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“Everstake, has been in the validation business for almost five years. And while our revenue model heavily relies on incentivizing people to stake their crypto, seeing that some of them don’t really understand what staking is has always been quite disheartening for me.”

“Cryptocurrency has been the best way for Ukrainians to donate since the government instituted martial law on Feb. 24, limiting their ability to send or receive funds, said Sergey Vasylchuk, chief executive of Kyiv-based crypto firm Everstake.”

“Ukraine has launched a crypto donations website. The initiative, dubbed Aid for Ukraine, is a collaboration between staking service Everstake and Ukraine.”

“As far as I can see from other cryptocurrency businesses, first, they lay off those overpaid and then those who are paid little but do even less. Middle developers are a much rarer victim of layoffs.”

“In crypto, I must say everyone should have expected a bear market to come upon us. Sooner or later, it would happen, inevitable as winter. Those who were euphoric during the bull run and weren’t preparing paid a huge price for having their heads in the clouds.”

“Aid for Ukraine, which has the backing of staking platform Everstake and Ukraine’s Kuna exchange, will route donated crypto to the National Bank of Ukraine. Ukraine’s crypto-savvy Ministry of Digital Transformation is also involved.”

“Mykhailo Fedorov teamed up with Ukrainian blockchain company Everstake to release a video seeking additional crypto donations from the world. The video titled “Invest In Peace Bro.”