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Feb 14

Ukrainian Defense Efforts Bolstered By Crypto Donations

The use of cryptocurrency by Ukrainians is an effort to fight back against Russian troops positioned in their country. A blockchain analytics firm Elliptic revealed that Ukrainian crowdfunding had increased 900% since 2021, with most donations coming from within Ukraine itself rather than externally like before when it was funded mainly by other countries or organizations who saw what they called “a crisis.” These groups have seen a significant rise in cryptocurrency funding thanks to Bitcoin...

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