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Benzinga
Benzinga
Business
Madhukumar Warrier

Cryptocurrency Founder Donates $5M To Ukraine, Following Up On Earlier Promise

Ukraine DOT Gavin Wood Polkadot

Ethereum (CRYPTO: ETH) co-founder and Polkadot (CRYPTO: DOT) founder Gavin Wood has donated $5.6 million worth of DOT to Ukraine as the country tries to bolster its reserve of cryptocurrencies amid a war with neighboring Russia.

What Happened: Wood sent 298,367 DOT to Ukraine’s DOT address, according to blockchain data. Based on DOT’s price of $18.66 at press time, the donation is worth $5.6 million.

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