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Vitalik&nbsp;Buterin, one of the co-founders of the cryptocurrency&nbsp;Ethereum, has donated over $1 billion to a Covid&nbsp;relief fund in India.
Buterin&nbsp;donated&nbsp;more than 50 trillion Shiba&nbsp;Inu&nbsp;coins on May 12 to India Covid&nbsp;Relief Fund set up by&nbsp;Indian tech entrepreneur Sandeep Nailwal.&nbsp;Earlier in April, Buterin donated about $600,000 in Ethereum and Maker (MKR) tokens to the fund.
The transaction, however, sparked panic among some investors as they fear a huge liquidation, leading to an over 35% drop in SHIB&rsquo;s price&nbsp;in the past 24 hours. Although,&nbsp;Sandeep Nailwal&nbsp;relieved meme-coin-investors saying the fund will act responsibly.

Crypto Relief for Covid: Ethereum founder donates $1 billion to India Relief Fund

Vitalik&nbsp;Buterin, one of the co-founders of the cryptocurrency&nbsp;Ethereum, has donated over $1 billion to a Covid&nbsp;relief fund in India.
&nbsp;

Vitalik&nbsp;Buterin, one of the co-founders of the cryptocurrency&nbsp;Ethereum, has donated over $1 billion to a Covid&nbsp;relief fund in India.
Buterin&nbsp;donated&nbsp;more than 50 trillion Shiba&nbsp;Inu&nbsp;coins on May 12 to India Covid&nbsp;Relief Fund set up by&nbsp;Indian tech entrepreneur Sandeep Nailwal.&nbsp;Earlier in April, Buterin donated about $600,000 in Ethereum and Maker (MKR) tokens to the fund.
The transaction, however, sparked panic among some investors as they fear a huge liquidation, leading to an over 35% drop in SHIB&rsquo;s price&nbsp;in the past 24 hours. Although,&nbsp;Sandeep Nailwal&nbsp;relieved meme-coin-investors saying the fund will act responsibly.

India's largest cryptocurrency exchange WazirX is facing heat on social media as its users could not place fresh bets due to a payment snag. For the last two-three days, multiple users have been complaining about their deposit service.
WazirX said that the delay in accepting funds was due to a network issue at its banking partner's end. It added that the money that was debited from traders' accounts would be credited back ASAP.
Even last&nbsp;week, many&nbsp;users had posted complaints on social media about transaction delays, payment failures and their money getting stuck.&nbsp;To which the company had said&nbsp;its servers were being overwhelmed by traffic caused by the massive demand for Dogecoin. In the past 10 days, the crypto&nbsp;world has seen a sharp surge in demand for Dogecoin&nbsp;and Ethereum.
An upsurge in traffic could also be the potential reason for the glitch.&nbsp;WazirX&nbsp;added one million users during April and is eying to onboard 10 million customers on its platform by the end of the ongoing quarter.
&nbsp;

Cryptocurrency traders annoyed with India's largest exchange WazirX

Delay in deposits and payment snags is leading to social media outrage&nbsp;against India's largest crypto exchange WazirX

India's largest cryptocurrency exchange WazirX is facing heat on social media as its users could not place fresh bets due to a payment snag. For the last two-three days, multiple users have taken to social media to complain about their deposit service.
WazirX&nbsp;in response said that the delay in accepting funds was due to a network issue at its banking partner's end. It added that the money that was debited from traders' accounts would be credited back ASAP&nbsp;and the funds were safe.&nbsp;
This is not a new issue for users even last&nbsp;week, many&nbsp;users had posted complaints on social media about transaction delays, payment failures and their money getting stuck.&nbsp;To which the company had said&nbsp;its servers were being overwhelmed by traffic caused by the massive demand for Dogecoin. In the past 10 days, the crypto&nbsp;world has seen a sharp surge in demand for Dogecoin&nbsp;and Ethereum.
An upsurge in traffic could also be the potential reason for the glitch.&nbsp;WazirX&nbsp;added one million users during April and is eying to onboard 10 million customers on its platform by the end of the ongoing quarter.
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