Why Bitcoin grants for the Ukrainian military are increasing

Own report: Many have started financing the Ukrainian army in cryptocurrency to support Ukraine after Russia invaded Ukraine. In the last 24 hours, Bitcoin worth 400,000 has been donated to just one group.

 

Come Back Alive, a Ukrainian NGO. This NGO raises crypto funds for the Ukrainian army. Received more than 400,000 digital tokens in the last one day. Blockchain and crypto analytics firm Elliptic reported the information.

The average amount of financial aid is about 1,000 to 2,000. And the group has received at least 316 personal donations in the last two days.

 

Pro-Ukrainian groups and pro-crypto groups have also contributed to social media platforms such as Twitter and Facebook.

The increase in grants to cryptocurrencies indicates that digital resources have "emerged as an important alternative funding method, allowing international donors to bypass financial institutions because funding is hindering access to these groups," Elliptic said.

 

Elliptic has identified a number of cryptocurrency wallets used by these voluntary groups and NGOs, which together have raised over 60 560,000. Most of it has come in the last one year.

The Ukrainian Cyber ​​Alliance received about 100,000 bitcoin grants last year.

 

Ukraine's Defense Ministry has also set up a bank account to receive grants for its troops in legal tenders.

 

Cryptocurrency prices have plummeted in the past two weeks amid fears of a Russian invasion of Ukraine, and the market has lost 150 billion since Putin ordered a military operation against Ukraine.

 

 

 

Own report: Former heavyweight boxing champion Vitaly Klitschko says she will take up arms for Ukraine with her brother and Hall of Fame colleague Vladimir Klitschko. A "bloody war" has erupted since Russia invaded their country, Ukraine, and they have moved on.

Russia launched an air, ground and sea attack on Thursday after President Vladimir Putin declared war. An estimated 100,000 people have fled major cities to escape explosions and gun battles. Many deaths have been reported.

Vitaly Klitsko has been the mayor of Kiev, the capital of Ukraine, since 2014. He said he was ready to fight. "I have no choice but to do it. I will fight," he said. The 50-year-old star was known as 'Doctor Iron fist' in the days of boxing.

Vitaly Klitschko said Kiev was under threat. In this situation, his main priority was to maintain the basic infrastructure, including the supply of electricity, gas and water to civilians, and to work with the police and the military. He added that ordinary people are ready to defend Kiev as soldiers.

"I believe in Ukraine, I believe in my country and I believe in my people," said Vitaly Klitschko.

 

 

Own report: US Secretary of State Anthony Blinken spoke by telephone with Indian Foreign Minister S Jayashankar. In those talks, he stressed the importance of a strong joint response to condemn Russia's aggression in Ukraine. An official spokesman said.

Blinken and Jayashankar discuss Russia's premeditated, unprovoked and unjust invasion of Ukraine. State Department spokesman Ned Price said in a readout of the call on Thursday.

"Blinken condemned the Russian attack and stressed the importance of a strong joint response to the immediate withdrawal and call for a ceasefire," Price said.

The talks followed a press conference by President Joe Biden at the White House. Here he says his administration is going to consult with India on the Ukraine crisis.

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