Gadgets Africa
  • News
    Microsoft introduces ads to Bing AI chatbot

    Microsoft introduces ads to Bing AI chatbot

    Executives at Meta Platforms Inc are discussing a company-wide ban on political advertising in Europe.

    Meta considers ban on political ads

    Twitter unveils prices for API access

    Twitter unveils prices for API access

    Microsoft raises Bing AI chat limit to 200 daily

    Microsoft raises Bing AI chat limit to 200 daily

    Instagram introduces bookmarking feature

    Instagram introduces bookmarking feature

    Hackers target UAE users with Spanish spyware - Google

    Hackers target UAE users with Spanish spyware – Google

    EFCC detains tech firm Kloud Commerce's founder Olumide Olusanya

    EFCC detains tech firm Kloud Commerce’s founder Olumide Olusanya

    Google to launch extreme heat alerts feature

    Google to launch extreme heat alerts feature

    Musk, experts call for pause on AI development

    Musk, experts call for pause on AI development

  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders
Gadgets Africa
No Result
View All Result

Ukraine launches website for cryptocurrency donations

by Agency Report
March 16, 2022
in Cryptocurrency
Reading Time: 1 min read
Russian invasion: Ukraine raises $13m in crypto after crowdfunding appeal

Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy

Share on FacebookShare on TwitterShare on Telegram

The Ukrainian government on Monday launched a website in partnership with crypto-firms FTX and Everstake that will funnel donations to Ukraine’s central bank as it combats a devastating invasion by Russia.

On the “Aid for Ukraine” website, users can currently offer donations in 10 cryptocurrencies, including Bitcoin, ether, tether and dogecoin.

“Cryptocurrencies play a significant role in Ukraine’s defence,” Oleksandre Borniakov, Ukraine’s deputy minister of Digital Transformation, said in a statement.

“Cryptocurrency assets have proven to be extremely valuable in facilitating the flow of funding to Ukrainian citizens and soldiers and in raising awareness and interest among the global public,” he added.

The crypto firm Everstake, one of the largest in Ukraine, will allow users be able to make donations in other cryptocurrencies than those listed on the site.

The site also plans to add the ability to donate non-fungible tokens (NFTs) in the future.

Bahamas-based exchange platform FTX, founded by US billionaire Sam Bankman-Fried, will convert the donated funds into dollars and route them to the National Bank of Ukraine.

The Ukrainian cryptocurrency exchange platform Kuna is also part of the initiative.

On the “Aid for Ukraine” site, a tracker showed that by 0230 GMT Tuesday, almost $49 million had been raised out of a goal of $200 million.

The money will be used to support the Ukrainian military as well as civilians “in dire need of humanitarian assistance,” the partnership said in the statement.

AFP

Tags: EverstakeFTXSam Bankman-Fried
ADVERTISEMENT

Related Posts

US judge rules on FTX founder's bail conditions Friday
Cryptocurrency

US judge rules on FTX founder’s bail conditions Friday

by Joy Onuorah
March 10, 2023
Crypto shares slump after Silvergate crash
Cryptocurrency

Crypto shares slump after Silvergate crash

by Joy Onuorah
March 9, 2023
Crypto shares slump after Silvergate crash
Cryptocurrency

Illicit crypto transactions hit $20b in 2022

by Joy Onuorah
January 22, 2023
FTX's Bankman-Fried faces new indictment of bribing Chinese officials
Cryptocurrency

I didn’t steal FTX funds – Bankman-Fried

by Joy Onuorah
January 12, 2023
Next Post
Nigeria ousts kenya atop Africa’s crypto adoption rank

Cryptocurrency giant Binance gets licence in Bahrain

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Hyundai Nigeria launches new Santa Fe, Elantra

Hyundai Nigeria launches new Santa Fe, Elantra

April 1, 2022
Nigeria ousts kenya atop Africa’s crypto adoption rank

Hackers steal over $600 mn in major crypto heist

March 31, 2022

Trending.

Fintech Clane gets payment license from CBN

Fintech Clane gets payment license from CBN

February 1, 2023
Nigeria ousts kenya atop Africa’s crypto adoption rank

Despite CBN ban, 33.4 million Nigerians trade crypto –Report

April 18, 2022
Why I am buying Twitter - Elon Musk

Twitter must comply with new laws, EU warns Elon Musk

April 26, 2022
Fraud: Musk faces trial over 2018 Tesla tweet

Tweeps can now appeal suspension – Twitter

January 28, 2023
MTN, Guinness, Unilever, 27 others commit to PLWDs’ employment

MTN, Guinness, Unilever, 27 others commit to PLWDs’ employment

June 12, 2022
Gadgets Africa

© 2023 Gadgets Africa.

Navigate Site

  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

Share

No Result
View All Result
  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

© 2023 Gadgets Africa.

Go to mobile version