According to its Twitter page, cryptocurrency exchange Binance has decided to allocate $ 10 million to help Ukrainian refugees.
The company said a full-scale Russian invasion of Ukraine could be a humanitarian catastrophe. According to the UN, 120,000 people have fled their homes and fled abroad in the first two days alone.
"In response to this crisis, we are donating $ 10 million to large local intergovernmental and non-governmental organizations in Ukraine to provide emergency assistance to refugees and children," Binance said. We are talking about food, fuel and necessities for refugees in countries bordering Ukraine, and so on.
Binance has also launched a cryptocurrency crowdfunding campaign, which has raised almost $ 6 million as of the afternoon of February 27.