Cryptocurrency News

Vitalik Buterin quietly donates $5M ETH to aid Ukraine as total tracked crypto donations reach $133M

2022.04.07 22:16

Vitalik Buterin quietly donates $5M ETH to aid Ukraine as total tracked crypto donations reach $133M
Vitalik Buterin quietly donates $5M ETH to aid Ukraine as total tracked crypto donations reach $133M

As told 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.

Half of the $5 million in donations went directly to Aid for Ukraine, while the other half went to Unchain Fund, a cryptocurrency charity initiative created by activists in the blockchain community to provide humanitarian relief for Ukrainians. Alex Bornyakov, deputy minister of Digital Transformation of Ukraine, publicly thanked Buterin’s contribution in a tweet, writing:

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