I'm not very focused right now, but I think I didn't find a topic about this. Forgive me if it was already posted. Binance announced on
Twitter that they're donating $10 million to express their support with Ukraine. They are now gathering donations for the Ukraine Emergency Relief Fund
here. The usage of cryptocurrencies and crypto businesses are starting to become relevant in the ongoing Russian invasion. Fewer and fewer areas are holding their apolitical stance, even if they used to be apolitical before. I wonder who will be next. It's interesting how Buterin will react, given that he's originally from Russia.
Crypto definitely has it's place in wartime as it bypasses traditional banking systems and currencies, however, when there aren't many options to turn that crypto into real-life things (food, etc..) then it, unfortunately, falls short. This is not the case here, Binance is donating in dollars and that will go a long way, but it does urge everyone to push for more crypto acceptance and options in peacetime because those options will have to function in the event of war. Anyway, a great initiative from the Binance leadership.