Russian Independent News Company Raised More Than US$250,000 in Cryptocurrency Donations

A Russian independent news organization has received more than $250,000 in cryptocurrency donations from supporters to continue reporting independent news in the face of Russian government propaganda and censorship. Since March, Meduza, a Latvian-based Russian-language news site that claims to cover “actual Russia today,” has started accepting donations in the form of USD, euros, and cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Binance (BNB), Tether (USDT), Monero (XMR), and zcash (ZEC). The news organization has received about US$250,000 in bitcoin donations from 146,000 individual transactions since announcing its donation appeal. 3.75 BTC ($116,954) and 49.9 ETH ($117,767) accounted for almost 93 per cent of the entire gift amount. Folks, Meduza has redesigned its crowdfunding after being disconnected from our supporters in Russia. We now turn to you—our global audience—to replace those 30k donators. Help us keep Russians & the world informed about the monstrous war against Ukraine. https://t.co/y83ieV9LuT — Meduza in English (@meduza_en) March 14, 2022 Meduza’s financial woes began in April 2021, when the Russian Ministry of Justice branded Meduza and several other independent media outlets as “foreign agents,” forcing the company to publish a large-font warning in each of its Russian-language articles to warn readers. Inquire about his status as a “foreign agent.” The same caution should be included in all com...