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TICKER EXPLAINS: How crypto is giving Ukraine the funds to stand up to Russia

Published

2 years ago

February 27, 2022

Cryptocurrency analysts say at least $US9 million has now been donated to the Ukrainian war effort through anonymous Bitcoin donations.

Researchers at a blockchain analysis company say that the Ukrainian government, NGOs and volunteer groups have raised the money by advertising their bitcoin wallet addresses online.

More than 4,000 donations have been made to date, with the average donation $95.

One unknown donor gifted Bitcoin around $3m.

https://twitter.com/Unchainfund/status/1497380711288152067?s=20&t=h1mQ3hHP7tE41HLSEEdfNQ

On Thursday alone, one NGO received over $675,000 in bitcoin, and by Friday morning, that number had ballooned to more than $3.4 million thanks to that one-off $3 million donation.

The official Twitter account of the Ukrainian state called on users to “stand with the people of Ukraine” and said it was accepting donations in the form of Bitcoin, Ethereum and USDT cryptocurrencies.

It also posted addresses for two cryptocurrency wallets and within four hours had raised more than $3.3m from donations.

Very concerned with what's happening in Ukraine right now, and doing everything I can to support them during these difficult times.

I've just donated $10,000 to The Ukrainian Red Cross to assist victims of this war. I encourage everyone reading this to also help out if they can. pic.twitter.com/JdCiiHvtaj
— Mr. Whale (@CryptoWhale) February 25, 2022

Crypto during conflict

Cryptocurrency fund raising has become a modern part of war with cases also seen in other recent conflict zones around the world.

For years, volunteer groups have played a critical role in the Russia-Ukraine conflict. These organizations have augmented the work of Ukraine’s military by offering additional resources and manpower.

News

TikTok’s fate in the United States

Published

1 day ago

May 4, 2024

ticker NEWS

TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

News

Writer’s strike fallout: theatres recycling films in lieu of fresh content?

Published

1 day ago

May 4, 2024

ticker NEWS

In an industry constantly looking towards the future, anniversary re-releases offer a welcome opportunity to celebrate the past.

In an era of nostalgia, anniversary re-releases of classic films like “Star Wars Episode 1: The Phantom Menace,” “Spider-Man 2,” and “Shrek 2” are captivating audiences anew.

From the thrill of podracing to the iconic battles between heroes and villains, these films offer a chance to relive cherished moments on the big screen.

Tobey Maguire’s Spider-Man swings back into action, Shrek and his crew return for another hilarious adventure, and the galaxy far, far away beckons once more.

As fans of all ages flock to theaters, these timeless classics remind us why great storytelling endures, bridging generations and captivating audiences with their magic.

News

The ongoing alcohol related research many ignore

Published

3 days ago

May 2, 2024

Mike Loder

New research shows the impact of alcohol on our gut microbiome.

Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.

Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.