India’s COVID-19 Surge: Brett Lee Backs Crypto Relief Fund, Donates 1 Bitcoin

Brett Lee says he is donating to help with the purchase of oxygen supplies for hospitals in India.

By Edited by Gadgets 360 Newsdesk | Updated: 28 April 2021 16:14 IST

India’s COVID-19 Surge: Brett Lee Backs Crypto Relief Fund, Donates 1 Bitcoin

The surging value of Bitcoin has gotten everyone paying attention again to the cryptocurrency

Highlights

Several Twitter users praised Lee's gesture and thanked him
Tech leaders from across the globe have come together to support India
Apple CEO Tim Cook said his thoughts were with medical workers

Inspired by his compatriot Pat Cummins, former Australian cricketer Brett Lee has decided to donate 1 Bitcoin (nearly Rs. 40 lakhs) to the Crypto Relief Fund to help his “second home”, India, ensure oxygen supplies for hospitals and win the battle against the raging second wave of the COVID-19 pandemic. Lee, who is in India for the ongoing Indian Premier League, said now was the time to be united and help those in need.

In a statement on his Twitter handle, Lee praised Cummins, who has announced that he will contribute $50,000 (roughly Rs. 37 lakhs) towards the PM-CARES Fund. Lee said he was deeply saddened to see people suffering and would “like to donate 1 BTC (Bitcoin) to Crypto Relief to help with the purchase of oxygen supplies” for hospitals across India.

Well done @patcummins30 ???????? pic.twitter.com/iCeU6933Kp
— Brett Lee (@BrettLee_58) April 27, 2021

Several Twitter users praised Lee's gesture and thanked him for helping out during a time of crisis.

“Man with a golden heart. You are truly a legend,” said a user named Aman Raina.

Tech CEOs, Investors Pledge Support as India Battles Second COVID-19 Wave

Man with Golden Heart???? #BINGA #Brettlee
You are truly ???? Legend pic.twitter.com/Cl4qyxcbOi
— Aman Raina45 (@ImRaina45) April 27, 2021

Tagging Lee and Cummins, Ajmal P said, “It's not about the amount, it's about the camaraderie shown by two fellow Australians! Thanks a lot! Indians never forget.”

It's not about the amount, it's about the camaraderie shown by two fellow Australians! Thanks a lot! Indians never forget. @BrettLee_58 @patcummins30 pic.twitter.com/RApWyiyDia
— Ajmal p (@theajmalp) April 27, 2021

Crypto Community Comes Together

Though Bitcoin is not a legal tender in India, some crypto community members have come together to set up the Crypto Relief Fund for those who would want to make contributions to equip the health infrastructure of the country to cope with the pandemic.

The cryptorelief.in website says its mission is to “reduce suffering by providing healthcare and essentials to those fighting for survival against Covid”. Set up by Sandeep Nailwal, the co-founder of Ethereum platform Polygon, the fund has so far raised over $2.2 million in cryptocurrency value.

Vision for @CryptoRelief_ India

Reactive Stages
1 - Work on getting Oxygen concentrators on the ground

2 - Work on getting the ventilator supply ready

Proactive Stage
3 - Mass vaccinations, specially for Financially poor, particularly Youth as this strain doesn't differentiate
— Sandeep - Polygon(prev Matic Network) (@sandeepnailwal) April 27, 2021

That apart, tech leaders and organisations from across the globe, too, have come together to support India, as the country battles a humongous surge in the novel coronavirus cases and deaths resulting from it.

On Tuesday, Apple CEO Tim Cook said his thoughts were with medical workers, “our Apple family and everyone there [in India] who is fighting through this awful stage of the pandemic”.

Amid a devastating rise of COVID cases in India, our thoughts are with the medical workers, our Apple family and everyone there who is fighting through this awful stage of the pandemic. Apple will be donating to support and relief efforts on the ground.
— Tim Cook (@tim_cook) April 26, 2021

Few others who have expressed solidarity with India in this hour of crisis and pledged financial support include Joe Lonsdale, an entrepreneur, investor and philanthropist, and Micheal Arrington, the founder of TechCrunch, CrunchBase, and Arrington XRP Capital.

I was sad to learn today that my friend & @8VC partner lost his uncle to COVID-19 in India. The pandemic is getting worse there, and they need more vaccines.

In honor of his family, I will donate $50 for every re-tweet, up to $125,000 USD, to help with efforts in India. (1/2)
— Joe Lonsdale (@JTLonsdale) April 26, 2021

This is fantastic @JTLonsdale. I'll match your donation. https://t.co/5vjA2WXOoS
— Michael Arrington (@arrington) April 26, 2021

Do your research before investing

On Wednesday (at the time of writing), the value of Bitcoin was $54,419.34 (roughly Rs. 40 lakhs). The cryptocurrency had hit an all-time high of $64,804.72 (rroughly Rs. 48 lakh) on April 9.

The surging value of Bitcoin over the last few months has gotten everyone paying attention again to the cryptocurrency. Though it seems like a great investment, you need to do your research before you take the plunge because of the cryptocurrency's volatile nature.

The COVID-19 situation in India has deteriorated rapidly recently, with the country registering more than 3 lakh daily cases for a week and recording deaths due to the disease. A dwindling medical oxygen supply chain in the face of an unprecedented demand has paralysed hospitals and other healthcare facilities in the country.

We dive into all things Apple — iPad Pro, iMac, Apple TV 4K, and AirTag — this week on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, and wherever you get your podcasts.

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Cryptocurrency Prices across Indian exchanges

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