{"id":220195,"date":"2022-02-27T14:00:24","date_gmt":"2022-02-27T14:00:24","guid":{"rendered":"https:\/\/www.bnreport.com\/?p=220195"},"modified":"2022-02-27T10:05:56","modified_gmt":"2022-02-27T10:05:56","slug":"ukrainian-army","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/ukrainian-army\/","title":{"rendered":"Ukrainian Army receives large Bitcoin donations"},"content":{"rendered":"<p><strong>London, (Business News Report)|| <\/strong>The Ukrainian Army has received a large donation of bitcoin on the crypto wallet of the Kiev-based <a href=\"https:\/\/www.google.com\/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=&amp;cad=rja&amp;uact=8&amp;ved=2ahUKEwi3jZeA0J_2AhXvSvEDHRajAOoQFnoECAgQAQ&amp;url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FCome_Back_Alive&amp;usg=AOvVaw02gKuwZM9607AjhAM75NNM\">Come Back Alive foundation<\/a>.<\/p>\n<p>According to the latest data, the donation amount is 130 bitcoins, worth about $5.1 million.<\/p>\n<p>According to the analysis of the blockchain company EllipticK, the previous amount came from more than 2,200 donors to the Ukrainian army.<\/p>\n<p>Come Back Alive was founded in 2014 and takes its name from a phrase that its founder, IT expert Vitaly Denega, put on flak jackets sent to soldiers fighting Russian and separatist forces in eastern Ukraine.<\/p>\n<p>Funds were raised to provide supplies and equipment such as drones and thermal cameras.<\/p>\n<p>The institution began accepting bitcoin in 2018, but observers say the majority of the cryptocurrency it now holds has arrived within the past few days.<\/p>\n<p>\u201cCryptocurrency is particularly suited to international fundraising because it doesn\u2019t respect national boundaries and it\u2019s censorship-resistant \u2014 there is no central authority that can block transactions, for example in response to sanctions,\u201d said Tom Robinson, Elliptic\u2019s chief scientist.<\/p>\n<p>On the other hand, Patreon, a private company where creators can post content for donations, took down the group&#8217;s donation page on Thursday after the invasion, returning hundreds of thousands of dollars to donors.<\/p>\n<p>Despite the Russian-Ukrainian war that occupies the world&#8217;s attention, the prices of cryptocurrencies rose on Saturday, ignoring the ongoing war.<\/p>\n<p>The market value of cryptocurrencies rose at the beginning of Saturday\u2019s trading by about 4.05% to reach $1.78 trillion, and the number of digital currencies reached 10,749 currencies.<\/p>\n<p>Bitcoin has lost more than 50% of its value since its record high in November.<\/p>\n<p>Bitcoin&#8217;s drop since its November high has wiped out more than $600 billion from its market capitalization, and lost more than $1 trillion from the overall crypto market.<\/p>\n<p>Meanwhile, the price of the digital currency Bitcoin BTC increased by 1.24% to reach $38892.00.<\/p>\n<p>The price of the Ethereum coin (ETH) jumped by 5.63% to $2,758.53.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London, (Business News Report)|| The Ukrainian Army has received a large donation of bitcoin on the crypto wallet of the Kiev-based Come Back Alive foundation. According to the latest data, the donation amount is 130 bitcoins, worth about $5.1 million. According to the analysis of the blockchain company EllipticK, the previous amount came from more [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":220196,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[168,278,6850],"class_list":["post-220195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bitcoin","tag-featured","tag-ukraine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ukrainian Army receives large Bitcoin donations | BNReport<\/title>\n<meta name=\"description\" content=\"BNReport| The Ukrainian Army has received a large donation of bitcoin on the crypto wallet of the Kiev-based Come Back Alive foundation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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