NFT News

$18.6 million in cryptocurrency was sent to Ukraine, with nearly $2 million coming from NFT sales.

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According to blockchain analytics firm Elliptic, the total amount of cryptocurrency donations sent to Ukraine’s government and NGOs since the start of the country’s armed conflict with Russia has approached $19 million, including $1.86 million from one NFT (non-fungible token) collection.

This figure is rapidly increasing as donations pour in for what has been dubbed the “world’s first crypto war.”

The crypto war chest includes a single donation of $1.86 million that “appears to have originated,” Elliptic wrote, from the NFT Collection “Censored” created by digital artist Pak and Wikileaks founder Julian Assange.

On Saturday, the Ukrainian government tweeted from its official account that it was “now accepting cryptocurrency donations.”

Ethereum co-founder Vitalik Buterin, who earlier this week tweeted, “Ethereum is neutral, but I am not,” and called Russia’s invasion a “crime,” was among many crypto leaders on Saturday who directed followers to UkraineDAO, which was co-founded by Pussy Riot, Trippy Labs, and PleasrDAO members.


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