May.14.2021 40

Ethereum founder gave 1.5 billion of cryptocurrency to India’s find to fight COVID

vitalik buterin

The desperate struggle against the coronavirus continues in India. In this regard, the creator of Ethereum named Vitalik Buterin decided to donate an amount of about 1.5 billion dollars in cryptocurrency to a fund to fight the virus in the country.

The transaction included a transfer of 500 ETH and over 50 trillion Shiba Inu tokens which is equal to 1.14 billion dollars. For those who still don’t know, Shiba Inu is a new cryptocurrency that became viral due to memes that appeared on the Internet. It is also called Dogecoinkiller by the users and appeared in China. Its value has increased by 37.929% in the past month. Read more about it here: A New Chinese Cryptocurrency, That Was Called Dogecoin Killer, Is Gaining Popularity.

Meanwhile, in India, over 350,000 cases of infections and 3,500 deaths have been reported every day in the past two weeks. As a result of the collapse of the medical system, many people are left without hospital beds and other vital items such as oxygen, which are now needed to fight the virus. Did you like this article? We found some news that you will also like to read:

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