Are crypto donations having an impact in Ukraine?

Still from Context video 'Are crypto donations having an impact in Ukraine?'

$110 million in cryptocurrencies, including Bitcoin, Ether, Polkadot, and Solana have been donated to Ukraine's war efforts as of the beginning of April.

Even though it’s a fraction of the total money flowing into the country, crypto donations have gotten a lot of attention — praised for their ability to cross borders quickly and without friction. But there are risks with donating crypto too.

The currency’s value is extremely volatile, and the lack of regulation has also invited thousands of scammers, and has raised fears that Russians could use it to avoid sanctions.

So how much of an impact is crypto really making in Ukraine?

Subscribe to our YouTube channel | Watch more videos like this

FEATURED


Latest

See all

KICKING IT

We’re addicted to the things that we know are bad for the planet. Why is it so hard to quit them?


Lab Made

A series about an industry challenging the way we think about food and whether it can live up to its promise of changing the world


REROOTED

See all

In this series, we explore how climate change and shifting consumer habits are forcing us to rethink the way we grow staple crops, from coffee to rice