How Ukraine is using crypto donations
On Saturday, Ukraine's official Twitter account shared two cryptocurrency wallet addresses — a bitcoin wallet address and an Ethereum wallet address. “Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT,” @Ukraine wrote. But it’s hard to know for sure who owns and operates these wallets — a public address is just a long string of letters and numbers. They don’t technically belong to anyone as someone can transfer the ownership of a wallet. Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT. BTC – 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P ETH and USDT (ERC-20) – 0x165CD37b4C644C2921454429E7F9358d18A45e14 — Ukraine / Україна (@Ukraine) February 26, 2022 The first logical reaction to a tweet like that is that you should proceed with extreme caution. It is unclear if those wallets are run by a government member, a government agency, someone outside of the government who is informal...