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- Ethereum Founder has made massive donations to help aid Ukraine amidst the ongoing war.
- He himself did not mention the donations, but they were revealed via his registered ENS domain; the donations amount to $5 Million.
- He donated $2.5M to Aid For Ukraine and the other half to Unchain Fund.
Cryptocurrencies are playing a major role in the donations toward Ukraine. And now, as the Russia-Ukraine war is still going on, Ethereum founder Vitalik Buterin has entered the listicle of the largest donors to Ukraine via cryptocurrencies.
His Registered ENS Domain Disclosed The Donations
Vitalik Buterin has donated Ethereum (ETH) worth $5 Million to Ukraine’s aid. He donated $2.5M to Aid For Ukraine and the other half to Unchain Fund, highlights a Tweet by AidForUkraine.
If we talk a bit precisely, Buterin has donated 750 Ethereum (ETH) to Unchain Fund, which is a charity project developed by blockchain activists in an attempt to help aid Ukraine. The Fund recently Tweeted about the Donations.
He has also donated an equal amount to Aid For Ukraine, which is an aid fund created by the Ukrainian Ministry of Digital Transformation. And this was confirmed via the official Twitter account of the aid fund.
Apparently, the Ethereum founder himself has not mentioned the donations anywhere. Rather, the instance of these donations was revealed via his registered Ethereum Name Service (ENS) domain name vitalik.eth, through which he made these massive donations.
Cryptocurrencies have evolved as a major help to Ukraine as they helped the country acquire several military supplies and other humanitarian purposes. And in the ongoing war, the invaded country continues to receive donations via the asset class. The crypto assets have unveiled its whole new different nature in the situation of a geopolitical crisis.
Finally, there were some security talks regarding this war which raised some hopes that this war might eventually meet a peaceful end. But as we can witness Russia is not in a talking mood right now.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
