Bitcoin donations to Ukrainian activist groups rose tenfold to more than $570,000 in 2021, according to crypto analytics company elliptic. By baidakova
by the blockchain analytics company Elliptic, cryptocurrency donations to Ukrainian civil activists and volunteers jumped to more than $570,000 in 2021, a 900% increase compared with the previous year.
The groups rely on both fiat and crypto donations; however, bitcoin donations in particular have increased significantly over the past year, Elliptic said, because using the crypto allows international donors to bypass financial institutions that have blocked payments to these groups. For example, theof Come Back Alive, a non-governmental organization raising funds to help the Ukrainian army, raised over 3.8 BTC since August 2021, with a few donations as large as 1 or 2 BTC.
Another project, Mirotvorets, a website publishing the names and personal data of Russians considered by the project's team to be"enemies of Ukraine," has received over 6.9 BTC since 2020 at its
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