Amid Russian Invasion, Ukraine Has Started Accepting Dogecoin Donations
Ukraine has increased the number of cryptocurrencies it is accepting for military donations amid the ongoing conflict with Russia. People can contribute Dogecoin as a donation, according to Mykhailo Fedorov, Ukraine's vice prime minister. Dogecoin is a cryptocurrency that began as a joke and has gained traction gradually, It is often referred to as a “memecoin”. In his tweet, Mr Fedorov stated that Dogecoin had exceeded the Russian Ruble in value, and went on to add that “now, even meme can support our army and save lives from Russian invaders”.
@dogecoin exceeded Russian ruble in value. We start to accept donations in meme coin. Now even meme can support our army and save lives from Russian invaders. $DOGE owners of the world, @elonmusk, @BillyM2k, let's do it. Official $DOGE wallet: DS76K9uJJzQjCFvAbpPGtFerp1qkJoeLwL
March 2, 2022Many cryptocurrency holders are extending a helping hand towards Ukraine. This is a step to empower them to fight against the invasion and help the citizens in this difficult time. Crypto donations are pouring in from every possible corner of the world. These donations will be used by the Ukrainian government in need.
Till now, Ukraine was only accepting cryptocurrencies such as Bitcoin, Ethereum, Tether, Solana and Polkadot. Anticipating the attacks to become more ferocious, Ukraine has now increased the number of cryptocurrencies it accepts for donations.
Uniswap, a cryptocurrency exchange, has also developed a feature that would enable users to convert any Ethereum-based digital currency into ether and send it to the Ukrainian government.
1/ To ensure that everyone who wants to donate ERC-20 tokens to the Ukrainian government ???????? can do so, we built an interface that swaps any token for ETH and then sends it directly to the Ukrainian government in a single transaction.https://t.co/3zuJLpmWNQ https://t.co/Fg3HSdbNSF
March 1, 2022The Ukrainian government had even announced an airdrop for March 3 but cancelled it about 29 hours after the initial announcement was made. Mr Fedorov tweeted, “After careful consideration, we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the aggression. Instead, we will announce NFTs to support Ukrainian Armed Forces soon.”
After careful consideration we decided to cancel airdrop. Every day there are more and more people willing to help Ukraine to fight back the aggression. Instead, we will announce NFTs to support Ukrainian Armed Forces soon. We DO NOT HAVE any plans to issue any fungible tokens
March 3, 2022Non-fungible tokens, or NFTs, are one-of-a-kind assets that are verified and monitored using blockchain technology, such as a piece of digital art. The Ukrainian government has also received hundreds of NFTs, including a valued CryptoPunk, in addition to cryptocurrency donations.
Ukraine has already spent $15 million in cryptocurrency donations on military gear, including protective vests, according to a Bloomberg report. The report also stated that most of the donations were made in Bitcoin and Ether.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
