Topline
The Ukraine government and organizations supporting its fight against a Russia invasion have amassed more than $52 million in cryptocurrency donations—and already deployed at least $14 million—amid an influx of support as the country starts accepting a wider array of tokens and digital assets, including proceeds from the sale of one of the most expensive non-fungible tokens in history.
Newly received donations, which have been used for military equipment and food, include $6.5 million … [+]
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Key Facts
Wallet addresses linked to the Ukrainian government and non-governmental organizations supporting its military have received nearly 60,000 donations since Russian President Vladimir Putin ordered an invasion of Ukraine early Thursday, including an all-time high of more than 10,000 on Wednesday morning, according to blockchain analytics firm Merkle Science.
The donations include $6.5 million in proceeds from a Ukrainian flag NFT…
