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Vitalik Donates $5M ETH to Aid Ukraine - YFarmX | Crypto News & Education
Saturday, December 21, 2024
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Vitalik Donates $5M ETH to Aid Ukraine

As announced by Aid for Ukraine, a joint initiative created by the Ukrainian government, FTX, Everstake, and Kuna to rally crypto donations for the country, Ethereum (ETH) co-founder Vitalik Buterin made $5 million worth of ETH donations to Ukraine in early April. According to the entity, despite the large donation sum, Buterin did not make an announcement regarding the transaction. It was eventually linked to him via the Ethereum Name Service domain name “vitalik.eth”, which served as the origin of the transfer.

Crypto donations to Ukraine top one hundred million

Specifically, Buterin donated 750 Ethereum (ETH) to Unchain Fund, a charity project created by blockchain activists to support Ukraine with humanitarian aid, the fund tweeted on April 6.

He also donated the same amount to Aid For Ukraine, an aid fund set up by the Ukrainian Ministry of Digital Transformation, as confirmed on the organization’s Twitter page, also on April 6.

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