Your daily dose of Austin
×
Make your inbox more Austin.
Local news and fun, every day 6am.
Texans answer Ukraine's call for crypto donations

Donations provided to Ukraine’s Ethereum wallet have gone toward the country's armed forces. (Pexels)

Three days into Russia’s invasion of Ukraine, the official Ukraine Twitter account called for crypto donations to the country and Texans responded.


As of Sunday afternoon, $59.2 million in crypto donations have been given to the Ethereum wallet Ukraine posted to Twitter. And the country is planning an expansion of donation mechanisms by issuing an NFT collection to fund armed forces.

In Austin, crypto group ATX DAO is rolling out a donation project to contribute funds to the wallet Ukraine posted.

“This is one of the worst armed occupations since WW2 and many in the crypto community have the means to give back and make a real difference,” member Mason Lynaugh told Austonia via email. “By embracing cryptocurrency, Ukraine has given ATX DAO the opportunity to save innocent lives. We want to be the tip of the spear in leading the crypto community and others to take a stand by using any means they may have to help.”

While some have doubted the validity of Ukraine’s tweet, the country was actually pushing for donations and had asked for help in more traditional monetary forms last month.

The wallet address was further backed up when the vice prime minister of Ukraine posted the same one while seeking donations. The country has also confirmed that the deputy minister of digital transformation is collecting, holding and exchanging crypto into fiat—money controlled by central and governmental banks.

Most of the donations have come in the form of Bitcoin and Ethereum. In ATX DAO’s case, they’re working on finishing the art and engineering that will allow others to donate .0512, .512, 5.12 ETH or a custom amount at mint.atxdao.com and receive an NFT in return.

Other crypto users in Texas have also stepped up.

Nathan Nichols, who is a board member of the Texas Blockchain Council and co-founder of Bitcoin miner Rhodium posted a tweet about his intentions to donate. Nichols said the co-founders would personally be matching dollars with their employees’ gift of $10,000 in Bitcoin for Ukraine.

When it comes to donations provided to Ukraine’s Ethereum wallet, Slate reports that funds have gone toward the Ukrainian Armed Forces to buy thermal imagers, drones, heat vision goggles and other military equipment.

Another donation effort known as Aid for Ukraine is operating under the goal of turning cryptocurrency into U.S. dollars accomplished through an exchange based in the states known as FTX. So far, it has raised more than $1.4 million that could go to the military, civilians or others in Ukraine

Ukraine’s need sparked a desire in ATX DAO to continue charitable donations, and they’ll be using the donation project for other causes down the line.

“We’re aware that there are many other victims of armed conflict, underserved communities and myriad humanitarian challenges both domestic and international,” Lynaugh told Austonia. “The blockchain technology we develop for this project can be used for all causes championed by ATX DAO members. This is the first of many.”

Popular

Tito's releases (not so?) ugly sweater line for the holidays, profits to charity

Tito's Handmade Vodka

Show your love for Tito's and for the community this year with a wide selection of not that ugly, uglyish, ugly, uglier, and ugliest holiday sweaters.

There's lots choose from, and plenty of accessories like scarves and socks, plus gear for your dog, too.

All of the items can be purchased online or at the Love, Tito’s Retail Store in Austin, TX. 100% of all net proceeds from online or in-store purchases go to one of the nonprofits we’ve teamed up with.

Click here to see the entire collection in the Tito's store.

Mac and Cheese Fest and Free Art Exhibit
Waterloo Greenway, Good Vibrations Installation


🗓 All weekend

🎨 Creek Show Art Exhibit

Check out this highly anticipated art exhibition with illuminated art along Waller Creek. Tickets are free and the event includes food vendors, dazzling lights, live music, and hands-on activities

All weekend 6 p.m - 10 p.m | 📍Waterloo Park

✨ Mozart's Light Show

This iconic holiday tradition lights up for the first time this holiday season starting this weekend! Reserve your spot for an enchanting light and sound performance, delicious hot cocoa, sweet treats, and some overall fun with your friends or family. The show runs till January 6th.

6 p.m and 9 p.m | 📍Mozart's Coffee Roasters - 3825 Lake Austin Blvd, Austin, TX 78703

🗓 Saturday

🥊 Kickboxing in the Park

This fitness event is free and open to the public. Get your morning started right with a "Fitness in the park" class for kickboxing! The class will be led by certified instructors and is a great way to get a cardio workout in while also honing your self-defense skills.

10 a.m - 11 a.m | 📍 Metz Park

🛍 The Front Market

Support local LBGTQ+ and female artists at this outdoor market with over 150 vendors. Get your holiday shopping out of the way at this event, with vendors for food trucks, handmade goods, raffles, hands on workshops and activities, and more.

11 a.m - 5 p.m | 📍Ani's Day and Night - 7107 E Riverside Drive, Austin, TX 78741

🗓 Sunday

🧀 Mac and Cheese Fest

Did someone say cheese?! If you're like me and always willing to get your hands on a bowl of mac and cheese, then this event is for you. Check out the Mac and Cheese festival happening this weekend to decide which vendor has. the best mac and cheese for yourself, and enjoy the bar with creative cocktails while you're at it. Tickets start at $45.

11 a.m - 3 p.m | 📍Lantana Place - 7415 Southwest Parkway