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Zhiyuan Sun
22 hours ago


VITALIK BUTERIN QUIETLY DONATES $5M ETH TO AID UKRAINE AS TOTAL TRACKED CRYPTO
DONATIONS REACH $133M

No official public announcement was made regarding the large sum donation.

2710 Total views
62 Total shares
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2:26

News
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 * 
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As told by Aid for Ukraine, a joint initiative created by the Ukrainian
government, FTX, Everstake and Kuna to rally crypto donations for the country,
Ethereum (ETH) co-founder Vitalik Buterin made $5 million worth of ETH donations
to Ukraine in early April. According to the entity, despite the large donation
sum, Buterin did not make an announcement regarding the transaction. It was
eventually linked to him via the Ethereum Name Service domain name
"vitalik.eth," which served as the origin of the transfer.



Half of the $5 million in donations went directly to Aid for Ukraine, while the
other half went to Unchain Fund, a cryptocurrency charity initiative created by
activists in the blockchain community to provide humanitarian relief for
Ukrainians. Alex Bornyakov, deputy minister of Digital Transformation of
Ukraine, publicly thanked Buterin's contribution in a tweet, writing: 

> "I couldn't be more grateful for every crypto donation to our lifesaving
> initiative, Aid for Ukraine. It really helps to strengthen our country and
> protect its democratic values. Special thanks to Vitalik Buterin for standing
> with Ukraine."

Based on data gathered by Cointelegraph, the amount of tracked crypto donations
sent to the Ukrainian government, military and charities has surpassed $133
million. Unchain Fund has raised more than $10 million alone, with most of its
contributions stemming from NEAR tokens and ETH. But overall, it appears the
pace of donations has slowed down.

From Feb. 28 to March 9 alone, total tracked crypto donations to Ukraine
skyrocketed from $37 million to $108 million. Some have pointed to a decline in
enthusiasm for such initiatives, especially after the Ukrainian government made
a U-turn on an anticipated airdrop.

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 * #Blockchain
 * #Cryptocurrencies
 * #Ukraine
 * #Donations
 * #Business
 * #Ethereum
 * #Adoption


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