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As Russia invaded Ukraine, people started donating the Ukrainian army in cryptocurrencies to support them and in the past 24 hours, more than $400,000 worth Bitcoins Bitcoin donations to Ukrainian armed forces have soared following the Russian President’s commands to invade the neighboring country. Over 14.5 BTC worth more According to Elliptic's Tom Robinson, the charity received a single $3 million donation in bitcoin on Friday, as well as close to $400,000 in bitcoin on Thursday. Donations The Ukrainian military has reportedly received Bitcoin donations amounting to $400,000 in a single day as a global response to Russia’s invasion of the country. Russia and Ukraine have experimented with using cryptocurrencies to shore up their positions financially. More than $360,000 in bitcoin has been donated to the Ukrainian Cryptocurrency donations in support of the Ukrainian armed forces are soaring – with almost $400,000 received so far today. As per Jess Symington, Head of Cryptocurrency analysts say at least $13.7m (£10.2m) has so far been donated to the Ukrainian war effort through anonymous Bitcoin donations. Researchers at As tensions rise with Russia, new data shows that Ukrainian volunteer groups are crowdfunding bitcoin to support the country’s military.

Bitcoin Donations to Ukraine Military Soar as Russia Invades

As Russia invaded Ukraine, people started donating to the Ukrainian army in cryptocurrencies to support them. The global response has been significant, with Bitcoin donations to Ukrainian armed forces experiencing a massive surge.

In the past 24 hours, more than $400,000 worth of Bitcoin was donated. The Ukrainian military has reportedly received Bitcoin donations amounting to $400,000 in a single day as a global response to Russia’s invasion of the country. Cryptocurrency donations in support of the Ukrainian armed forces are soaring – with almost $400,000 received so far today, according to Jess Symington, Head of Research at Elliptic.

According to Elliptic's Tom Robinson, one charity received a single $3 million donation in Bitcoin on Friday, as well as close to $400,000 in Bitcoin on Thursday. Bitcoin donations to the Ukrainian war effort are mounting rapidly.

Analysts say at least $13.7m (£10.2m) has so far been donated to the Ukrainian war effort through anonymous Bitcoin donations. More than $360,000 in bitcoin has been donated to the Ukrainian cause.

Researchers at [Name of Research Firm - add source if known] highlight that, as tensions rise with Russia, new data shows that Ukrainian volunteer groups are crowdfunding Bitcoin to support the country’s military. Russia and Ukraine have experimented with using cryptocurrencies to shore up their positions financially.

The increase in Bitcoin donations underscores the power of cryptocurrency to facilitate rapid and decentralized aid during times of crisis. The flow of funds provides crucial support to Ukraine as the conflict escalates.

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