Vitalik Buterin Announces His Plans for $100 Million of Shiba Inu Funds

Norge Nyheter Nyheter

Vitalik Buterin Announces His Plans for $100 Million of Shiba Inu Funds
Norge Siste Nytt,Norge Overskrifter
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

.VitalikButerin has gotten a significant portion of his ShibaInu funds back in order to make more audacious donations

Polygon co-founder Sandeep Nailwal, who created the relief fund in question, explains the need to comply with India's laws limiting the scope of projects he can contribute money to. At the same time, Buterin, a Canadian citizen, has greater latitude in terms of donations, which will allow him to make riskier bets:

Buterin says that he co-founded an organization called"Balvi," which will direct funds to projects focused on the research and development of vaccines, ventilation, air filtration and other areas.The $100 million sum has already been converted to the USD Coin stablecoin, which means that future donations will not exert selling pressure on SHIB token.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

Utoday_en /  🏆 295. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Shiba Inu hype: 4 of the top 10 trending cryptocurrencies have ‘SHIB’ in their tickerShiba Inu hype: 4 of the top 10 trending cryptocurrencies have ‘SHIB’ in their tickerThe hype initiated by meme cryptocurrency Shiba Inu is replicating on the general market with tokens linked to the coin... Continue reading
Les mer »

Shiba Inu Teases SHIB Community on Forthcoming Event Once More; Where Would This Lead?Shiba Inu Teases SHIB Community on Forthcoming Event Once More; Where Would This Lead?ICYMI: the official Twitter account of ShibaInu posts a teaser for its community, what could it be for? SHIB $SHIB SHIBArmy
Les mer »

When Shiba Inu? Robinhood CEO Supports Adding More CoinsWhen Shiba Inu? Robinhood CEO Supports Adding More CoinsRobinhood CEO Vlad Tenev says that the online brokerage wants to make sure that it won’t list unregistered securities
Les mer »

Shiba Inu Teases SHIB Community on Forthcoming Event Once More; Where Would This Lead?Shiba Inu Teases SHIB Community on Forthcoming Event Once More; Where Would This Lead?ICYMI: the official Twitter account of ShibaInu posts a teaser for its community, what could it be for? SHIB $SHIB SHIBArmy
Les mer »

Shiba Inu hype: 4 of the top 10 trending cryptocurrencies have ‘SHIB’ in their tickerShiba Inu hype: 4 of the top 10 trending cryptocurrencies have ‘SHIB’ in their tickerThe hype initiated by meme cryptocurrency Shiba Inu is replicating on the general market with tokens linked to the coin... Continue reading
Les mer »

Crypto Infrastructure Company Blockdaemon Raised $207M From Tiger Capital and SoftBankCrypto Infrastructure Company Blockdaemon Raised $207M From Tiger Capital and SoftBankBlockdaemon secured a $207 million financing round and announced it will launch a DeFi Fund.
Les mer »



Render Time: 2025-04-02 20:14:29