What is happening between SHIB and Vitalik? | TICKER VIEWS

Published

3 years ago

May 17, 2021

Vitalik donates $1B worth of Shiba Inu coin to India

Firstly a bit of context: last week, Etherum’s co-founder Vitalik Buterin donated $1 billion worth of Shiba Inu coin to a COVID-19 relief fund in India.

But the massive donation spooked buyers, causing Shiba Inu Coin to plummet.

Shib Informer said in a private chat that many people distrust the Ethereum founder, for “no good reason.”

They added that buyers were becoming increasingly concerned that the currency is at the ‘mercy of a millionaire kid now,’ much like Dogecoin is beholden to Elon Musk.

However, SHIB welcomed Vitalik’s actions, saying that he is “not dumping our token” by “acknowledging a humanitarian crisis” in a recent open letter.

A message to the #SHIBArmy regarding today's events. We know there's strength in numbers, so we are celebrating today's brave actions, and stand in support of saving lives and inspiring new holders. pic.twitter.com/VKNOQpQ5lv
— Shib (@Shibtoken) May 13, 2021

Vitalik destroys 90% of his SHIB coins

Vitalik has since burned 90% of his $SHIB wallet, now owning 5% rather than 45%. The currency has since risen approximately 12%.

Another message for the #SHIBArmy, the strongest community in crypto. pic.twitter.com/874pnUPNmQ
— Shib (@Shibtoken) May 16, 2021

The owner of the Shib Informer Twitter account said in a private message:

“Imagine that you own half of the dollars in the world, and you put them all in a room put gasoline and burn it. The remaining money in the world will rise in price, right? That is what happened.”

What is Shiba Inu Coin?

The “Shiba Inu coin” also known as SHIB coin or $SHIB is rising in popularity. Much like Dogecoin – it started out as a meme, but now crypto investors are seeing some potential.

Shiba was founded by the mysterious Ryoshi, in 2020.

Shibu Inu coin can be bought as tokens directly from their website, or through popular third parties like the Uni-swap platform.

Related Topics:$SHIB Doge Etherum Featured Shiba

Up Next

Curating your gaming content!

Don't Miss

5G technology rolled out across Australia

Natasha Schapova

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

5 Comments

Fernando silva

May 17, 2021 at 10:06 pm

Awesome article.
Mohsen

May 17, 2021 at 8:54 pm

Don’t miss the train of $SHIB. Vitalik burned 90% of his tokens and Shibaswap is coming soon
Buy $shib now
#SHIB #vitalik #ShibaSwap #ShibaArmy #SHIBatoken #shibcoin
Gggg

May 17, 2021 at 8:24 pm

#SHIBARMY
@ShibaSwap
@elonmusk
@JeffBezos
@ShytoshiKusama
@cz_binance
#SHIBatoken
#shiba_swap
#shiba
#shiba_swap
#shibatoken
#ShibaArmy
#shibainutoken
@nbcsnl
Shiba Commander

May 17, 2021 at 7:27 pm

#shiba to the moon! $SHIB is the new Humanitarian Crypto thanks to VB’s donation! #Shiba
Oscar

May 17, 2021 at 3:34 pm

It can be bought on over 80 exchanges and is the fastest moving new coin to ever enter the market in terms of exposure, followers and increase in coin value

AI in the modern economy

Published

13 hours ago

December 8, 2023

ticker NEWS

Unraveling the impact of AI: unprecedented economic growth or unforeseen challenges on the horizon?

In an era dominated by technological advancements, AI is spearheading a revolution in the modern economy, providing innovation, enhancing efficiency, and transforming industries.

But is the development of AI bringing positive change, or are there challenges we haven’t seen coming?

Denver Naidoo, CTO and co-founder of AI workforce provider Zeligate explores the ups and downs of AI in the modern economy.

Tech

Rising cybercrime spurs push for stronger cybersecurity measures

Published

14 hours ago

December 8, 2023

ticker NEWS

Increased cybercrime reports highlight urgent need for threat detection and response tools

In a concerning trend, cybercrime reports have witnessed a sharp increase that has signalled a growing concern in the digital landscape, particularly within businesses.

The surge in reports emphasises the pressing need for organisations and individuals alike to adopt and deploy real-time threat detection and response tools more promptly, as the battle against evolving online threats intensifies.

David Peterson from Confluent talks in-depth on the subject of Cybersecurity and how businesses can take a more proactive strategy and preempt cybercrime.

Tech

AMD unveils advanced chips with lighting AI training speed

Published

2 days ago

December 7, 2023

ticker NEWS

Advanced Micro Devices (AMD) has launched a series of cutting-edge chips designed to supercharge the speed of artificial intelligence (AI) training.

With an emphasis on faster processing and improved efficiency, these new chips are set to redefine the capabilities of AI-driven applications across various industries.

The latest AMD chips boast an innovative architecture that significantly enhances the performance of AI training tasks, ranging from machine learning algorithms to neural network simulations.

This development addresses a critical need in the rapidly evolving field of AI, where speed and efficiency are paramount for handling complex computations and accelerating breakthroughs in research and development.

These chips are poised to revolutionise the landscape of AI-powered technologies, offering a competitive edge to businesses and researchers alike.

The enhanced processing power enables quicker training of AI models, unlocking the potential for more sophisticated applications such as advanced image recognition, natural language processing, and autonomous systems. As industries continue to embrace AI, the release of these chips underscores AMD’s commitment to pushing the boundaries of technology.

In the race to dominate the AI hardware market, AMD’s latest release positions the company as a formidable player alongside industry giants. As demand for faster and more efficient AI solutions grows, the impact of these chips on the development and deployment of AI applications is expected to be substantial.

The unveiling of these advanced chips not only marks a significant milestone for AMD but also signals a new era in the evolution of AI technologies.