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Russia conflict: Ukraine raises $10 million in cryptocurrency donations

About $1.86 million of the money donated to Ukraine’s government was generated through the sale of a non-fungible token, or NFT.

Mumbai / February 28, 2022 / 09:32 AM IST
Bitcoin (Representative image)

Bitcoin (Representative image)

Under siege from a military invasion by Russia, the Ukrainian government has been seeking help from across the world to resist the military action.

One of the methods through which the government sought help was cryptocurrency donations. The Ukrainian official Twitter account had posted information for two cryptocurrency wallets: one for Bitcoin and one for Ethereum and Tether donations.

According to CNBC, the cryptocurrency wallets have attracted donations worth $10.2 million, which is in addition to the millions of dollars in digital currency that have been donated to non-government organisations that are helping the Ukrainian government.

About $1.86 million of the money donated to Ukraine’s government was generated through the sale of a non-fungible token, or NFT, originally intended to raise funds for WikiLeaks founder Julian Assange, the CNBC report said, quoting Elliptic.