Ethereum founder donates USD 1.14 Billion in crypto to India

Vitalik Buterin, the Russia-based co-founder of the world’s second-largest cryptocurrency Ethereum, donated 500 coins and over 500 trillion SHIB meme coin worth around $1.14 billion to India’s Covid-Crypto Relief Fund.

The man behind India Covid-Crypto Relief Fund, Sandeep Nailwal said in a tweet that he will not do anything which hurts any community specially the retail community involved with $SHIB.

After the donation, the SHIB meme coin fell more than 35 percent.