Crypto donations to Ukraine top $100m

Ukraine puts $54m in crypto towards military materials

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The Ukrainian federal government has actually invested $54m of contributed cryptocurrency on war materials.

The funds have actually provided the Ukrainian army with military devices, clothes, medication and transport.

Out of the $54m, the nation has actually invested the most on unmanned aerial lorries (UAVs) to the worth of $11.8 m.

Vice prime minister of Ukraine and minister of digital improvement Mykhailo Fedorov required to Twitter to thank the crypto neighborhood “for assistance given that the start of the major intrusion”.

Aside from the UAVs, $9m was invested in armoured vests alone and $5.7 m on hardware and software application.

In the middle of the intrusion of Ukraine by Russian soldiers, nations worldwide contributed cryptocurrencies to assist supply assistance throughout the war.

In March, Ukraine’s president Volodymyr Zelensky legislated cryptocurrencies in the nation and signed a virtual properties costs after millions in crypto contributions were sent out for military and humanitarian help in assistance of the Russian intrusion.

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