- Ukraine has received over $70M in cryptocurrency since the war began.
- Most of these donations have been in Bitcoin and Ether.
- The country is using most of these funds for army support.
Since the attacks on the country began later last month, Ukraine has received nearly $70M in cryptocurrency, reports SlowMist. Mykhailo Fedorov, Vice Prime Minister of Ukraine, mentioned in a Twitter (NYSE:TWTR) post on Friday that they had received over $50M in crypto. The country has reportedly spent most of this money on military supplies, including bulletproof vests.
The Crypto Fund of Ukraine raised $50M in crypto in a week to support #Ukraine An incredible unity before Putin’s encroachment on freedom and democracy. Aiming for $100M this week. We WILL win!