The analyst of Cryptocurrency says minimum of $13.7m (£10.2m) is quite far donated through Bitcoin for Ukrainian war. It is the most anonymous donation of Bitcoin. The researchers say about the Ukrainian government, NGOs as well as the volunteer groups which have raised money through advertising the wallet of Bitcoin addresses through online.
Above 4,000 donations made till now, with the unknown donor who is gifting Bitcoin for almost $3m to the NGO. Also, median donation is for almost $95.
Bitcoin Donors stand with Ukraine
It was post on the official Twitter account of Ukraine government. They says that various bitcoin donors are standing with Ukraine people. Now they are also accepting donation of cryptocurrency, Bitcoin, ETH as well as USDT. It also posted addresses for mainly 2 wallets of cryptocurrency that has collected almost $5.4m in Ether, Bitcoin and some other coins in just eight hours.
The Digital Ministry of Ukrainian says that latest call for the donations is about helping the Ukraine armed forces. However it would not simply elaborate about the money which spent.
Whereas few crowdfunding with the payments companies also have refuse allowing for the donations to made for the groups that are supporting Ukrainian military. Bitcoin and cryptocurrencies have also emerged as the powerful alternative.
Donation of Cryptocurrency
The fund raising of Cryptocurrency is now becoming quite prominent part of the modern as well as conflicts all around this world. The Scammers even appear to be taking the advantage of recent condition in Ukraine, through tricking the most credulous users.
On the other hand, Elliptic also says that minimum of one social media post found to simply copy the most legitimate tweet which was post on the NGO. But, with an author that is swapping between the Bitcoin address, seemingly for their own.