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Bitcoin Donations to Ukraine

Cryptocurrency analysts say at least $13.7m has so far been donated to the Ukrainian war effort through anonymous Bitcoin donations. More than 4,000 donations have been made so far, with one unknown donor gifting Bitcoin worth $3m to an NGO. Cryptocurrency fund raising is becoming an increasingly prominent part of modern conflicts around the world. Scammers appear to be also be taking advantage of the current situation in Ukraine, though, by tricking unsuspecting users. Will Russia use cryptocurrencies to fight the sanctions ?

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