'Cryptocurrency is particularly suited to international fundraising because it doesn’t respect national boundaries and it’s censorship-resistant – there is no central authority that can block transactions'
The latest round of crypto donations comes on the back of hundreds of thousands of dollars that various Ukrainian organisations and hacktivists received in recent weeks to help counter Russian belligerence.
Activists have utilised donations for military equipment, medical supplies, and drone-based reconnaissance, as well as funding a facial recognition app designed to identify Russian mercenaries or spies.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ukrainian military group receives hundreds of thousands in BTC donationsBitcoin donations to a pro-military Ukrainian group have surged in the past day in the wake of Russia's invasion.
Read more »
Ukrainian Government Is Seeking Crypto DonationsAt publication time, the crypto wallets associated with the appeal held about $435,000 worth of crypto
Read more »
Ukrainians In Chicago Gather At Tryzub In Ukrainian Village Amid Stress, Tragedy Of War At HomeIn Chicago’s Ukrainian Village community, Ukrainians have been gathering at a local restaurant for a bit of comfort.
Read more »
Entergy Louisiana Customers To Pay $3.2 Billion For Storm Repairs While CEO Gets $4 Million RaiseEntergy Louisiana will start billing customers statewide $3.2 billion for repairs after five hurricanes in 2020 and 2021.
Read more »
Ukraine's official Twitter account posts pleas for crypto donations amid Russian invasionUkraine's official Twitter account posted several requests for cryptocurrency donations on Saturday in the form of bitcoin, ether and USDT.
Read more »
Twitter to match employee donations to Ukrainian refugee organizationsTwitter will match employee donations that support Ukrainian refugees and make its own gift, the company said Friday.
Read more »