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Jafrin Ahmed
Apr 8, 2022

Vitalik Buterin Donates $5M in Ethereum in Support of Ukraine

Vitalik Buterin Ukraine
The Ethereum (ETH) co-founder Vitalik Buterin has made some $5 million worth of donations in Ethereum (ETH), with half going to the Ukrainian government and the remaining to a charity that provides humanitarian aid to Ukrainian citizens.

Vitalik Buterin Donated to Two Ukrainian Charities

Vitalik Buterin, the creator and co-founder of Ethereum, donated $5 million of ETH to Ukrainian charities this week.

While he did not personally announce the donations; the transactions were instead disclosed by Aid for Ukraine, which was co-established by the Kyiv-based crypto trading platform Kuna. He also donated to Unchain Fund, a charity project run by blockchain activists for Ukraine’s humanitarian aid.

Per a tweet from the Ukrainian government-run incentive Aid For Ukraine, Buterin “donated almost USD 2.5m in ETH two days ago, and didn’t say a word.”

The incentive also wrote that Buterin “also donated USD 2.5m to Unchain Fund” a charity group founded by blockchain activists in support of Ukrainian victims of the conflict.

The Deputy Minister of Digital Transformation, who was influential in setting up the initiative, also expressed his gratitude, to tweet:

“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.”
Vitalik Buterin Donates $5M in Ethereum in Support of Ukraine
Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

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