The amount of donations collected in Ukraine’s Bitcoin and Ethereum Wallets Has Been Announced!

Many bad events around the world make the importance of cryptocurrencies even more understood.

After Russia’s invasion of Ukraine, the purpose of the existence of cryptocurrencies was questioned by both states and it was once again understood how cryptocurrencies offer people freedom.

Russia’s invasion of Ukraine has been going on for 1 year. In the process, both sides got closer to cryptocurrencies. While Russia saw cryptocurrencies as an alternative to escape US sanctions, Ukraine discovered that it could get help from cryptocurrencies from anywhere in the world.

Blockchain research company of Elliptic Its latest report revealed that both countries are receiving donations via cryptocurrencies. According to the report, more intensive donations were made to Ukraine.

According to the Elliptic report, $78 million in crypto and digital assets have been donated to support Ukraine so far. In return, $5 million was donated to pro-Russian organizations.

In a report published on the anniversary of the occupation in Chainalysis, it was announced that donations sent directly to wallets shared by the Ukrainian government exceeded $ 70 million.

The distribution of cryptocurrencies sent to these wallets is as follows:

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