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.
We're incredibly grateful for @VitalikButerin support and donation of 750ETH!
— unchain.fund (🇺🇦, 🇺🇦) (@Unchainfund) April 6, 2022
Besides Unchain Fund, Vitalik has also donated the same amount to @Ukraine.
1500ETH = ~$5m that will make a difference for those in need in Ukraine! 🇺🇦
Thank you, Vitalik & Ethereum fam! 🙏🏻💛💙 pic.twitter.com/RSGy4q2TY7
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.
.@VitalikButerin donated almost $2.5M in $ETH to @_AidForUkraine 2 days ago, and didn't say a word! He's also donated $2.5M to @Unchainfund.
— Aid For Ukraine 🇺🇦 (@_AidForUkraine) April 6, 2022
Thanks for your enormous help, Vitalik, and thank you for creating @ethereum! The #Ethereum community is 💙💛 pic.twitter.com/HuvDcTM40e
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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