Vitalik Buterin Donates $4 Million USDC to University of New South Wales for AI Research

Ethereum co-founder Vitalik Buterin has made a significant philanthropic contribution, donating USDC$4 million (a form of cryptocurrency) to the University of New South Wales (UNSW) in Australia. This marks a landmark moment in cryptocurrency philanthropy and highlights the growing intersection of blockchain technology and academic research.

The Kirby Institute at UNSW has received what is believed to be the largest known cryptocurrency donation to an higher education institution from Ethereum co-founder @VitalikButerin. The donation aims to support UNSW’s open-source artificial intelligence (AI) initiatives. The specific project details are still emerging, but the goal is to leverage AI to address global challenges. Vitalik Buterin, co-founder of cryptocurrency Ethereum, gave USDC$4 million (a form of cryptocurrency) to the University of New South Wales for the project.

This generous gift underscores Buterin's commitment to fostering innovation and using cryptocurrency for positive impact. Vitalik Buterin, co-founder of Ethereum, donated in USDC $4 million ($5.3 million AUD) to the University of New South Wales for the project. The donation is expected to significantly boost UNSW's capacity for cutting-edge AI research and development.

Stay tuned for updates on how this donation will be used and the groundbreaking research that will result from this substantial contribution from Vitalik Buterin.