This Week in Sports

Health

World faces big challenges over Covid, monkeypox and wars – WHO

World faces big challenges over Covid, monkeypox and wars – WHO

The world is facing “formidable” challenges, including Covid, the war in Ukraine and monkeypox, the head of the World Health Organization has warned. Tedros Adhanom Ghebreyesus was speaking in Geneva, where the UN health agency’s experts were discussing the monkeypox outbreak in 15 nations outside Africa. More than 80 cases have been confirmed in Europe, the US, Canada, Australia and Israel. However, the risk to the wider public is said to be low. Monkeypox – the virus that is most common in remote parts of Central and West Africa – does not tend to spread easily between people and the...

Business

Crypto, property profits to be targeted by tax office in new crackdown

Crypto, property profits to be targeted by tax office in new crackdown

The Australian Tax Office (ATO) has outlined four key areas it will target this financial year, with gains made on cryptocurrency, property and shares high on the agenda. As tax time looms, the ATO said this year it will be focusing on record-keeping, work-related expenses, rental property income and deductions and capital gains made from crypto assets. Assistant Commissioner Tim Loh said the ATO would be targeting areas where people commonly made “mistakes” and urged all Australians to rethink their claims. Of particular note would be the way Australians invest – and deduct – costs associated with cryptocurrency. If Australians...

Technology

UNSW Sydney Gets $4 Million Crypto Donation from Vitalik Buterin for AI-Powered Research

UNSW Sydney Gets $4 Million Crypto Donation from Vitalik Buterin for AI-Powered Research

Ethereum co-founder Vitalik Buterin has gifted US$4 million worth of USD Coin (USDC) to Australia’s University of New South Wales (UNSW) to support the development of an artificial intelligence-based pandemic detection tool. The Kirby Institute at UNSW Sydney has received the largest known cryptocurrency donation to an Australian higher education institution, which will support an open-source tool providing pandemic early warning signals. Buterin has gifted USDC$4M to establish the Shiba Inu OSINT Initiative, funded by his Balvi Filantropic Fund and led by UNSW’s Kirby Institute, to prevent future global pandemics. Buterin’s crypto gift – which has converted to AU$5.3 million...