Binance joins the crypto community with a donation of $ 10 million to Ukraine
Binance joins the crypto community with a donation of $ 10 million to Ukraine
- The Krypto exchange Binance becomes the largest single organization that provides crypto donation to Ukraine.
- Since the Russian invasion, Ukraine has received more than $ 20 million in crypto donations, mainly in the form of BTC and ETH.
The country Ukraine, who was looking for by the war, has decided to use cryptocurrencies and digital assets to accept donations from all over the world. On Sunday, February 27th, the Krypto exchange Binance promised $ 10 million of crypto donations to overcome the humanitarian crisis.
This is the largest individual donation of a global organization to Ukraine. The official announcement states:
Binance has provided at least $ 10 million in the Binance Charity Foundation to support the humanitarian crisis in Ukraine. The donation is divided between large intergovernmental organizations and already on site, including UNICEF, UNHCR, the UN refugee agency, ISANS and PEOPLE in Need to support displaced children and families in Ukraine and their neighboring countries.
Binance also started a crypto-first crowdfunding site called Ukraine Emergency Relief Fund, which will enable people to donate crypto and refugees and children.
The entire crypto donation to Ukraine has so far exceeded $ 20 million. The Ukrainian government also asked the crypto community for support. Last Saturday, February 26th, the Ukrainian Vice Prime Minister and Minister of Digital Transformation, Mykhailo Fedorov, published three addresses with crypto donations.
they stand by the people in Ukraine
now accepts cryptocurrency donations. Ether. Bitcoin and Tether (Usdttrc20)btc - 357a3so9cbsnfbgfyacgvxxs6tmadoa1p
eth - 0x165cd37b4c6444454429e7f9358d18a45e14
usdt (trc20) - tefccmfq38czs1dtzvhsxkvdcka8y6vfcy
- Mykhailo Fedorov (@fedorovmykhailo) 26. February 2022
In addition, Fedorov has also asked all major crypto exchanges to block the addresses of all Russian users. In a tweet on Sunday he wrote: "I ask all major crypto exchanges to block addresses of Russian users. It is crucial not only to freeze the addresses linked to Russian and Belarusian politicians, but also to sabotage normal users".
Source: Crypto-news-flash.com
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