Crowdfunding war: Ukrainian groups receive $4 million in crypto donations

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Crowdfunding war: Ukrainian groups receive $4 million in crypto donations
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'Cryptocurrency is particularly suited to international fundraising because it doesn’t respect national boundaries and it’s censorship-resistant – there is no central authority that can block transactions'

The latest round of crypto donations comes on the back of hundreds of thousands of dollars that various Ukrainian organisations and hacktivists received in recent weeks to help counter Russian belligerence.

Activists have utilised donations for military equipment, medical supplies, and drone-based reconnaissance, as well as funding a facial recognition app designed to identify Russian mercenaries or spies.

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