Tracked crypto donations to Ukraine surge to $108M as Kraken, Bored Ape joins in By Cointelegraph

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On Wednesday, total crypto donations across Ukrainian government wallet addresses, charities and relief efforts tracked by Cointelegraph has reached $108 million. The top three recipients of such funds are the official (BTC) and (ETH) wallet addresses of the Ukrainian government, and a BTC donations address for Come Back Alive.

The same day, Kraken announced that it would distribute over $10 million to clients who created an account from Ukraine before Mar 9 for relief efforts. Regardless of their account balance, Ukrainian clients of Kraken will receive $1,000 in BTC each during the first tranche of fund disbursement, which ca be withdrawn immediately. The exchange also waived currency exchange fees for withdrawals of up to $1,000. Jesse Powell, Kraken’s CEO, gave the following remarks regarding the aid package: