How Ukrainian crypto projects met the war?

In connection with the war, the entire Ukrainian community became more active and rallied, including cryptocurrency companies. As of March 16, more than $100 million has already been donated to Ukrainian crypto projects. 

Cryptocurrency Fund of Ukraine from KUNA

Together with the Ministry of Digital Development and the Ministry of Defense, the KUNA exchange launched a cryptocurrency fund to support the Ukrainian army and residents of the country. As of March 21, more than $50 million has already been collected. The funds are collected on official government wallets and are used to meet the needs of the army, as well as to help residents of the hottest spots. 

$4.5 million from frozen accounts of Russians on DMarket

Ukrainian NFT startup DMarket froze and canceled all accounts of users from Russia and Belarus. Funds in the amount of $4.5 million were sent to support the Ukrainian army.

Humanitarian aid and interest-free loans for Ukrainians from CEX

The CEX cryptocurrency platform has launched interest-free loans for all residents of Ukraine, and the withdrawal of fiat funds is free of charge. The company will also donate its profits from validator fees at staking nodes KAVA, ZIL, Polkadot, and Kusama to help those affected by the war. 

Fundraising to help the Ukrainian army from WhiteBIT

The WhiteBIT exchange has created a fundraising form for the needs of the Ukrainian army, where users can donate in more than 90 cryptocurrencies. Funds are automatically converted into Ukrainian hryvnia and sent to the official fund of the Armed Forces of Ukraine.

Cyberarmy Hacken to fight Russian propaganda

Cyber ​​security company Hacken created the Cyber ​​Army to protect Ukrainian infrastructure and stop Russian propaganda: 2 programs have already been launched to detect exploits to detect vulnerabilities in Ukrainian government sites, as well as critical vulnerabilities in Russian propaganda resources. 

Why is the crypto community showing such solidarity?

A week ago, the projects from the list were competitors, but today the entire community demonstrates incredible cohesion and coherence. Now many Ukrainian crypto platforms are closing operations with the Russian ruble, actively supporting the army and thinking not about profit or loss of a customer base, but about how to help their country and its people survive. 

We urge not to be silent, to oppose the war and actively help all the victims.

How else you can support Ukraine, you can read here .

CoinShark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information  from KUNA .

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