Vitalik Buterin, Co-Founder Of Ethereum, Donates $5 Million in ETH To Aid Ukraine

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Vitalik Buterin, Co-Founder Of Ethereum, Donates $5 Million in ETH To Aid Ukraine

Following almost two months since the Russian invasion of Ukraine, the use of cryptocurrencies has been shown to be a good way to aid both the military and civilians who struggle. Many people have donated money using cryptocurrencies in an effort to help Ukraine survive the invasion.


One of the largest amounts was donated by Vitalik Buterin, the co-founder of the cryptocurrency Ethereum, who gave away a total of $5 million worth in cryptocurrecy.


Buterin donated 750 Ethereum to the Unchain Fund, a charity set up by activists involved in blockchain. The funds are going to be used to provide humanitarian aid.



In addition to this, the cryptocurrency creator gave away another 750 Ethereum to Aid for Ukraine, a fund set up by the Ukrainian Ministry of Digital Transformation.



So far, it seems that Buterin has not publicly reported his donations and where only revealed by his only revealed thanks to his registered Ethereum Name Service (ENS) domain name, 'vitalik.eth', through which the transfer was made.


[Based on reporting by: Finbold]


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Thinking Humanity: Vitalik Buterin, Co-Founder Of Ethereum, Donates $5 Million in ETH To Aid Ukraine
Vitalik Buterin, Co-Founder Of Ethereum, Donates $5 Million in ETH To Aid Ukraine
Following almost two months since the Russian invasion of Ukraine, the use of cryptocurrencies has been shown to be a good way to aid both the militar
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