Government of Ukraine Sells Donated CryptoPunks NFT for $100,000

The government of Ukraine’s Aid for Ukraine crypto fundraising campaign has sold a donated CryptoPunks NFT for over $100,000 to support its war efforts against Russia. Ukraine Sells Donated CryptoPunks NFT For 90 ETH The Deputy Minister of Digital Transformation of Ukraine, Alex Bornyakov, announced today that it sold a donated CryptoPunks NFT for ETH which was more than $100,000 at the time of sale. Breaking news on crypto donations: #CryptoPunk #5364 has been sold for 90 ETH. It's over $100K. Few months ago this NFT was donated for @_AidForUkraine fund. Crypto community continues to support Ukraine. — Alex Bornyakov (@abornyakov) June 20, 2022 In March, CryptoPunks #5364 was donated to the Ukrainian crypto fund and was valued at $2,60,000 back then, before the price of ETH began to drop significantly. Ukraine began accepting crypto and NFT donations in late February, shortly after Russian troops invaded the country. Since then, the nation has reportedly raised over $135 million in crypto through cryptocurrency donations including $6.75 million in a single sale of a Ukrainian flag NFT. A few weeks ago, the Ukrainian rap group Kalush Orchestra, this year’s Eurovision champions, auctioned off their trophy from the music competition to raise almost $1 million in ETH for the fund. Ukraine’s Crypto Fund Ukraine’s crypto fund helps purchase non-lethal supplies for Ukraine’s military, ranging from bulletproof vests to medical suppli...