The price of Ethereum surged to an all-time high of $3,188 today. to Uniswap and then further split into denominations of different stablecoins, according to Etherscan data. Vitalik Buterin, co-creator of Ethereum, recently became one of the world's richest people with a net worth topping $21 billion. The bitcoin developer disclosed the main ether address in October 2018. 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.. The latest spike in the price of the second-largest cryptocurrency in the world has forced the total value of the ETH holdings of Buterinn above $1 billion. That's exactly what's happening with NFTs. Vitalik Buterin, the Co-Founder of Ethereum, is now a crypto billionaire. He communicated those thoughts in a note attached to an ether transaction created on the evening of May 16. UPDATE: This story has been updated to note that Evan Van Ness, a prominent developer in the Ethereum community, said Vitalik Buterin told him the wallet in question is not his. 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. For example a house, a car, a piece of art or even stocks. ", He confirmed that this isn't his address, so this is fake news. (Vitalik Buterin, : , 1994 1 31 ~ ) , . Learn more about addresses in our Knowledge Base. I don't *want* to be a locus of power of that kind, he said. A wallet address is a publicly available address that allows its owner to receive funds from another party. 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. Buterin's ETH holdings are now worth over $1 billion. vitalik.eth (@VitalikButerin) October 10, 2018. Vitalik Buterins Net Worth in 2023: How Rich is the Founder of Ethereum? The last time he commented about his salary he revealed he was making roughly $144,000 per year. ", "Fortune The Ledger 40 under 40: Vitalik Buterin", "Dies Academicus of the University of Basel: Honorary doctorates for Hansjrg Schneider and Vitalik Buterin", "Ethereum cofounder Vitalik Buterin joins Joe Biden and Billie Eilish on Time's 100 most influential people list", "SENS Research Foundation Receives $2.4 Million Ethereum Donation From Vitalik Buterin", "Vitalik Buterin: The Best Thing to Donate Money to is The Fight Against Aging", "SENS Research Foundation 2018 Annual Report", "Ethereum Luminary Makes $1 Billion Covid-19 Giftin Shiba Inu Coin", "The world of crypto philanthropy is about to get weird", "Here's What's Become of the $1 Billion India Covid Aid Crypto Donation", "Ethereum creator donates $1 billion worth of meme coins to India", "Vitalik Buterin Donates More than $2 Million to the Methuselah Foundation", "Ethereum Creator, Vitalik Buterin, Donates Over $1B to India COVID Relief", "Reminder: Ethereum is neutral, but I am not", "When War Hits, Even Crypto Can't Stay Neutral", " . Be a smarter, safer investor in eight weeks. Evan Van Ness, a prominent, long-time Ethereum developer, responded to reports of these transactions by saying that Buterin told him the wallet in question is not his, "so this is fake news. Though that doesn't just include sales, it also includes some gifts and charity donations. Finally, he owns equity in two multi-million dollar startups, Clearmatics and StarkWare. 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. On the afternoon of May 12, Vitalik began dumping huge chunks of the dog coins. His Ether address, which he disclosed on Twitter in 2018 as his main Ether wallet (noting that also includes donations and charity), currently holds 333. . All of the large trades. Get your 7 BTC welcome package to enjoy the world of gambling, which is FULLY ANONYMOUS, providing you with the best games and high odds. At Ethereums peak value last November, Buterin had more than $1.5 billion worth of ETH in his cryptocurrency wallet. The highest number of Ethereum in Buterins wallet was 325,001 and was recorded in July 2021, per Etherscan data. SHIB/USD. Ethereum co-founder Vitalik Buterin donated $1 billion worth of shiba inu coin a dogecoin spinoff to a Covid-19 relief fund in India . The wallet also owns the Ethereum Name Service domain name iiiiiiii.eth, according to its OpenSea profile. Vitalik Buterin was born in Russia in 1994. After the transfer, the wallet ending in 52b0 still has nearly $3.3 million worth of ETH in it. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. when asked about FTX and other crypto companies that have collapsed this year. Vitalik Buterin held as much as $1.5 billion worth of ETH in his wallet last November. Democratizing Investing: A Revolution in the Making? investing. 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B, A wallet address is a publicly available address that allows its owner to receive funds from another party. I think the initial creator must have sent him some). , implying that he saw a cult of personality of sorts surrounding the now-infamous executive. Copyright 2023 "Finance Magnates CY Ltd." All Vitalik has also been involved in a number of blockchain projects. Private Company. However, the current salary of Vitalik Buterin is estimated to be somewhere between 140,000 and 250,000 USD. The magazine is considered the first serious publication dedicated exclusively to cryptocurrency news and information. Thinly veiled as them burning half the coins in circulation, but they probably still own a shit ton of SHIB.". Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Clearmatics is a London-based company designing protocols for DeFi while StarkWare is building privacy software using zero-knowledge proofs. 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. These ERC-20s include Augur (REP), Maker (MKR), Kyber Network (KNC), and OmiseGO (OMG). A couple of years ago, the idea that anyone would ever become a billionaire from cryptocurrency would have sounded like pure lunacy. 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 Whale Alert highlighted a transfer of 16,323 ETH worth more than $50 million today from crypto exchange Binance to an unknown digital wallet. The latest moves in crypto markets, in context. This happened several minutes prior to moving a number of little-known cryptocurrencies that were given to him, which were subsequently sold off. Ethereum co-founder Vitalik Buterin has an estimated net worth of more than $300 million, which takes into account one of his publicly known crypto wallets. The crowdsale for Ethereum began in July of 2014 and raised Bitcoin worth, at the time, $18.3 million. The latest surge in the world's second-largest cryptocurrency has pushed the total value of Buterin's ETH holdings above $1 billion. Buterin is . Users receive $50-$100 a month worth of the token, whose value fluctuates along with the larger cryptocurrency market. Ethereum is currently trading above $3,150 with a market cap of more than $365 billion. Of that $21 billion, roughly $1.3 billion came from his stash of 333,000. Read this Term, ETH and other cryptocurrency assets. I lose a lot of reputation. Ethereum co-founder Vitalik Buterin has burned 90% of his Shiba Inu coin (SHIB) holdings, an amount worth $6.7 billion. Vitalik Buterin, co-founder of the Ethereum blockchain platform, is the latest casualty in the dramatic collapse of crypto fortunes. Buterin has other ETH addresses as well but they are small compared to his main public address. Les tentatives d'envoi d'une deuxime transaction ont chou. 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. News and analysis for the professional investor. ETH is the only significant crypto holding in Vitalik Buterins wallet. Today, Vitalik Buterins cryptocurrency portfolio amounts to roughly $82 million, composed mostly of Ethereum, Bitcoin, Bitcoin Cash, Doge, and Zcash. 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. ", "The VitalikAddress Truthers confound me," Van Ness replied. Looking at the rest of his finances, Crypto Briefing estimated his fiat holdings at $12 million, bringing his net worth up to $94 million. CoinCodex is a cryptocurrency data website that tracks 23380 cryptocurrencies trading on 420 exchanges and provides live crypto prices. A private note (up to 500 characters) can be attached to this address. As of this writing, I count dozens of random coins in Vitalik's wallet. Though the cleared meme coins wre valued at $4.3 million (roughly over Rs. Buterin disclosed his personal ETH address in October 2018, noting that it also includes donations to charity. -0.23%. ", "Ukraine raises over $15 mn in crypto post Russian invasion", "An opportunity to support Ukrainians here! It appears as though a bunch of other stunt coins have begun gifting Vitalik huge shares of coins as well. Vitalik Buterin held as much as $1.5 billion worth of ETH in his wallet last November. 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. Right before the transfer, Ethereums figurehead also sent 5,000 ether worth $20.5 million to the same address. 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? Vitalik Buterin said "shame on bitcoin maximalists" who uncritically praise El Salvador's President Nayib Bukele. 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. Ethereum co-founder Vitalik Buterin cleared a large number of meme coins from his wallets again. Ethereum's co-founder Vitalik Buterin, who became the world's youngest known crypto billionaire less than two weeks ago, has donated over $1 billion in crypto to the India Covid Relief Fund and. 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. This gave the foundation and its founders a little under 12 million ETH, which now represents about 11% of the circulating supply. Yea I got that. Read this Term, is now a crypto billionaire. Keep track of your holdings and explore over 10,000 cryptocurrencies. This introductory paper was originally published in 2014 by Vitalik Buterin, the founder of Ethereum, before the project's launch in 2015. Additionally, this transfer is not being seen as a bearish move or signal that Buterin is stepping away from Ethereum by cashing out. Vitalik Buterin Net Worth. Though Buterin hasnt publicly revealed his financial position, his wallet addresses and public statements are enough to get a decent estimate. 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 The rest of his fortune was made up of dog-themed tokens that he was gifted. Vitalik Buterin doesn't earn only from cryptocurrency holdings. By continuing to use this website, you agree to its Terms and Privacy Policy. Buterin is a well-known figure in the crypto space and is respected for his technical and philosophical contributions to the industry. As we mentioned previously, Vitalik Buterin owns 333,521 ETH. . 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 biggest crypto news and ideas of the day. Its far less valuable than the wallet operated by major cryptocurrency exchanges and token issuers. However, Vitalik Buterins net worth could be much higher, as his investments and other crypto holdings are not publicly known. Head to consensus.coindesk.com to register and buy your pass now. Vitalik Buterin moved 30,000 ETH out of his main wallet to the one used for sales, gifts and donations to charities. Siri says that over the past 11 months, 14,000 users, most of them outside the. Notable mention: $0.07 worth of Tether USD! This website uses cookies to improve your experience. 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. vitalik.eth (@VitalikButerin) August 17, 2020. It has since become one of the leading blockchain platforms in the world, with a market capitalization of roughly $150 billion as of December 2022. This year weve seen a huge number of things that break because they have a model which is fundamentally bad, Buterin said when asked about FTX and other crypto companies that have collapsed this year. Here's a screenshot of the public wallet: Where's that other $15 billion coming from? Though he did not specify the precise investment in each of these coins, we gave each coin an equal allocation of 15% of the value of his ETH, adjusted by historic prices, for simplicity. 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.. So Vitalik's stash of 333,000 are officially worth. Varying amounts of the 3,000 ETH were swapped into. From there his wealth only grew. Wallet developers should start thinking much more explicitly about privacy . 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. 13 crore) only, reports revealed, owing to the lack of liquidity in these tokens. His first major windfall was in 2014. Etherscan is a Block Explorer and Analytics Platform for Ethereum, a decentralized smart contracts platform. Anonymous play on awesome games - sign up now for 25 free jackpot spins - worth $100s! Buterin has sold coins from the wallet in August 2020. Learn more about addresses in our Knowledge Base. The highest number of Ethereum in Buterin's wallet was 325,001 and was recorded in July 2021, per Etherscan data. Ethereum co-founder Vitalik Buterin says he's no longer a billionaire Buterin created Ethereum in 2014 and is the owner of a digital wallet that as recently as November contained holdings. Assuming he held everything, these coins would make up 37% of his portfolio at current prices, or about $35 million. Vitalik Buterin is one of the most influential people in crypto. The worlds second-most valuable cryptocurrency crossed the market cap of $350 billion and became more valuable than the Bank of America. The transformation of value in the digital age. Buterin also likened Bankman-Fried to a 1930s dictator, implying that he saw a cult of personality of sorts surrounding the now-infamous executive. 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. In total, Buterins wallet has 644 different types of coins and tokens. 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. To access the funds in an address, you must have its private key. but ultimately, the entire amount was converted into USDC. Buterin has 250,001 ETH in his wallet as of December 23, 2022, worth over $305 million. According to my friend who very deep in the crypto world: "Probably as a publicity stunt the worked phenomenally well. As of Monday, Buterin's public Ether addresswhich he said in 2018 is his main crypto walletholds about 333,500 Ether worth $1.029 billion. Earlier this week Vitalik was suddenly one of the richest people in the world with a net worth that topped $21 billion. But that isnt all, Buterin also owns significant corporate shareholdings in two companies: Clearmatics and Starkware. 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. Your weekly wrap of Web3 news and trends. Vitalik Buterin is a famous cryptocurrency and blockchain developer, programmer, entrepreneur, and co-founder of the Ethereum network. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. Vitalik Buterin's Cryptocurrency Holdings Looking at his primary wallet addresses, Buterin owns about 352,000 ETH at a current value of $46 million. Vitalik Buterin, co-founder of the Ethereum blockchain technology and cryptocurrency, has burned 410 trillion Shiba Inu tokens. 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. Currently, Buterin's primary wallet contains over $810 million worth of ETH, along with around $2 million in other tokens. Bitcoin Probing the intersection of crypto and government. Vitalik suggests that wallet developers should start thinking much more explicitly about . Kind of brilliant actually hmmm. The recent crypto downturn has had a notably negative impact on Vitaliks net worth. His SHIB holdings are worth $18 billion. For security reasons, he explained that the coins. 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. As of this writing, a single Ether coin will cost you around $4,100. The news is as a result of the recent surge in price of ETH, which rose above $3,000 on Monday. At one point before donating or burning . CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. He said that he owns several other relatively small addresses. Ethereum also enables the creation Distributed Applications, or dapps. Varying amounts of the 3,000 ETH were swapped into USDC, USDT, DAI, and wrapped Bitcoinbut ultimately, the entire amount was converted into USDC.