Vitalik Buterin Donates $5 Million in ETH to Ukraine

Vitalik Buterin Donates $5 Million to Ukraine

Ethereum founder Vitalik Buterin made a silent and substantial donation to Ukraine a few days ago. He donated a total of 1500 ETH to two different organizations which converts to around $5 million. 

He donated 750 ETH to Ukraine ‘Unchain Foundation’, which converted to about $2.5 million. The Unchain Foundation provides humanitarian assistance to Ukraine.

He donated another 750 ETH to Aid for Ukraine, which is a government-run incentive set up by the Ukrainian Ministry of Digital Transformation.

The Deputy Minister of Digital Transformation commented,” I couldn’t be more grateful for every crypto donation to our lifesaving initiative. It really helps to strength our country and protect democratic values. Special thanks to Vitalik Buterin for standing with Ukraine.”

The war in Ukraine is currently in its seventh week, with no end in sight. The war has resulted in a massive loss of life and money as well as large-scale migration. 

Amid this chaos, cryptocurrency has come to the aid of Ukraine proving its functionality and convenience. Ukraine has received humongous crypto donations bypassing the hassles of a third-party interference. 

Even OnlyFans has donated $1.3 million worth of ETH to UkraineDAO, while the BAYC community has also donated $1 million worth of ETH to Ukraine.

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