A firm that tracks cryptocurrency transactions says $33.8 million in the digital currency has been donated to Ukraine’s government and non-governmental organizations there since the start of Russia’s invasion, nearly a third of it on Tuesday.
Chief Scientist Tom Robinson of Elliptic said most donations to date have been in bitcoin and ether. Some people are sending non-fungible tokens, or NFTs, to the Ukrainian government’s ethereum account.
WATCH ANYTIME FOR FREE
Stream NBC10 Boston news for free, 24/7, wherever you are. |
Ukraine issued a plea for contributions on Twitter last week. To date, it has received 30,000 donations, including $5.8 million from Gavin Wood, the British programmer who co-founded ethereum. There have been several other donations of more than $1 million.
Elliptic also warned of scammers tricking unsuspecting cryptocurrency holders wanting to donate to Ukrainian causes.
Get updates on what's happening in Boston to your inbox. Sign up for our News Headlines newsletter.
Elliptic is among firms that help law enforcement track cryptocurrency to combat money laundering.
This is a live update. Click here for complete coverage of the crisis in Ukraine.