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Update: $9.9 million worth of cryptocurrency sent to Ukraine, of which nearly $2 million is from NFT sales

 

After we previously reported that Bitcoin donations to Ukraine rose to more than 4 million dollars.


The number of cryptocurrency donations sent to the Ukrainian government and NGOs since the start of its armed conflict with Russia has increased to $10 million, including $1.86 million from NFT sales, according to blockchain analytics firm Elliptic.


Cryptocurrency donations are soaring rapidly that many followers have called the current war:


The world's first crypto war.


As for donations, it included one donation of $1.86 million.


As Elliptic noted, roughly $2 million came from NFT sales created by digital artist Buck and WikiLeaks founder Julian Assange.


The Ukrainian government also tweeted from its official account on Saturday that it is now accepting cryptocurrency donations.


Vitalik Buterin, one of the founders of Ethereum, tweeted earlier this week, saying:

Ethereum is a neutral network, but I'm not.

 He described the invasion of Russia as a crime, and he was among the many crypto leaders who directed their followers to the “UkraineDAO” he co-founded with:


Pussy Riot, Trippi Labs, and PleasrDAO members.

Buterin wrote:

This is an opportunity to support the Ukrainians here!

Proceeds go to civilian efforts to help Ukrainians suffering from war.

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