Ukraine has raised $100 million in crypto donations

    Ukraine has received about $100 million worth of crypto donations, according to CoinDesk. The country also partnered with FT and Everstake to launch a new crypto donation website. FTX is converting crypto contributions to Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine. Alex Bornyakov, Ukraine’s Deputy Minister for Digital Transformation,…

    Russian artist sells her burning passport NFT amid crypto donations pouring into Ukraine

    NFT artist Olive Allen said by publicly burning her Russian passport, protesting the current government. Allen said she will use funds from the sale to donate to Save the Children, an organization aimed at helping children around the world. Olive Allen, a Russian national and artist who has lived in the USA for more than…

    Binance donates $10 million for Ukraine crisis

    Binance, a global cryptocurrency exchange, on Sunday announced a $10 million donation to help the humanitarian crisis in Ukraine. This is by far the largest amount donated by the crypto industry. Previously, Changpeng Zhao, CEO of Binance, said it included ground logistics, food, fuel, supplies, refugees, places to stay, visas, and more. Binance, the world’s…

    DeFi: Charities could be doing more with their money

    DeFi is changing the way the sector operates by using onramps and integrations across blockchains to make giving to charities easier, writes George Harrap on Cointelegraph. Most of the stories coming out of the crypto industry this past year have centered around enormous numbers flowing in and out of the space. From stablecoins topping over…