Ukraine has detailed exactly how it spent over $54 million in donations from the crypto community.
In the early days of the war, Ukraine began accepting cryptocurrency donations from kind-hearted folk around the world wanting to help the country defend itself from Putin’s war of aggression.
Yesterday, Ukrainian Vice Prime minister Mykhailo Fedorov posted a breakdown of how the crypto donations were spent:
“Every helmet, bulletproof vest, and night vision device save the lives of Ukrainian soldiers. Thus, we must continue to support our defenders. Thanks so much to everyone from the crypto community for supporting Ukraine!” said Fedorov.
Unsurprisingly, Ukraine spent the most on Unmanned Aerial Vehicles (UAVs). UAVs have been pivotal in Ukraine’s defense of its homeland.
The Bayraktar UAV, made by Turkish firm Baykar, has gained a cult following in Ukraine for its efficiency against Russian armour. Ukrainians have even written quite catchy songs about the Bayraktar:
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