ukraine’s border ahead of its invasion.

    © Thomson Reuters 2022

    Read The Full Article Here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Donald Trump’s Truth Social Is Launching a Polymarket Competitor

    October 28, 2025

    Riyadh-based BNPL startup Tabby completes a secondary share sale of existing shareholders' stakes, valuing it at $4.5B ahead of a possible IPO (Reuters)

    October 28, 2025

    The All-Clad Pizza Oven Is $800 Off Right Now

    October 27, 2025

    Japanese fintech JPYC launches a yen-pegged stablecoin, the country's first, and its issuance platform JPYC EX, targeting $65.4B in circulation in three years (Timmy Shen/The Block)

    October 27, 2025

    Thuma Hybrid Mattress Review: Firm but Favorable

    October 26, 2025

    French online carpooling marketplace BlaBlaCar says India now accounts for ~33% of its carpool passengers and expects to reach ~150M passengers globally in 2025 (Jagmeet Singh/TechCrunch)

    October 26, 2025
    popular posts

    Persistent hiccups in a far-off galaxy draw astronomers to new

    Ancient Egyptian statue of ‘Messi’ found at Saqqara necropolis is ‘only known example of its kind from the Old Kingdom’

    Blended Family Learns Love and Acceptance

    Westerman Announces New Album, Shares New Song “CSI: Petralona”

    Paris Hilton chose Britney Spears’ wedding over DJing for President

    The Fantastic Four: First Steps + Ralph Ineson | What Does That Nature Say To You | The Green Ray (1986)

    Sylvan Esso Remix the Postal Service’s “The District Sleeps Alone Tonight”: Listen

    Categories
    • Books (3,498)
    • Cover Story (8)
    • Events (20)
    • Fashion (2,576)
    • Interviews (48)
    • Movies (2,798)
    • Music (3,084)
    • News (162)
    • Politics (6)
    • Science (4,649)
    • Technology (2,793)
    • Television (3,523)
    • Uncategorized (932)
    Archives
    Facebook X (Twitter) Instagram Pinterest YouTube Reddit TikTok
    © 2025 Top Buzz Magazine. All rights reserved. All articles, images, product names, logos, and brands are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Terms of Use and Privacy Policy.

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
    Do not sell my personal information.
    Cookie SettingsAccept
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT