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Ethereum’s Vitalik Buterin Donates $5.3M to Kirby Institute

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© Reuters Ethereum’s Vitalik Buterin Donates $5.3M to Kirby Institute

  • Vitalik Buterin gifted USDC$4M or $5.3M to Kirby (NYSE:KEX) Insitute UNSW Sydney.
  • His donation is believed to be the largest-known cryptocurrency given to an Australian high education institution.
  • The donation was to support the development of a pandemic detection tool named EPIWATCH.

Vitalik Buterin, co-founder of Ethereum, gifted the Kirby Institute at the University of South Wales (UNSW) Sydney to help build a tool that would warn of future pandemics.

The founder of the world’s second biggest cryptocurrency gave USDC$4M (stablecoin), which approximately converts to $5.3 million. It is believed to be the largest-known cryptocurrency given to an Australian high education institution.

The donation was received to support EPIWATCH, an open-source intelligence (OSINT) tool developed by UNSW Kirby Institute’s Professor Raina MacIntyre.

EPIWATCH development began in 2016 and strengthened extensive research and testing. The said tool works by scanning millions of items of publicly available online data, such as social media and news reports, to spot epidemics far faster than formal reporting from national laboratories and doctors.

Buterin said:

The earlier we can detect new epidemics as they come, the more quickly we can start developing treatments or even stop them before they become large.

According to Professor MacIntyre, the gift will allow the team at UNSW’s Kirby Institute to make EPIWATCH accessible to low-and middle-income countries. “Imagine if someone had detected COVID-19 before it spread around the world – that is our vision,” she said. “Using AI and real-time open-source data, EPIWATCH does not depend on people making reports. It is a great equalizer and can overcome weak health systems and censorship.”

For the tool to be most effective, it needs to be accessible in local languages and used widely at the grassroots level down to villages and small towns around the world. This will give the best prospect of preventing pandemics.

Meanwhile, Professor Attila Brungs, vice-chancellor and president of UNSW Sydney, expressed his appreciation for the gift they have received from the Balvi fund. “We have seen the ravages of the COVID-19 pandemic around the world in the past two years. By making EPIWATCH accessible in lower income countries, the Shiba Inu OSINT Initiative has the potential to avert future world crises like pandemics,” he added.

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Game on: Yield Guild Games scholarships on the rise through Q1

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Game on: Yield Guild Games scholarships on the rise through Q1

Yield Guild Games (YGG) has released its Community Update for Q1 2022, revealing that total scholarships rose 39% overall as the guild continues to farm copious amounts of the Axie breeding Smooth Love Potion (SLP) token.

The Community Report shows that the month-on-month growth of scholarships in YGG has been strong despite a downturn in the market. January saw 50.13% growth, February saw a 28.8% increase, while March had 41.93% growth fueled by new partnerships and the rollout of SubDAOs. By the end of March, the guild had 29,458 scholarships, mostly from Axie Infinity.

The number of scholarships at YGG increased every month in Q1.

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Coinbase Wallet Extends Token Swaps With BNB Chain and AVAX

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Coinbase Wallet Extends Token Swaps With BNB Chain and AVAX

  • Coinbase (NASDAQ:COIN) wallet adds BNB Chain and AVAX networks.
  • The exchange will undertake swaps on a broader variety of networks soon.
  • Wallet users can now use Coinbase’s in-app DEX on four networks.

BNB Chain and Avalanche have been added to Coinbase’s list of supported networks that allow customers to exchange for cryptocurrency transactions.

In a blog post, Coinbase announced that the new feature would provide customers access to thousands of tokens, a greater variety than most traditional centralized exchanges can provide.

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El Salvador’s Bitcoin play: What does the current slump mean for adoption?

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El Salvador’s Bitcoin play: What does the current slump mean for adoption?

It was September 6, 2021, when the Central American nation of El Salvador decided to go ahead and purchase 200 Bitcoin (BTC), worth about $10.3 million at the time. The day was hailed as momentous in the history of the crypto market and was met with much fanfare. In fact, many proponents claimed that the purchase was just an inkling of what really lay ahead in terms of a global crypto-driven economy.

However, a lot has changed since then, especially with BTC losing 55% off its value after scaling up to its November all-time high of $69,000. And, with Bitcoin’s value seemingly in a downward spiral at the moment, many critics have ramped up their criticism of El Salvadoran President Nayib Bukele and his decision to keep lapping up more BTC.

A bitcoin ATM in El Zonte. Source: Karlalhdz

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