His selling price is $1,250.3.https://t.co/3tsa4kaHNb pic.twitter.com/ZdWcOaL86Q, Lookonchain (@lookonchain) November 14, 2022. Assuming he held everything, these coins would make up 37% of his portfolio at current prices, or about $35 million. Ether's distinguishing feature is its focus on digital contracts that potentially have very valuable real-world applications. Though the cleared meme coins wre valued at $4.3 million (roughly over Rs. Making businesses accept a specific coin goes against the "ideals of freedom . In a matter of hours his net worth dropped in half to $10 billion. The bitcoin developer disclosed the main ether address in October 2018. ", "The VitalikAddress Truthers confound me," Van Ness replied. Vitalik Buterin is a co-founder of Ethereum and one of the leading figures in the cryptocurrency and blockchain industry. Decrypt has tried to reach Buterin directly for independent confirmation. After the transfer, the wallet ending in 52b0 still has nearly $3.3 million worth of ETH in it. Jed McCaleb, the co-founder of Ripple, also has a history of selling his XRP holdings. A wallet believed to be controlled by Ethereum co-founder Vitalik Buterin sold 3,000 ETH over the weekend, converting the cryptocurrency into U.S. Dollar-backed stablecoins via the decentralized exchange Uniswap. Vitalik Buterin said "shame on bitcoin maximalists" who uncritically praise El Salvador's President Nayib Bukele. Vitalik Buterin Dogecoin holdings are certainly surprising. That makes the projects 27-year-old co-founder, Vitalik Buterin, one of the richest men in the world. Buterin has nothing to do with SHIB and he had no idea about the gift. On a related note, give our article on Elon Musk's net worth a read to learn how he became the first person in history to lose $200 billion. The news is as a result of the recent surge in price of ETH, which rose above $3,000 on Monday. Keep track of your holdings and explore over 10,000 cryptocurrencies. More info these sales as they happen in this article: Vitalik Buterin Is Dumping All His Dog Coins We Speak And Donating The Proceeds, 2023 Celebrity Net Worth / All Rights Reserved. As we mentioned previously, Vitalik Buterin owns 333,521 ETH. Currently, the organization holds 430,141 ETH. to Uniswap and then further split into denominations of different stablecoins, according to Etherscan data. Buterin would go on to move $431 million worth of Akita Inu (CCC: AKITA-USD), another meme token with significant supply tied up in Buterin's wallet, to Ethereum fundraiser Gitcoin. A wallet address is a publicly available address that allows its owner to receive funds from another party. Buterin has 250,001 ETH in his wallet as of December 23, 2022, worth over $305 million. That said, while a blockchain can show how money moves, it doesnt tell you why. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. Then, at 1:18 PM EST the ethereum inventor transferred 325,001 ether to a separate contract address created approximately 21 hours ago, leaving some $10,000 worth of ETH in his main wallet. In the immediate collapse of FTX, a Twitter user pointed out that Sam Bankman-Frieds networth plunged to $1 billion, to which Buterin responded: $1b is still much more than I have.. If I'm lying, Vitalik can easily disprove it with a tweet. On the afternoon of May 12, Vitalik began dumping huge chunks of the dog coins. The fast growth in the meme token, according to the Ethereum co-founder, was so significant that many people know about the meme coin but not much about Ethereum. Vitalik Buterin compared the eight founders of the ethereum blockchain to JRR Tolkien's close-knit "fellowship of the ring", according to the Financial Times. A wallet believed to be controlled by Ethereum co-founder Vitalik Buterin sold 3,000 ETH over the weekend, converting the cryptocurrency into U.S. Dollar-backed, The moves were made in the middle of the night early Saturday morning, less than 24 hours after news broke that FTX and its affiliated entities had filed for, Three transactions of 1,000 ETH each were sent from the wallet ending in. . What financial advisors need to know about crypto. when asked about FTX and other crypto companies that have collapsed this year. Although the recent price hike of Ethereum boosted Buterin's total assets, only $1.3 billion resulted from his ETH holdings. Buterin wasnt rich prior to creating Ethereum. Hes already sold about 60 million XRP this month; the sales netted him $95.4 million. Last week, Buterin gave 50 trillion SHIB tokens (worth around $1.2 billion at the time) to an India COVID-19 relief fund set up by Polygon founder Sandeep Nailwal. This gave the foundation and its founders a little under 12 million ETH, which now represents about 11% of the circulating supply. Understanding EthereumEthereum boasts its own programming language, While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, weve gone a long way ever since a Florida resident Laszlo Hanyecz made BTCs first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa Johns.One could now argue that, Coinbase Beats Market Expectations despite Drop in Q4 Transaction Revenue, Fintech Innovation in the Payments Industry in 2023. The second most valuable wallet collects deposits to Ethereum 2.0; that wallet holds 4.137 million ETH ($1.3 billion). The wallet also owns the, But thats not all. His family moved to Canada when he was six. The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Democratizing Investing: A Revolution in the Making? As explained in the Shiba Token Woof Paper: "We sent over 50% of the TOTAL supply to Vitalik. Kind of brilliant actually hmmm. Buterin's ETH holdings are now worth over $1 billion. Buterin has other ETH addresses as well but they are small compared to his main public address. Since then, it has pulled back and is hovering at around $0.000016 at press time. Despite his immense wealth, Buterins disclosed wallet is only the 22nd most valuable on the network, according to data from Etherscan. Vitalik has also been involved in a number of blockchain projects. Varying amounts of the 3,000 ETH were swapped into. research and events with special focus on electronic trading, banking, and You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. promo. During a conversation at the Latin American Bitcoin Conference in December 2020, Buterin warned about the security of crypto wallets and said that digital wallets are not ready for mass adoption. Image source: Michael Ciaglo/Getty Images. Buterin disclosed his main ether address in October 2018, and until approximately six hours ago, the wallet held more than 320,000 ether, the blockchains native cryptocurrency. The vast majority of the wallets total funds is in Ethereum (ETH), with over $305 million. He first became interested in cryptocurrency while he was still in high school. The transaction, which has been overlooked thanks in part to news Buterin donated more than $1 billion worth of a different cryptocurrency to India Covid Relief Fund, appears to be the largest transfer of his ether holdings to date. This explains extremely low holdings for certain tokens, like less than one penny of Constitution DAO, or a couple of dollars of Meta Doge, for instance. Vitalik Buterin, the Co-Founder of Ethereum The value of ether in Buterin's closely watched public wallet stood at . Moreover, Ethereum whales have accelerated their transfer activities amid the latest jump in ETH. The highest number of Ethereum in Buterins wallet was 325,001 and was recorded in July 2021, per Etherscan data. Private Company. The transactions all occurred around 3 am Argentina time on Saturday. That year he dropped out, at 20 years old, after receiving $100,000 through a Thiel Fellowship. Proceeds go to civilian efforts helping Ukrainians suffering from the war", "Binance Announces $10 Million Donation to Ukraine: Ethereum Creator Vitalik Announces UkraineDAO", "Ethereum's Russian-born cofounder has been quietly supporting a DAO that raised $8 million in crypto for Ukraine. Though Buterin hasnt publicly revealed his financial position, his wallet addresses and public statements are enough to get a decent estimate. If Vitalik is lying, it's the dumbest thing in the world to lie about.". Vitalik Buterin, who was gifted half of Shiba Inu's total supply, has burned 90% of his holdings worth nearly $7 billion. The latest surge in the worlds second-largest cryptocurrency has pushed the total value of Buterins ETH holdings above $1 billion. The price of Ethereum surged to an all-time high of $3,188 today. Looking at his primary wallet addresses, Buterin owns about 352,000 ETH at a current value of $46 million. By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our, With Congress Impotent, Courts Are the Only Option for Fighting SEC Overreach, Silvergate Closes SEN Platform Institutions Used to Move Money to Crypto Exchanges, Binance.US Is Operating 'Unregistered Securities Exchange,' SEC Official Says, The Rise and Fall of Silvergates Crypto Business. He should not be able to just get away with accusing someone like Buterin of being a criminal who scammed the Ethereum community, and go back to his job at NYU. According to my friend who very deep in the crypto world: "Probably as a publicity stunt the worked phenomenally well. Vitalik Buterin Burns $6B in SHIB Tokens, Says He Doesn't Want the 'Power' - CoinDesk Consensus Magazine Webinars Indices About Markets Finance Technology Web3 Policy Sponsored Content. Buterin has also stated that the remaining 10% of his holdings will be donated to charity. Buterin is also involved in other projects and initiatives, such as the Ethereum Foundation, which supports the development of Ethereum, and the Zcash Foundation, which supports the development of the Zcash (ZEC) privacy-focused cryptocurrency. Buterin has 250,001 ETH in his wallet as of December 23, 2022, worth over $305 million. These ERC-20s include Augur (REP), Maker (MKR), Kyber Network (KNC), and OmiseGO (OMG). On the whole, Buterin is a major contributor to the blockchain industry and is an advocate of decentralization, smart contracts, and open-source code. Vitaly "Vitalik" Buterin (born 1994) is a Russian-Canadian computer programmer, and founder of Ethereum.Buterin became involved with cryptocurrency early in its inception, co-founding Bitcoin Magazine in 2011. Vitalik had a wild ride during 2021 as far as his net worth was concerned. However, ETH reached an all-time high of $4,818.08 on November 8, 2021, giving his Ethereum wallet a value of $1.5 billion. Read this Term, ETH and other cryptocurrency assets. The information on this website is subject to change without notice. He is widely regarded as one of the leading voices in the industry and his direct and deep involvement with Ethereum has made him one of the richest individuals in crypto. So Vitalik's stash of 333,000 are officially worth. Buterin also has substantial cash holdings, estimated at $12 million, as well as a salary somewhere between $140,000 and $250,000. Discover more of Etherscan's tools and services in one place. He learned about Bitcoin as a teenager from his father, a Russian-born engineer and entrepreneur who moved his family to Canada named Dmitry Buterin .
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