{"id":9928,"date":"2022-04-08T16:54:13","date_gmt":"2022-04-08T16:54:13","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/vitalik-buterin-makes-low-key-usd-5m-eth-donations-in-support-of-ukraine\/"},"modified":"2022-04-08T16:54:15","modified_gmt":"2022-04-08T16:54:15","slug":"vitalik-buterin-makes-low-key-usd-5m-eth-donations-in-support-of-ukraine","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/vitalik-buterin-makes-low-key-usd-5m-eth-donations-in-support-of-ukraine\/","title":{"rendered":"Vitalik Buterin Makes Low-key USD 5M ETH Donations in Support of Ukraine"},"content":{"rendered":"
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Vitalik Buterin. Source: a video screenshot, Bankless \/ YouTube<\/figcaption><\/figure>\n

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The\u00a0Ethereum (ETH)\u00a0co-founder\u00a0Vitalik Buterin has made some USD 5 million worth of crypto donations \u2013 in ETH \u2013 with half going to the Ukrainian government and the remainder going to a charity that is providing humanitarian aid to Ukrainian citizens.<\/p>\n

Per a tweet<\/a> from the Ukrainian government-run incentive Aid For Ukraine<\/strong>, which was co-established by the Kyiv-based crypto trading platform Kuna<\/strong>, Buterin \u201cdonated almost USD 2.5m in ETH two days ago, and didn\u2019t say a word.\u201d<\/p>\n

The Deputy Minister of Digital Transformation, a key figure in setting up the initiative, also expressed his gratitude, writing<\/a>:<\/p>\n

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\u201cI couldn\u2019t 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.\u201d<\/p>\n<\/blockquote>\n

The incentive wrote that Buterin \u201calso donated USD 2.5m to Unchain Fund<\/strong>\u201d \u2013 a charity group founded by blockchain activists in support of Ukrainian victims of the conflict.<\/p>\n

It also praised the Ethereum community and wrote:<\/p>\n

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\u201cThanks for your enormous help, Vitalik, and thank you for creating ethereum.\u201d<\/p>\n<\/blockquote>\n

In the past, Buterin has also put ETH into the Ukraine DAO<\/strong>, a decentralized autonomous organization that was formed by a member of the outspoken Vladimir Putin critics and pop group Pussy Riot. The decentralized autonomous organization (DAO), which has sold non-fungible tokens (NFTs), has pledged that \u201c100%\u201d of its \u201cproceeds go to support Ukrainians suffering\u201d as a result of the conflict.<\/p>\n

Buterin, a Russia-born Canadian, once met with Putin, but has come out as a fierce critic of the President\u2019s actions in Ukraine. He has previously accused Putin of committing \u201ca crime against the Ukrainian and Russian people\u201d by launching an invasion. He has also hit back at a Chinese critic on Twitter who had accused him of \u201ctreachery.\u201d<\/p>\n

Furthermore, he has hit back at individuals on Twitter who have suggested that the plight of other victims of war is currently being neglected in favor of a focus on events in Ukraine.<\/p>\n

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Meanwhile, Buterin\u2019s main ETH wallet currently contains some USD 173,000 worth of the coin, while another of his ether accounts holds some USD 36,000.<\/p>\n

Buterin has previously stated that he also holds smaller positions in \u201cnon-ethereum-ecosystem tokens\u201d such as\u00a0bitcoin cash (BCH),\u00a0bitcoin (BTC),\u00a0dogecoin (DOGE),\u00a0zcash (ZEC),\u00a0and\u00a0omisego (OMG).<\/p>\n

____<\/p>\n

<\/strong>
– Ethereum’s Buterin Reiterates Support for Ukraine, Educates Chinese on Patriotism
– Ethereum is Halfway Towards its ‘Grand Vision’ – Vitalik Buterin<\/p>\n

– Crypto Helps Ukraine Defend Itself Against Russia’s Invasion, Here\u2019s How You Can Contribute
– Ukraine Now Accepts Donations in 14 Cryptoassets\u00a0
– How to Responsibly Donate to Ukrainian Causes<\/p>\n

– As More Russians Support Massacre in Ukraine, Here’s How Some Big Crypto Companies Respond
– Ukraine Deputy Minister Praises Crypto Efficiency; Donations Spent on Military Necessities<\/p>\n<\/p><\/div>\n