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<ul class="summary-list"><li>OpenAI, the creator of the language bot ChatGPT and image generator Dall-E, could face competition from Polygon's blockchain AI product, CharacterGPT. </li><li>While Dall-E creates images, CharacterGPT is designed to generate a 3D avatar that can answer questions on the fly. </li></ul>OpenAI, the creator of the language tool ChatGPT and image generator Dall-E, could be facing some new, three-dimensional competition on the blockchain.Polygon is working with <a href="https://alethea.ai/" target="_blank" rel="noopener">Alethea AI</a> to launch CharacterGPT, an artificial-intelligence-powered non-fungible token (NFT) project that describes itself as "the world's first multimodal AI system."In an <a href="https://www.youtube.com/watch?v=2x5YwGgT-ds&amp;t=5s&amp;ab_channel=AletheaAI" target="_blank" rel="noopener">introductory video</a>, the brand says users will be able to type in text to generate responsive characters with "unique personalities, identities, traits, voices, and bodies." Users can mint the NFTs at <a href="https://mycharacter.ai/" target="_blank" rel="noopener">mycharacter.ai</a>. It remains to be seen whether CharacterGPT will gain the popularity of either ChatGPT or OpenAI's bot-powered <a href="https://www.businessinsider.com/how-to-use-dall-e-online-ai-image-generator-art-2022-9">Dall-E</a>, which attracts 1.5 million users a day.The CharacterGPT blockchain product looks poised to more directly compete with Dall-E rather than ChatGPT, which generates text responses to typed questions. It has created massive interest through its ability to write convincing <a href="https://markets.businessinsider.com/news/stocks/chatgpt-markets-write-stocks-economy-meme-ai-microsoft-insider-anlayst-2023-1">articles</a>, <a href="https://www.businessinsider.com/chatgpt-job-applications-hiring-managers-job-interview-candidate-2022-12">cover letters</a>, <a href="https://www.businessinsider.com/ai-chatbot-openai-chatgpt-layoff-memo-amazon-google-meta-2023-1?utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;_gl=1*1bcz5ig*_ga*MjA5NTAyMzYyOS4xNjYyNDcwMDc5*_ga_E21CV80ZCZ*MTY3NTE4MjYyNC41MjEuMS4xNjc1MTg3NDk2LjAuMC4w">emails</a>, and <a href="https://www.businessinsider.com/chatgpt-replied-hinge-matches-dating-app-ai-2023-1?utm_medium=ingest&amp;utm_source=markets&amp;utm_medium=ingest&amp;utm_source=markets&amp;_gl=1*1bcz5ig*_ga*MjA5NTAyMzYyOS4xNjYyNDcwMDc5*_ga_E21CV80ZCZ*MTY3NTE4MjYyNC41MjEuMS4xNjc1MTg3NDk2LjAuMC4w">messages on dating apps</a>.Dall-E, for its part, has sparked controversy among artists who allege the platform draws from real-life creators, and can trick people with how realistic its high-quality images appear.Meanwhile, Alethea AI says CharacterGPT will allow people to create "digital twins," companions, virtual assistants, and parody figures, among other use cases, according to the company's <a href="https://alethea.ai/" target="_blank" rel="noopener">website</a>."Generative AI is advancing at a rapid rate and has the potential to profoundly impact our lives in the coming years," Polygon cofounder Sandeep Nailwal said in a <a href="https://medium.com/@arikhan/generative-ai-launches-on-polygon-b73a8d387f0d" target="_blank" rel="noopener">statement</a>. "I have seen firsthand how Alethea AI has developed this technology over the last few years and through their CharacterGPT AI engine, users will be able to create interactive characters in a matter of seconds."

ChatGPT parent OpenAI faces a blockchain rival as a new NFT project creates 3D avatars from text

<ul class="summary-list"><li><keyword id="12248438" type="UNKNOWN" weightage="60" keywordseo="snoop-dogg" source="Orion">Snoop Dogg</keyword> and <keyword id="12562330" type="UNKNOWN" weightage="60" keywordseo="deadmau5" source="Orion">Deadmau5</keyword> are planning to invest in the <keyword id="11121339" type="UNKNOWN" weightage="60" keywordseo="metaverse" source="Orion">metaverse</keyword> by joining Outlier Ventures, a venture capital firm.</li><li>As strategic members, they will invest in, advise, and collaborate with startups.</li><li>Other new members include Sandbox co-founder Sebastien Borget and Polygon Network founder Sandeep Nailwal.</li></ul>American rap artist Snoop Dogg and Canadian producer Deadmau5 are planning to invest in the metaverse by joining Outlier Ventures, a venture capital firm, as <a href="https://www.globenewswire.com/news-release/2021/11/18/2337470/0/en/Leading-Crypto-VC-Accelerator-Outlier-Ventures-announces-Snoop-Dogg-deadmau5-consumer-brand-guru-Shaun-Neff-and-the-founders-of-The-Sandbox-and-Polygon-have-joined-the-Outlier-Vent.html">strategic members</a>. In their new roles, Snoop Dogg and Deadmau5 will invest in, advise, and collaborate with startups through Outlier Ventures' <a href="https://www.globenewswire.com/Tracker?data=sOC-ZCHY4qrXkxM7jGWPDWJjYDIGZS3X7pWyo9lVtXjk90JA8DdZZ91CGUanTYftPO2Ty8FMeTNQ97DYu_axYwJ-MjdodeEDLVH03h-oAR8=" target="_blank" title="" rel="nofollow noopener">Base Camp accelerator.</a> Other new members include Sandbox co-founder Sebastien Borget and Polygon Network founder Sandeep Nailwal.Outlier Ventures' Base Camp is kickstarting its next batch of ventures, which start in early 2022. The VC firm calls Base Camp the Y-Combinator of the metaverse, referring to the prestigious Silicon Valley startup program that has launched <a href="https://www.ycombinator.com/topcompanies/">global brands</a> from DoorDash to Coinbase.<div type="image" title="DeadMau5 performs at the Budweiser Made in America Music Festival in Philadelphia, PA on August 31, 2013." height="2563" width="5126" msid="87788998" hostid="261"></div>Outlier Ventures, founded in 2014, was one of the first venture capital firms dedicated to investing in the emerging <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> ecosystem.Since launching its Base Camp accelerator in 2019, the London-based firm has received over 5,000 applications and has helped raise over $250 million in seed funding. For 2022, Outlier Ventures is on target to accelerate well over 100 startups, the company said.Its portfolio includes projects across decentralized finance, non-fungible tokens, and blockchain infrastructure with a focus on emergent metaverse use cases.''We need the best people from across finance, culture, and technology to bring the knowledge, reach, and capital to accelerate the open metaverse," Outlier Ventures founder and CEO Jamie Burke said in a statement Thursday. ''The metaverse will eventually connect every platform, virtual world, and game into a single permissionless peer-to-peer economy native to the internet."Metaverse, a buzzy, all-encompassing term that refers to a new iteration of the internet, is gaining mainstream attention as <a href="https://www.businessinsider.com/facebook-new-name-meta-rebrand-metaverse-zuckerberg-apps-2021-10">Meta Platforms (formerly Facebook)</a> and other mega-tech companies have ramped up their investments in the field. Also known as Web 3.0, the metaverse is seen as a space for people to interact using avatars and NFTs.In a recent report, Morgan Stanley estimated that the metaverse could be an <a href="https://www.businessinsider.com/morgan-stanley-is-worried-about-facebook-pivot-to-the-metaverse-2021-11">$8 trillion opportunity</a> though there are still some short-term hurdles.

Rapper Snoop Dogg and producer Deadmau5 are planning to invest in the metaverse

<ul class="summary-list"><li>A crypto-based COVID-19 relief fund for <keyword id="3658" type="COUNTRY" weightage="60" keywordseo="India">India</keyword> has raised donations worth over $2.2 million.</li><li>It was set up by Polygon co-founder Sandeep Nailwal and has received donations from industry leaders like the <keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">Ethereum</keyword> creator.</li><li>COVID-19 cases keep surging in India, which is struggling to control the virus and treat patients. </li></ul>A COVID-19 relief fund for India has raised donations in <keyword id="2721952" type="PERSON" weightage="60" keywordseo="crypto">crypto</keyword> assets worth over $2.2 million. Since being set up by Sandeep Nailwal, the co-founder of Ethereum platform Polygon, the relief fund has received donations from industry heavyweights like Ethereum creator Vitalik Buterin, who donated tokens worth almost $650,000. Last weekend, Nailwal <a href="https://twitter.com/sandeepnailwal/status/1385968552679727113">tweeted</a> he had to do something to help the COVID-19 situation in India, where cases and deaths have been rising consistently and many patients are not getting the treatment they need due to a lack of resources. Nailwal said he had ways to get oxygen, food and vaccines to those in need in the country and asked people to donate tokens issued on the Ethereum network. His first tweet about the relief fund has been shared over 3,200 times at time of writing and has captured the attention of crypto industry leaders. This includes Buterin, but also includes names like former Coinbase CTO and current board member at venture capital firm Andreessen Horowitz Balaji Srinivasan, who donated $50,000 and <a href="https://twitter.com/balajis/status/1386288771872673793">said</a> he would donate more for every retweet he got, adding up to $100,000 to his original donation. On Tuesday, the relief fund's <a href="https://cryptorelief.in/">website</a> stated it had raised crypto assets worth $2,201,618.70. The vast majority of this has been in <keyword id="6709758" type="UNKNOWN" weightage="60" keywordseo="Ether">ether</keyword> and ERC-20, another token that operates on the Ethereum network, but supporters can donate in most cryptocurrencies. All assets will be converted into US dollars. Despite the country considering a ban on owning, trading or otherwise using digital assets, the crypto sector has hugely grown in the country and trading volume and owned assets are accelerating. The COVID-19 situation in India has escalated over the past weeks. The current seven-day average of new registered cases was 330,745 and average daily deaths are almost 2,500. Last week, the country reached the highest number of daily cases any country has recorded since the pandemic began. Vaccination levels are low at around 11%. International aid is being sent by various countries, including the United States and United Kingdom, where large proportions of the population have been vaccinated already. From images and <a href="https://www.businessinsider.com/my-search-for-a-hospital-bed-showed-how-covid-19-has-overwhelmed-indias-health-system-2021-4">first person accounts</a> it's likely that the actual figure is a lot higher. Many patients cannot get the healthcare they need and are struggling to access food and other basic necessities.

COVID-19 relief fund for India raises over $2.2 million in donations of crypto assets

<ul class="summary-list"><li><keyword id="4462663" type="PERSON" weightage="60" keywordseo="vitalik-buterin">Vitalik Buterin</keyword>, <keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">Ethereum</keyword>'s creator, donated Shiba Inu coins worth $1 billion to a COVID-19 relief fund for <keyword id="3658" type="COUNTRY" weightage="60" keywordseo="India">India</keyword>. </li><li>The dogecoin-inspired Shiba Inu token has gained almost 1,000% over the past week.</li><li>The <keyword id="2721952" type="PERSON" weightage="60" keywordseo="crypto">crypto</keyword> COVID-19 relief fund for India was set up last month as the pandemic escalated in the country. </li></ul>Ethereum creator Vitalik Buterin donated $1 billion to a crypto-based COVID-19 relief fund for India using the dogecoin-inspired Shiba Inu coin. The token has skyrocketed and gained almost 1,000% over the past week, but plunged after news of Buterin's donation broke. Buterin donated over 50 trillion Shiba Inu coins to the fund, which aims to provide healthcare and basic-needs items to people affected by COVID-19 in India. At time of donation, these coins were worth around $1 billion but the significant donation panicked investors and caused the value of Shiba Inu to drop by around 34%. "We plan to do a thoughtful liquidation to ensure we meet our <keyword id="8764262" type="UNKNOWN" weightage="60" keywordseo="covid">COVID</keyword> relief goals. We have decided to convert the donation slowly over a period of time." CryptoRelief <a href="https://twitter.com/CryptoRelief_/status/1392559057764962304">tweeted</a> in response to concerns that erupted from Shiba Inu holders. "We will not do anything which hurts any community specially the retail community involved with $SHIB, Sandeep Nailwal, the fund's creator <a href="https://twitter.com/sandeepnailwal/status/1392562768692252673">added</a>. Shiba Inu was last at $0.00001833 on Thursday according to Coinmarketcap <a href="https://coinmarketcap.com/currencies/shiba-inu/">data</a>. It is the 27th largest cryptocurrency in circulation based on its current market value of over $7.3 billion.Buterin also donated 500 <keyword id="6709758" type="UNKNOWN" weightage="60" keywordseo="Ether">ether</keyword> tokens to the fund, which are worth almost $2 million based on ether's value of $3,851.79 at the time of writing. The COVID-19 relief fund Buterin donated to, <a href="https://cryptorelief.in/">CryptoRelief</a>, was set up last month by Nailwal, co-founder of Ethereum platform Polygon and has since attracted donations from various crypto heavyweights. Buterin himself had already donated tokens worth almost $650,000 when the fund launched, as well as another $3 million last week according to Nailwal's <a href="https://twitter.com/sandeepnailwal/status/1390389087266353160">tweets</a>. <a href="https://markets.businessinsider.com/currencies/news/crypto-covid-19-relief-fund-india-ethereum-ether-donations-raised-2021-4-1030352978">Nailwal had set the fund up</a> in response to the escalating COVID-19 situation in India, which saw global record numbers of cases and deaths as the healthcare system was unable to cope with patients and provide the care many needed due to shortages of medication, food and oxygen. At the time, Nailwal tweeted that he had ways to get oxygen, food and vaccines into the country and to those who require them. Some of the crypto donations have since been liquidated and turned into US dollars, according to CryptoRelief's website. The funds have been donated to various organizations and charities in India that have used them to tackle the oxygen shortage and purchase medical equipment, including personal protective gear and ventilators, according to CryptoRelief's website.

Ethereum creator Vitalik Buterin donated $1 billion to a COVID relief fund for India using Shiba Inu - a tiny token that has gained 1,000% in a week

<keyword id="4462663" type="PERSON" weightage="20" keywordseo="vitalik-buterin">Vitalik Buterin</keyword>, the Russia-based co-founder of the world's second largest cryptocurrency <keyword id="2810876" type="PERSON" weightage="20" keywordseo="ethereum">Ethereum</keyword>, has donated 500 coins and over 50 trillion <keyword id="11249260" type="UNKNOWN" weightage="20" keywordseo="shib-meme-coin-worth">SHIB meme coin worth</keyword> around $1.14 billion to the <keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword> Covid-Crypto Relief Fund, as the country grapples with the lethal second wave of the pandemic. Sandeep Nailwal, the man behind India Covid-Crypto Relief Fund, said in a tweet late on Wednesday that they will not "do anything which hurts any community specially the retail community involved with $SHIB". "Plz don't worry $SHIB holders," he said as the meme coin transaction created panic among some investors. The <keyword id="5372931" type="COMPANY" weightage="20" keywordseo="Shib">SHIB</keyword> meme coin fell more than 35 per cent after the donation. The meme coin has garnered billions of dollars worth of investment in recent days, reports <keyword id="179988" type="COMPANY" weightage="20" keywordseo="TechCrunch">TechCrunch</keyword>. "A number of entrepreneurs including Balaji Srinivasan have donated to the India <keyword id="11249259" type="UNKNOWN" weightage="20" keywordseo="crypto-relief-fund">Crypto Relief Fund</keyword>, which maintains a log of all the donations," the report mentioned. Buterin is a Russian-Canadian programmer and writer who is best known as one of the co-founders of Ethereum. One Ethereum is currently priced for ₹2.88 lakh. Buterin became involved with cryptocurrency early in its inception, co-founding Bitcoin Magazine in 2011. In 2013, he visited developers in other countries who shared his enthusiasm for code. He returned to Toronto later and published a white paper proposing Ethereum. He dropped out of university in 2014 when he was awarded with a grant of $100,000 from the Thiel Fellowship, a scholarship created by venture capitalist Peter Thiel and went to work on Ethereum full-time. In 2014, Buterin launched Ethereum. SEE ALSO: <a href="https://www.businessinsider.in/tech/apps/news/whatsapp-responds-to-privacy-criticism-by-alleging-other-apps-like-zomato-ola-aarogya-setu-zoom-google-and-other-apps/articleshow/82570897.cms">WhatsApp responds to privacy criticism by alleging that other apps and tech companies also show disdain for user privacy</a> <a href="https://www.businessinsider.in/business/telecom/news/vodafone-idea-adds-subscribers-for-the-first-time-in-15-months/articleshow/82568343.cms">Vodafone Idea shares up by 10% as it adds subscribers for the first time in 15 months – Airtel, Reliance Jio expand their user base</a>

Ethereum's co-founder donates over $1 billion in cryptocurrency to India's COVID-19 relief fund

<ul class="summary-list"><li><keyword id="219358" type="PERSON" weightage="60" keywordseo="Mark-Cuban">Mark Cuban</keyword> has invested into the Ethereum-based platform <keyword id="2462624" type="PERSON" weightage="60" keywordseo="polygon">Polygon</keyword>. </li><li>Polygon is designed to scale <keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">Ethereum</keyword> chains and develop the <keyword id="6355684" type="PERSON" weightage="60" keywordseo="Blockchain">blockchain</keyword>'s infrastructure. </li><li>Cuban is a passionate advocate of <keyword id="2721952" type="PERSON" weightage="60" keywordseo="crypto">crypto</keyword> and has invested in various platforms. </li></ul>Billionaire "Shark Tank" investor Mark Cuban has added Ethereum-backed platform Polygon to his investment portfolio. Polygon, which is designed to scale Ehereum chains and develop the blockchain's infrastructure, <a href="https://twitter.com/0xPolygon/status/1397236024498180107">announced</a> the investment on Twitter late on Tuesday. Polygon originated from the Matic network, which created the Matic <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite" id="docs-internal-guid-199bd49f-7fff-dd26-ae7b-e5abf216924d">token</a> but has since developed its scope and now <a href="https://twitter.com/0xPolygon">describes</a> itself as "Ethereum's internet of blockchains". "Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. " its developers wrote on Medium when announcing the expansion. It is based on Polygon SDK, a framework that effectively expands the <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite" id="docs-internal-guid-03cb13ba-7fff-13fc-673f-98f8dce3d6f0">ethereum</a> network to include a wider variety of chain types and therefore adds functionalities to ethereum. "Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc", the Medium post continues. Compared to the named systems, Polygon says it offers improved security, the ability to make use of the already existing, larger ethereum network and is more open and powerful. Matic is the 12th largest crypto coin based on market capitalization and was last up 35.2% in the 24 hours to 05:51 am E.T. at $2.27, according to Coingecko <a href="https://www.coingecko.com/en/coins/polygon">data</a>. Matic was among the coins affected by the high levels of volatility in the cryptocurrency market over the past weeks, reaching its highest ever valuation of $2.62 on May 18, but has fallen by almost 14% since then. The Matic network was founded in 2017 by Jaynti Kanani, Anurag Arjun and Sandeep Nailwal. Naiwal is behind the crypto based Covid-19 relief fund for India, <a href="https://cryptorelief.in/">CryptoRelief</a>, which has collected over $1 billion worth of crypto tokens through <a href="https://markets.businessinsider.com/currencies/news/vitalik-buterin-donation-shiba-inu-india-covid-relief-ethereum-cryptorelief-2021-5-1030426402">donations from industry heavyweights like Vitalik Buterin</a>. By investing in Polygon, Cuban has expanded the crypto-based companies in his <a href="https://markcubancompanies.com/">investment portfolio</a> and reaffirmed his bullish stance on crypto. He has previously invested into various platforms like OpenSea, Lazy and Mintable that allow users to showcase and trade NFTs and other digital assets, as well as <keyword id="4164994" type="PERSON" weightage="60" keywordseo="defi">DeFi</keyword> protocols. Cuban has also publicly <a href="https://markets.businessinsider.com/currencies/news/mark-cuban-cryptocurrencies-bitcoin-ether-dogecoin-more-access-cost-pandemic-2021-5-1030405545">supported investing in cryptocurrencies</a> and allows them as payment methods for tickets and merchandise of his basketball team, the Dallas Mavericks. In recent months, he has especially encouraged his followers to invest in dogecoin and has said he believes the meme crypto is a <a href="https://markets.businessinsider.com/currencies/news/mark-cuban-dogecoin-holdings-3250-dallas-mavericks-valid-payment-mechanism-2021-5-1030435555">good way to learn about money</a>. <a href="https://forum.businessinsider.in/">For a more in-depth discussion, come on over to Business Insider Cryptosphere</a> — a forum where users can deep dive into all things crypto, engage in interesting discussions and stay ahead of the curve. SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/investments-in-crypto-hit-17-billion-in-the-first-six-months-of-2021/articleshow/83740327.cms">Investments in crypto hit a new record of $17 billion, but Indian funds are yet to jump on the bandwagon</a> <a href="https://www.businessinsider.in/cryptocurrency/news/indian-cryptocurrency-exchange-wazirx-has-listed-shiba-inu-tokens-for-trading-in-indian-rupees/articleshow/82731429.cms">Chiacoin claims to be an eco-friendly cryptocurrency — here's how it works</a> <a href="https://www.businessinsider.in/cryptocurrency/news/here-is-why-a-ban-on-cryptocurrencies-may-not-be-even-possible/articleshow/82741310.cms">Is a ban on cryptocurrencies even possible?</a> <a href="https://www.businessinsider.in/cryptocurrency/news/latin-america-and-south-asia-show-two-ends-of-the-crypto-regulatory-spectrum/articleshow/83638437.cms">Even as Latin America embraces Bitcoin, Southeast Asia is clamping down on cryptocurrencies</a>

Mark Cuban adds Ethereum-based crypto platform Polygon to his investment portfolio

<ul class="summary-list"><li><keyword id="4462663" type="PERSON" weightage="60" keywordseo="vitalik-buterin">Vitalik Buterin</keyword> burnt 90% of his Shiba Inu assets, over 40% of all coins in circulation.</li><li>Buterin said he plans to donate the remaining 10% of the coins he owns to charity. </li><li>He previously donated Shiba Inu coins worth $1 billion to a COVID-19 relief fund for India. </li></ul><keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">Ethereum</keyword> co-founder Vitalik Buterin burned 90% of his Shiba Inu holdings and will donate the remaining 10% according to a note he left on an ether transaction made on Sunday evening. Over 40% of the coin's total circulation have thereby been taken out of the market. Burning and donating the coins was the only option, Buterin said. He'd previously been given 50% of all Shiba Inu tokens by the coin's creators, said. It was the only way to avoid his transactions in Shiba Inu being interpreted as actions, or indicators on his part, he said. Buterin also urged coin creators not to send large amounts of tokens to individuals or charities without their consent. "I don't *want* to be a locus of power of that kind. Better to just print the coins into the hands of a worthy charity directly (though do talk to them first)," he wrote in his note. The burned coins have effectively been taken out of circulation - "burning" a <keyword id="2721952" type="PERSON" weightage="60" keywordseo="crypto">crypto</keyword> token means sending it to a public address that is inaccessible, where it will then lay unused. Read more: <a href="https://www.businessinsider.com/crypto-trading-investing-tips-crypto-tokens-hodling-trader-scott-melker-2021-5" target="_blank" rel="noopener">'Wolf of All Streets' crypto trader Scott Melker breaks down his strategy for making money using 'HODLing' and 100-times trade opportunities - and shares 5 under-the-radar tokens he thinks could explode</a>More than 40% of Shiba Inu tokens have now been burned, which amounts to around 410 trillion coins worth around $7 billion. Shiba Inu rose by over 40% to $0.00001953 after Buterin's statement. Based on CoinMarketCap <a href="https://coinmarketcap.com/currencies/shiba-inu/">data</a>, the coin was last up 0.6% in the 24 hours to 08:17 E.T., trading at $0.0000161. SHIB is a small, dogecoin-inspired token that gained 1,000% last week. Its <a href="https://www.shibatoken.com/">website</a> describes it as an "experiment in decentralized spontaneous community building". <a href="https://markets.businessinsider.com/currencies/news/shiba-inu-binance-indian-exchange-dogecoin-ethereum-vitalik-buterin-donation-2021-5-1030431008">Binance's Indian platform listed the SHIB coin</a> late last week. Buterin said he had not yet decided to which charity he would donate the remaining 10% of his Shiba Inu tokens. He said he wanted to support an organization that aimed to prevent "large-scale loss of life" in the long term. <a href="https://markets.businessinsider.com/currencies/news/vitalik-buterin-donation-shiba-inu-india-covid-relief-ethereum-cryptorelief-2021-5-1030426402">Last week, Buterin donated Shiba Inu coins worth $1 billion</a> to CryptoRelief, a crypto-based charity fund set up by Sandeep Nailwal, co-founder of the Ethereum platform Polygon, to support India in its fight against a deadly wave of COVID-19. Buterin said he would not donate the remaining Shiba Inu tokens to the same fund, as it was important to think about the future."I've actually been impressed by how the dog token communities have treated the recent donations! Plenty of dog people have shown their generosity and their willingness to not just focus on their own profits but also be interested in making the world as a whole better." Buterin said.

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ChatGPT parent OpenAI faces a blockchain rival as a new NFT project creates 3D avatars from text

Phil Rosen

Rapper Snoop Dogg and producer Deadmau5 are planning to invest in the metaverse

Isabelle Lee

COVID-19 relief fund for India raises over $2.2 million in donations of crypto assets

Sophie Kiderlin

Ethereum creator Vitalik Buterin donated $1 billion to a COVID relief fund for India using Shiba Inu - a tiny token that has gained 1,000% in a week

Sophie Kiderlin

Ethereum's co-founder donates over $1 billion in cryptocurrency to India's COVID-19 relief fund

IANS

Mark Cuban adds Ethereum-based crypto platform Polygon to his investment portfolio

Sophie Kiderlin

Ethereum co-founder Vitalik Buterin destroys 90% of his Shiba Inu holdings - almost half the coin's circulation

Sophie Kiderlin

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