Live Chat

Crypto News

Cryptocurrency News 10 months ago
ENTRESRUARPTDEFRZHHIIT

Supporting Ukrainian Children Affected by the Russian Invasion: Crypto Donations Provide Essential Aid

Algoine News
Summary:
Ukrainian children affected by the Russian invasion receive support through crypto donations to Children of Heroes, a nonprofit organization. The funds aid in providing essential supplies and services to children who have lost their parents or been displaced by the conflict. With over $70 million collected, the program aims to assist 50 children per day, helping a total of 6,000 children so far. Donations can be made in both crypto and fiat currency to support the children's recovery and future.
Since the Russian invasion began, numerous Ukrainian children have been left without parents, while tens of thousands more have been forced to abandon their homes, schools, and belongings. In response, the Ukrainian government has rapidly accumulated over $70 million in crypto donations, recognizing the importance of digital contributions during wartime. These funds have been used to purchase vital supplies such as helmets, bulletproof vests, and night vision goggles. The United Nations International Computing Centre has praised the use of crypto as a fast and effective means of supporting war zones. However, the full-scale invasion has affected direct channels of assistance for families and children. To address this, the nonprofit organization Children of Heroes, in collaboration with Cointelegraph, now allows the crypto community to donate Bitcoin (BTC), Ether (ETH), Tether (USDT), and other cryptocurrencies to aid the children of Ukraine. Tragically, it is estimated that 7.5 million children in Ukraine are at risk of displacement or harm, with many more feared missing. The conflict has resulted in the loss of over 70,000 lives and the injury of at least 100,000 individuals, including 1,500 children. Additionally, over 11 million people have been displaced from their homes. Russian officials claim that 700,000 children have been relocated to Russia from Ukraine since the war's start. As a result, the International Criminal Court has issued an arrest warrant for Russian President Vladimir Putin, charging him with war crimes related to the deportation and transfer of Ukrainian children. Over the last 545 days of the invasion and occupation, children across Ukraine have been subjected to fear and uncertainty. As Russia's attacks continue and Ukrainian troops strive to restore the nation's borders, the toll on the younger generation is expected to rise. Children of Heroes aims to assist 50 children per day through both fiat and crypto donations. So far, the charity has supported around 6,000 children and provided $4.8 million in aid to families. Their July 2023 report details how the funds are allocated, including the ability to onboard double the number of children per day due to increased donations. By bringing in more crypto donations, Children of Heroes will be able to provide essential items and services such as clothing, food, computers, legal support, and more, which would otherwise be inaccessible during these challenging times. Several heartbreaking stories illustrate the impact of the war on children. Katrusia, a 4-year-old girl, lost her father on the first day of the invasion and requires further financial assistance and support. A family of five suffered devastating losses and is in desperate need of housing after a tragic encounter with a landmine. Two-year-old Alisa, whose father sacrificed his life during the conflict, needs medical and educational support. Another family, including Kiril and his mother, was forced to flee their destroyed home and dream of an end to the war. Both Children of Heroes and Cointelegraph believe that through the support of the crypto community, these children can overcome the challenges caused by the Russian invasion. Donations can be made in either crypto or fiat currency to contribute to a brighter future for Ukrainian children.

Published At

8/24/2023 1:10:30 PM

Disclaimer: Algoine does not endorse any content or product on this page. Readers should conduct their own research before taking any actions related to the asset, company, or any information in this article and assume full responsibility for their decisions. This article should not be considered as investment advice. Our news is prepared with AI support.

Do you suspect this content may be misleading, incomplete, or inappropriate in any way, requiring modification or removal? We appreciate your report.

Report

Fill up form below please

๐Ÿš€ Algoine is in Public Beta! ๐ŸŒ We're working hard to perfect the platform, but please note that unforeseen glitches may arise during the testing stages. Your understanding and patience are appreciated. Explore at your own risk, and thank you for being part of our journey to redefine the Algo-Trading! ๐Ÿ’ก #AlgoineBetaLaunch