Vitalik has also been involved in a number of blockchain projects. 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 . . The self-described NFT collector Justin Trimble said. 333,520 Ether (valued at around $776 million) $78 million worth of Akita Inu (wtf! Ethereum is currently trading above $3,150 with a market cap of more than $365 billion. Vitalik Buterin is a co-founder of Ethereum and one of the leading figures in the cryptocurrency and blockchain industry. Clearmatics is a London-based company designing protocols for DeFi while StarkWare is building privacy software using zero-knowledge proofs. Before Vitalik Buterin co-created Ethereum, he first learned about bitcoin in 2011, when he was 17 years old. Crypto Briefing calculated his Ethereum holdings on the day of his statement. Anonymous play on awesome games - sign up now for 25 free jackpot spins - worth $100s! Buterin is a well-known figure in the crypto space and is respected for his technical and philosophical contributions to the industry. However, he also said in February of last year that he held Bitcoin, Bitcoin Cash, Zcash, and Dogecoin worth over 10% the value of my ETH.. Decrypt has tried to reach Buterin directly for independent confirmation. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. -1.14%. Ethereum co-founder Vitalik Buterin has shared some of his personal user experiences with the network and crypto payments. Buterin is . Buterin has nothing to do with SHIB and he had no idea about the gift. Probing the intersection of crypto and government. The transaction also comes less than two weeks after his assets crossed the billion-dollar milestone, making him the youngest-known crypto billionaire in the world. rights reserved.For more information, read our 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. Kind of brilliant actually hmmm. He holds a little over $1 billion of Ethereum in a single wallet. Private Company. I've decided to burn 90% of the remaining shiba tokens in my wallet. 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. pDOTn/USD. Buterin developed an interest in Bitcoin at a young age and became involved in the cryptocurrency community while still in high school. Buterin wasnt rich prior to creating Ethereum. Understanding EthereumEthereum boasts its own programming language, By continuing to use this website, you agree to its Terms and Privacy Policy. Ether's distinguishing feature is its focus on digital contracts that potentially have very valuable real-world applications. Buterins total net worth jumped significantly this year following the spike of more than 300% in the price of Ethereum. The trove of more than 410 trillion tokens was sent to a dead blockchain address late on Sunday, taking them out of circulation. The community has closely watched Buterins addresses for fear that a huge sell-off indicates that the market has peaked. A wallet address is a publicly available address that allows its owner to receive funds from another party. The transactions all occurred around 3 am Argentina time on Saturday. Last month the creators of SHIB released a white paper, which they called a "woofpaper". That obsession eventually resulted in a 2013 white paper published by Vitalik in which he described a goal of creating a blockchain application that could be attached to real-world assets such as property, stocks and bonds. Buterin has also been recognized as one of the top 100 most influential people in the world by Time Magazine. cheers But Buterin is a confirmed HODLer: the last time he sold ETH was in August 2020, when he sold 13,333 ETH for $5.2 millionback then, the price was just below $390. Yet, the story of the group is one. Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Decrypt has tried to reach Buterin directly for independent confirmation. 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. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. He disclosed that he sold and donated an unspecified part of his ETH holdings for fiat when the price of ETH was $700, or almost half the previous top of $1,300 observed in January 2018. . However, his main source of wealth is the hundreds of thousands of Ethereum tokens he was able to hold on to from the cryptocurrencys pre-mine. 32 crore), Buterin managed to make only $1.8 million (roughly Rs. The price of Ethereum surged to an all-time high of $3,188 today. The Ethereum co-founder further said he would allocate the remaining 10% to charitable organizations while also praising the "dog token community" for its generosity. From there, he was able to secure a six-figure salary from the Ethereum Foundation, the non-profit born out of the raise. 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. Some of these include the L4 research group, which focuses on the scalability of blockchain technology, and the Plasma Group, which is working on ways to improve the scalability and security of Ethereum. That said, while a blockchain can show how money moves, it doesnt tell you why. Earlier this week Vitalik was suddenly one of the richest people in the world with a net worth that topped $21 billion. If Vitalik is lying, it's the dumbest thing in the world to lie about.". Keep track of your holdings and explore over 10,000 cryptocurrencies. Though the cleared meme coins wre valued at $4.3 million (roughly over Rs. He transferred $1 billion worth of SHIB to India's Covid relief fund. 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. Currently, the wallet holds 333,520 ETH, or just over $1.06 billion. 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 main wallet held more than 320,000 ETH, the native cryptocurrency of the blockchain. His dad is even more involved", https://en.wikipedia.org/w/index.php?title=Vitalik_Buterin&oldid=1142537120, Russian activists against the 2022 Russian invasion of Ukraine, Short description is different from Wikidata, All Wikipedia articles written in Canadian English, Articles with unsourced statements from January 2023, Wikipedia articles in need of updating from August 2021, All Wikipedia articles in need of updating, Articles containing Russian-language text, Creative Commons Attribution-ShareAlike License 3.0, World Technology Award in the IT Software category, 2014, Donation of $1.14 billion USD worth of 50,693,552,078,053, Donation of $336 million worth of 430 trillion, This page was last edited on 2 March 2023, at 23:57. This is not to mention personalities such as Ethereum inventor Vitalik Buterin and Punk6529 who chose Safe wallet for holding their personal assets.. Now, with the launch of Safe{Core}, developer . However, during the interview, Vitalik Buterin said he was unsure about investing $25k in a small digital asset worth . When buying and selling crypto is easier than shopping on Amazon. A couple of years ago, the idea that anyone would ever become a billionaire from cryptocurrency would have sounded like pure lunacy. A private note (up to 500 characters) can be attached to this address. Analysts predict a. His first major windfall was in 2014. To access the funds in an address, you must have its private key. He is a notable speaker in the cryptocurrency industry advocating for many blockchain-based projects and participating in numerous crypto-related events around the globe. Back in 2018, the Ethereum co-founder posted his main wallet address. A wallet believed to be controlled by Ethereum co-founder Vitalik Buterin sold 3,000 ETH over the weekend,. The 27-year-old Russian-Canadian programmer. Buterins crypto wallet holdings closely edge out the net worth of Justin Sun, another prominent crypto figure and the founder of the TRON cryptocurrency. Assuming he held everything, these coins would make up 37% of his portfolio at current prices, or about $35 million. Buterin also has a substantial portion of his wealth in cash. Known as "Bitcoin Jesus," Roger Ver was one of the earliest promoters of Bitcoin back in 2011. Varying amounts of the 3,000 ETH were swapped into USDC, USDT, DAI, and wrapped Bitcoinbut ultimately, the entire amount was converted into USDC. Manage Cookies, Vitalik Buterins Ethereum Holdings Reach $1 Billion. In his recent blog post, Vitalik Buterin recalled his experiences when he tried to pay for a cup of tea with bitcoin in 2013 and when he tried the same in later years.The Ethereum co-founder tried to pay for a cup of tea in Argentina in 2013. Buterin disclosed his main ether. As I type this article right now, Vitalik's unwittingly gifted collection of 505 billion SHIB are worth. The value of ether in Buterin's closely watched public wallet stood at . It's worth noting that Ethereum, like many community-driven, open-source software projects, has evolved since its initial inception. investing. Vitalik Buterins current salary is estimated at somewhere between $140,000 and $250,000. He believed that this would allow for greater transparency and security, as well as the ability to build applications that were not controlled by any single entity. Just days after donating $1.5 billion worth of SHIB to the India Covid-Crypto Relief Fund, Buterin sent 410,241,996,771,871.894771826174755464 coins to a dead wallet address, which effectively . The latest entrant to the crypto billionaire club is Ethereum co-creator Vitalik Buterin. The wallet also owns the, But thats not all. Buterin is not the only founder of a blockchain project known for selling their substantial holdings. 2. Vitalik Buterin Dogecoin holdings are certainly surprising. It appears as though a bunch of other stunt coins have begun gifting Vitalik huge shares of coins as well. After Russian President Vladimir Putin invaded Ukraine in February, Vitalik and Dima supported the Ukraine DAO, a so-called decentralized autonomous organization raising millions of dollars to. to Uniswap and then further split into denominations of different stablecoins, according to Etherscan data. He has amassed substantial wealth thanks to his role in creating Ethereum. Now of course it should be noted that Vitalik could destroy SHIB in an instant if he decided to offload the entire currency at once. For security reasons, he explained that the coins. The Ethereum team raised 31,500 BTC in their ICO, and the mainnet officially launched in 2015. He was one of the early adopters of blockchain technology and has invested large sums of money for crypto-related startups including Bitcoin, Ripple, Kraken, and Purse.io. Hes already sold about 60 million XRP this month; the sales netted him $95.4 million. We calculated his net worth. vitalik.eth (@VitalikButerin) August 17, 2020. That makes the projects 27-year-old co-founder, Vitalik Buterin, one of the richest men in the world. 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. As mentioned earlier, pinpointing Vitalik Buterins net worth is virtually impossible due to the nature of private investments. 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. T hanks to Reddit's r/Ethereum community, I've had the privilege of following Vitalik Buterin's career from early on, which is why I've taken a certain . Since then, it has pulled back and is hovering at around $0.000016 at press time. The wallet now holds $62 million worth of Ethereum. (Vitalik Buterin, : , 1994 1 31 ~ ) , . Jed McCaleb, the co-founder of Ripple, also has a history of selling his XRP holdings. See also: Binances Indian Crypto Exchange Lists SHIB Token as Vitalik Gift Garners Local Press. I lose a lot of reputation. Beeple sold a piece of digital art for $69 million, OMG Vitalik Buterin Is Dumping All His Dog Coins We Speak And Donating The Proceeds He Technically Just Donated $1 Billion To India's COVID Fight, With Bitcoin At $60k, Satoshi Nakamoto Is Now One Of The 20 Richest People On The Planet, The Founder Of The Crypto Currency Ripple Was Briefly Worth $60 Billion Enough To Make Him The 7th Richest Person Alive. That same year, Vitalik dropped out of college to fully concentrate on Etheurem after receiving a $100,000 Thiel Fellowship grant. Vitalik Buterin owns around 333,000 Ethereum coins. Vitalik Buterin owns around 333,000 Ethereum coins. All of the large trades. CoinCodex is a cryptocurrency data website that tracks 23380 cryptocurrencies trading on 420 exchanges and provides live crypto prices. Finance Magnates is a global B2B provider of multi-asset trading news, This is more . The precise value of these investments is not known. Vitalik Buterin's website . At one point before donating or burning . Vitalik Buterin lists problems with Ethereum network. Today there are at least a dozen known individuals, including the Winklevoss twins, who are officially billionaires thanks exclusively to their crypto holdings. The recent crypto downturn has had a notably negative impact on Vitaliks net worth. The remaining half of SHIBs supply is locked for liquidity on decentralized finance platform Uniswap. Buterin disclosed his personal ETH address in October 2018, noting that it also includes donations to charity. As of this writing, I count dozens of random coins in Vitalik's wallet. Yet that's not the number you see right now on Vitalik's public wallet. https://twitter.com/VitalikButerin/status/1050126908589887488, https://etherscan.io/address/0xab5801a7d398351b8be11c439e05c5b3259aec9b. Learn more about addresses in our Knowledge Base. The remaining 10% will be sent to a (not yet decided) charity with similar values to cryptorelief (preventing large-scale loss of life) but with a more long-term orientation, he said in a note attached to another transaction at the same time. But thats not all. 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. Another wallet connected to, which Buterin uses as his Twitter namerecently moved 180 ETH ($286,000 at the time) and about $8,500 of USDT to another wallet and then to a Kraken, Ethereums price has fallen roughly 21% in the past week, following news of FTXs financial troubles and subsequent collapse which affected the broader crypto market. There are also 4119 NFTs in the wallet, although their exact value is unknown. Etherscan is a Block Explorer and Analytics Platform for Ethereum, a decentralized smart contracts platform. Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. The price stayed fairly flat, under $10, from its launch until mid-2017. Ethereum co-founder Vitalik Buterin disclosed to Lex Fridman that he had purchased dogecoins worth $25,000 in 2016 when the Dogecoin was not known by many as it is now. After the transfer, the wallet ending in 52b0 still has nearly $3.3 million worth of ETH in it. Vitalik Buterin Net Worth. News and analysis for the professional investor. Vitalik Buterin, one of the leading innovators in digital currencies and blockchain, who first started as journalist in 2011, he actually began writing for a publication called 'Bitcoin Weekly . The positive market sentiment surrounding ETH has been a major win for Vitalik Buterin, who holds massive amounts of the cryptocurrency. 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. Varying amounts of the 3,000 ETH were swapped into. This is a truly insane story that only makes sense in the completely bonkers crypto world. Ethereum co-founder Vitalik Buterin donated $1 billion worth of shiba inu coin a dogecoin spinoff to a Covid-19 relief fund in India . Between his three main wallets, he also holds ERC-20 tokens worth over $900,000. Ethereum also enables the creation Distributed Applications, or dapps. but ultimately, the entire amount was converted into USDC. GitHub", "NFT mastermind says he created Ethereum because Warcraft nerfed his character", "This economist wants to abolish private property using blockchain", "Liberation Through Radical Decentralization", "A Flexible Design for Funding Public Goods", "2014 World Technology Awards * USAID Philanthropy Awareness Activity Winners", "Who is Vitalik Buterin, The Mastermind Behind Ethereum? Additionally, this transfer is not being seen as a bearish move or signal that Buterin is stepping away from Ethereum by cashing out. "775040520SB00199_TechCrunch" by TechCrunch is licensed under CC BY 2.0 Dorsey declared the month prior that his then-Square, now-Block company was standing up a bitcoin-oriented . . Finally, he owns equity in two multi-million dollar startups, Clearmatics and StarkWare. Buterin also said in his note that he would prefer makers of cryptocurrencies give them to charities and not to him. This shows that Fiat is almost completely unnecessary and irrelevant in the new world of Cryptocurrency! So Vitalik's stash of 333,000 are officially worth $1.4 billion Yet. Earlier this year, Buterin said that the upcoming network upgrade of Ethereum will improve ETHs scalability. Source: twitter.com. ***UPDATE*** As of 8pm EST on Monday, Vitalik's net worth is actually $21 billion!!! Getty Images. Understanding EthereumEthereum boasts its own programming language, and What financial advisors need to know about crypto. 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. His SHIB holdings are worth $18 billion. Buterins public ETH address now holds more than 333,500 Ethereum. The first transaction did not go through due to being below exchange limits. A recent search on Etherscan has revealed that Vitalik Buterin, Ethereum Founder, is now a Top 10 holder of the Moon Rabbit (AAA) cryptocurrency. The billionaire Canadian-Russian programmer had been gifted more. For example a house, a car, a piece of art or even stocks. Read this Term, is now a crypto billionaire. SHIB/USD. 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. Buterin's cryptocurrency holdings represent the largest chunk of his wealth, worth $82 million at today's prices. So Vitalik's stash of 333,000 are officially worth. Siri says that over the past 11 months, 14,000 users, most of them outside the. Vitalik Buterin has a crypto wallet that holds $305,197,377 in different types of coins and assets, as of December 23, 2022. We do not give personalized investment advice or other financial advice. 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 stablecoinsvia the decentralized exchange Uniswap. Buterin has 250,001 ETH in his wallet as of December 23, 2022, worth over $305 million. Vitalik Buterin isn't among them even though the meltdown wiped out a huge chunk of his personal wealth. Cancel anytime. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. The second most valuable wallet collects deposits to Ethereum 2.0; that wallet holds 4.137 million ETH ($1.3 billion). Buterin has also stated that the remaining 10% of his holdings will be donated to charity. Buterin, who attended LaBitConf in Argentina last week, expressed his disapproval of FTX CEO Sam Bankman-Fried hours before the funds were moved. In total, Buterins wallet has 644 different types of coins and tokens. However, an interesting exchange that happened on social media in November seems to suggest that Buterins crypto wallet holdings and real fortune seem to be aligned. He communicated those thoughts in a note attached to an ether transaction created on the evening of May 16. Make sure to use the "Vote Down" button for any spammy posts, and the "Vote Up" for interesting conversations. 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. The latest surge in the worlds second-largest cryptocurrency has pushed the total value of Buterins ETH holdings above $1 billion. Vitalik Buterin, the Co-Founder of Ethereum The public ETH address of the Co-Funder of Ethereum, Vitalik Buterin now holds over 333,500 Ethereum, making him a crypto billionaire. Vice president of digital asset strategy at New York-based Fundstrat Global Advisors, Leeor Shimron, also confirmed that Buterin moved the vast majority of the ether in his main wallet. This happened several minutes prior to moving a number of little-known cryptocurrencies that were given to him, which were subsequently sold off. This introductory paper was originally published in 2014 by Vitalik Buterin, the founder of Ethereum, before the project's launch in 2015. 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. The reason for the vast number of different types of digital currencies lies in the fact that random crypto holders are sending crypto funds to Buterins publicly known wallet address. Vitalik Buterin, co-founder of the Ethereum blockchain technology and cryptocurrency, has burned 410 trillion Shiba Inu tokens. There is no greatness without a vulnerable point and as . Terms, Cookies In the 2013 whitepaper, called A Peer-to-Peer Electronic Cash System, he proposed the creation of Ethereum, a decentralized platform that would allow for the creation of smart contracts and decentralized applications (dApps). Others in the foundation (ie. Discover more of Etherscan's tools and services in one place. The vast majority of the wallets total funds is in Ethereum (ETH), with over $305 million. 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. The latest surge in the world's second-largest cryptocurrency has pushed the total value of Buterin's ETH holdings above $1 billion. If any crypto billionaires out there want to make an offer on CNW, Twitter DMs are open! Vitalik had a wild ride during 2021 as far as his net worth was concerned. ETH is the only significant crypto holding in Vitalik Buterins wallet. when asked about FTX and other crypto companies that have collapsed this year. Notable mention: $0.07 worth of Tether USD! his net worth fluctuates rapidly with the price of his holdings. Looking at his primary wallet addresses, Buterin owns about 352,000 ETH at a current value of $46 million. He also owns $265 million worth of Dogelon and $21 million of HuskyToken. Buterin also likened Bankman-Fried to a 1930s dictator, implying that he saw a cult of personality of sorts surrounding the now-infamous executive. Vitalik Buterin, co-creator of Ethereum, recently became one of the world's richest people with a net worth topping $21 billion. A private note (up to 500 characters) can be attached to this address. 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.. Vitalik Buterin, the Co-Founder of Ethereum, is now a crypto billionaire.

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