Crypto News
“Vitalik Buterin Supports Airborne Pathogen Research with Massive $15M Donation in USDC”
The Balvi Filantropic Fund, directed by Ethereum co-founder Vitalik Buterin, has donated $15 million in USDC to the University of California San Diego for research into airborne pathogens. It is reportedly one of the largest donations made to an American university and the biggest till-date toward open-source research on aerosols. The money will be used to set up a new research unit Meta-Institute for Airborne Disease in a Changing Climate, or simply The Airborne Institute, at UC San Diego. Kimberly Prather, atmospheric chemist and professor at the Scripps Institution of Oceanography and Department of Chemistry and Biochemistry at UC San Diego, and Rommie Amaro, professor and director of the National Biomedical Computation Resource at UC San Diego, will lead the research unit.
The Balvi Filantropic Fund was set up in May 2022 in partnership with the Shiba Inu community and the Indian emergency relief fund, CryptoRelief, for scientific research into COVID-19. It has conducted two donations since launch, giving over $15 million to more than ten coronavirus-related research projects. The largest grant of $5.3 million was made to The University of New South Wales, Sydney, Australia, to design a tool to identify virus outbreaks early. The fund also led a $15 million donation to the Long Covid Research Initiative, which studies a specific ailment caused due to the COVID-19 virus, Long Covid, which manifests itself in the long run with weakened immunity and other health impacts.
The crypto community has spearheaded donations to numerous global causes in recent years. It includes over $50 million in donations to Ukraine after Russia’s attack in Q1 2022 and, more recently, to earthquake victims in Turkey and Syria.
The Balvi Filantropic Fund has donated $15 million to the University of California San Diego for research into airborne pathogens. This is reportedly the largest donation to an American university and the biggest till-date toward open-source research on aerosols. The fund has also conducted two other donations since launch, giving over $15 million to more than ten coronavirus-related research projects. It is clear that the crypto community is taking a leading role in donating to global causes, with over $50 million in donations to Ukraine and earthquake victims in Turkey and Syria. This is great news for the global community, as it shows how crypto can be used to give back to those in need. #CryptoDonations #UCSCDonations #VitalikButerin #AirbornePathogens #GlobalGiving
You can read more about this topic here: Decrypt: Vitalik Buterin’s Fund Donates $15M in USDC to Airborne Pathogen Research
The post “Vitalik Buterin Supports Airborne Pathogen Research with Massive $15M Donation in USDC” first appeared on Byte Syze Crypto.
Have you ever pondered the enigma of crypto’s allure and its darker undertones? Adrienne Harris, the Superintendent of the New York Department of Financial Services (NYDFS), recently shed light on this very topic at the Financial Times Crypto Winter Summit. Her perspective offers a fresh look into the industry’s pressing challenges for both newcomers and seasoned enthusiasts.
Harris conveyed a stark message about crypto’s anonymity feature, which she believes creates a ripe landscape for illicit activities. Unlike traditional cash exchanges requiring physical presence, crypto transactions can occur without such constraints, despite their traceability. Regulatory minds at both state and federal levels have been grappling with these concerns, particularly in light of high-profile cases involving Binance and the Department of Justice.
When it comes to ‘socializing’ crypto firms to the regulatory framework, Harris sees a need for a ‘tone reset.’ Traditional financial entities are versed in regulatory compliance, but many crypto firms are playing catch-up, often with their business growth outpacing their compliance mechanisms. This has led to enforcement actions by NYDFS, including hefty fines for giants like Coinbase and Robinhood, primarily for infractions related to illicit finance and cybersecurity.
Harris stresses the importance of crypto firms investing in proper compliance resources. Despite the industry’s high-tech facade, investigations reveal an unexpected reliance on paper, indicating a maturity gap in the operational practices of crypto firms aspiring to be legitimate players in the financial services ecosystem.
This dialogue raises essential questions for the crypto industry, especially regarding its impact on the broader financial ecosystem. It serves as a reminder that innovation must walk hand-in-hand with responsibility and transparency.
#CryptoRegulation #Compliance #FinancialCrime #Cybersecurity
The post Navigating the Murky Waters of Crypto and Compliance: Insights from NY’s Watchdog first appeared on Byte Syze Crypto.
Imagine a world where the boundary between human creativity and artificial intelligence becomes just a gentle blur. That’s the unfolding reality in Tinseltown, where a new AI-driven platform, Lore Machine, is set to revolutionise the art of storytelling.
Founded by Thobey Campion, a name synonymous with multimedia innovation, Lore Machine is a generative AI tool designed to help screenwriters, directors, and producers bring their written visions to life. It’s a digital alchemist that transforms scripts into stunning visuals, aiming to bridge the gap between the written word and cinematic representation.
The potential of Lore Machine lies not only in its ability to create storyboards and comic books but also in its future capability to produce motion graphics. With a waitlist already 25,000 strong, the platform is expected to launch in 2024, signalling a growing interest in multimedia generation at story scale.
What’s particularly captivating is the platform’s versatility. Whether you’re crafting a fantasy epic or a cyberpunk thriller, Lore Machine promises to cater to a range of artistic preferences. Campion’s vision extends beyond the silver screen, as even the gaming industry and corporate sectors are showing keen interest.
But it’s not all about the glitz and glamour; there’s a conscientious edge to Lore Machine. Amidst the rising tensions surrounding AI and copyright infringement, the platform stands firm on ethical use and ensuring originality. It’s a nod to the creative community that their rights will be respected in this new digital epoch.
The journey of Lore Machine is akin to the voyage of Moog’s synthesizer, with the potential to redefine our creative processes. It’s a beacon of empowerment for storytellers, one that offers a promising future where technology amplifies rather than stifles human creativity.
#LoreMachine #AIinHollywood #CreativeTech #StorytellingInnovation
The post Next-Gen Storyboarding: How Lore Machine’s AI Merges with Hollywood Creativity first appeared on Byte Syze Crypto.
Remember the days when creating animations required expert skills and sophisticated software? Times have changed. Now, even those with minimal tech savvy can breathe life into still images, thanks to advanced AI.
Alibaba’s AI research team has unveiled ‘Animate Anyone’, an AI model that claims to transform any photo into a fluid, animated video with ease. This intriguing innovation promises to revolutionize content creation for influencers and the tech-curious alike, by offering the ability to generate personalized, AI-crafted apparel and videos.
Despite the buzz, ‘Animate Anyone’ isn’t the only player in the game. Enter ‘MagicAnimate’, a similar AI model with a knack for smooth transitions and detail retention in video animations. Each of these tools offers a glimpse into a future where AI bridges the gap between static images and dynamic video content.
While we await public access to these cutting-edge technologies, the potential implications for the crypto industry cannot be ignored. As the line between reality and AI blurs, the authenticity of digital content becomes ever more critical—a challenge and opportunity for blockchain’s promise of verifiable truth.
In summary, whether you’re an influencer looking to spice up your content, or simply a tech enthusiast mesmerized by the magic of animation, the world of AI is bringing some exciting developments to the table. Keep your eyes peeled for more updates, as the dance of technology continues to evolve.
#AIAnimation #TechInnovation #ContentCreation #CryptoAuthenticity
The post Bringing Photos to Life: Alibaba’s AI Unveils the Magic of Animation first appeared on Byte Syze Crypto.
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