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Ethereum creator officially becomes a billionaire

Anthony Lucas



Ethereum creator officially becomes a billionaire

From uni drop out to self-made crypto billionaire, Vitalik Buterin is kicking goals with Ethereum

Vitalik Buterin is a 27-year-old Russian-Canadian who created the virtual currency in 2015 at the age of 19.

Prior to launching the company, Buterin cofounded (and wrote for) Bitcoin Magazine.

Ethereum skyrockets 375 percent

The creator of Ethereum now has around 335,500 ether in his wallet. This equates to more than 1.1 billion dollars, making Buterin a billionaire.

Ether prices have skyrocketed in the first part of 20-21, soaring 375 percent. The crypto now has the second-largest market value.

In late April, the Russian-Canadian programmer donated both 100 Ether and 100 Maker (MKR) tokens to a COVID-19 relief fund for India.

Crypto rises in popularity

The Ethereum cryptocurrency has a market capitalization of $376 billion, second only to bitcoin’s $1.08 trillion. But it’s quickly catching up to the crypto giant.

This places the cryptocurrency as more valuable than Elon Musk’s meme, Dogecoin.

Ether value has surged since the beginning of the year, largely due to the rising popularity of decentralized finance (DeFi) applications.

Ethereum crypto coin

Crypto disrupts old money

Even the traditional players are beginning to recognise the importance of embracing crypto, including luxury auction house Sotheby.

Sotheby also will be jumping on the crypto bandwagon, saying they’ll accept payments in Bitcoin and Ethereum at an upcoming Banksy auction.

The 277-year-old auction house says that it’s the first of its kind to accept cryptocurrency as payment for a physical piece of art.

“Fittingly, the pairing brings together the biggest disruptor in finance with one of the most notable disruptors in the art world – Banksy,” Sotheby said.

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Fancy a ‘flight to nowhere’ to view the super-moon from up in the sky?

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In a bid to rebound from international and domestic border closures, Australian airline… Qantas has offered ‘flights to nowhere’.

Travel-starved Australian residents will have the chance to view the late-May supermoon and full lunar eclipse from over 40,000 feet in the sky.

The moon rises over the Sydney Harbour Bridge in Australia, Tuesday, April 27, 2021. This moon is a supermoon, meaning it appears larger than an average full moon because it is nearer the closest point of its orbit to Earth (AP Photo/Mark Baker)

But if you were hoping to get onboard, you’re already out of luck – the airline says all tickets were snapped up in record time… at just two and a half minutes.

The super-moon joy flight is the latest in a series of Qantas-operated trips to encourage travellers to take up travel in a post-pandemic world.

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World’s largest fast-food restaurant chain now caught up in wage battle

Brittany Coles



Would a pay rise be enough for you to be on the front-line… working at a drive-thru window rather than at home?

Customers are coming back faster than restaurants can staff up.

McDonald’s is the latest U.S giant to raise pay in a move to attract more applicants and keep up with customer demand.

McDonald’s and Chipotle are just some of the latest companies to follow Amazon, Walmart and Costco in boosting wages.

Hospitality workers are some of the lowest paid employees… even though they run the risk of contracting COVID-19 on the job, compared to white-collar employees who can work from home.

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SpaceX will also be orbiting in Google’s cloud?

Brittany Coles



SpaceX and Google have announced a deal.

The new deal will see Starlink ground stations placed in Google data centre properties…with the first to switch on in the second half of the year.

The goal is for businesses to reach cloud services from rural and regional parts of the planet.

Google said that Connectivity from Starlink’s constellation of satellites provides a path for data to be distributed across countries, quickly and securely

“Connectivity from Starlink’s constellation of low-Earth-orbit satellites provides a path for these organisations to deliver data and applications to teams distributed across countries and continents, quickly and securely,” Google said.

Also, Australian fibre provider, Vocus, has put a bid in to host LEO ground stations.

“This means having ground stations in regional areas close to where the end-users are located, to minimise round-trip time,” Vocus general manager for government and strategic projects Michael Ackland said.

In other Elon-related news, the SpaceX and Tesla CEO tweeted earlier this week that the carmaker would stop accepting bitcoin payments.

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