News

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

Published

3 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.

Leaders

Trump promises to put Elon Musk in charge of a new government commission

Published

1 day ago

September 6, 2024

ticker NEWS

Donald Trump promises to make Elon Musk the head of a new commission to slash government waste if he wins.

Critics fear this could mean mass federal layoffs but Trump says things have to change.

The Former President has announced his plan to appoint Musk to lead a government efficiency commission if he wins the upcoming presidential election.

The commission’s goal would be to reduce fraud and improper payments across federal agencies. #featured #trending

Leaders

Experts reveal that business success starts with mastering sales

Published

1 day ago

September 6, 2024

ticker NEWS

At the heart of any thriving enterprise, the ability to sell effectively fuels growth and sustainability.

Sales are the driving force behind revenue generation, and mastering this skill is crucial to transforming any business.

To truly unlock the potential of any business, entrepreneurs must embrace the art of selling—both their products and themselves—to stand out in today’s competitive landscape.

Adam McCaughey, Founder, CEO and Sales Mastermind joins to shares his extraordinary journey and the key skills he discovered to mastering sales. #featured

Leaders

Russian President Putin allegedly sides with Harris, slashes Trump

Published

1 day ago

September 6, 2024

ticker NEWS

Russian President Vladimir Putin caused a stir by suggesting that Russia supports Vice President Kamala Harris, citing her “infectious” laughter as a reason for the endorsement.

During a speech in Vladivostok, Putin also criticised Donald Trump for imposing the harshest sanctions ever against Russia while in office.

Putin’s remarks come as the Biden administration launches new sanctions to fight Russian-backed election disinformation, aimed at boosting Trump’s candidacy. #featured #trending