Cryptocurrency donations sent to Ukraine following the Russian invasion have now exceeded 20 million dollars, according to public blockchain data.
A non-governmental organization also received a bitcoin donation worth 3 million dollars.
Earlier this week, the official Twitter profile of the Ukrainian government announced that the government accepts cryptocurrency donations in a tweet that shared bitcoin and ethereum addresses.
According to blockchain records, those two addresses received approximately 4.6 and 5.6 million dollars, respectively.
The remainder refers to 3 million dollars sent to an address via the Tron blockchain and the Ukrainian NGO Come Back Alive, which has raised 7.2 million dollars.
Crypto donations to Ukraine are coming from all directions, including a newly established decentralized autonomous organization or DAO.
UkraineDAO, a DAO established to raise funds for Ukraine, was announced earlier this week by Nadya Tolokonnikova, also known as the founder of "conceptual protest art group" Pussy Riot.
– Our goal is to raise funds to donate to Ukrainian civil organizations that help those suffering from the war that Putin started in Ukraine – tweeted Tolokonnikova.
Additional sources of donated revenue include a fundraising campaign called „Support Ukrainian Sovereignty“, which claims to have raised over 280,000 dollars to date. The group has received funding from a separate project called Help Ukraine (HUKR).
Despite legitimate fundraising platforms being used to send funds to Ukraine, caution should also be exercised against scammers who seem to be exploiting the current situation.
