The Crypto Market Crash Took a Toll on Ukraine’s Fundraising Efforts

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“Peace comes at a price, but the first wave of donations has subsided,” Sergey Vasylchuk, CEO of staking provider Everstake, told Tech.EU

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Jess Symington, a research lead at Elliptic, told Insider in the wake of the Russian invasion that crypto assets provide an alternative funding route for people who can’t navigate the international banking system, but do have access to bitcoin and can donate it easily.

“This is potentially a new factor in complex situations — the idea of fundraising and crowdfunding for defense efforts,” she sai