A wallet address is a publicly available address that allows its owner to receive funds from another party. After years at $1 to $100, bitcoin jumped from under $1,000 in January 2017 to over $19,000 by December (the ebullience leaked out of the market, however it's now about $8,000). Bitcoin Connecting wallet for read function is optional, useful if you want to call certain functions or simply use your wallet's node. Vitalik has also been involved in a number of blockchain projects. To access the funds in an address, you must have its private key. The latest surge in the worlds second-largest cryptocurrency has pushed the total value of Buterins ETH holdings above $1 billion. 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. There is no greatness without a vulnerable point and as . A private note (up to 500 characters) can be attached to this address. Blatantly fabricating accusations against people in the Ethereum space is unacceptable. Buterin also has a substantial portion of his wealth in cash. Please enter your email address. Another wallet connected to Vitalik.ethwhich 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 exchange account last week. As explained in the Shiba Token Woof Paper: "We sent over 50% of the TOTAL supply to Vitalik. I think the initial creator must have sent him some) $1 million worth of Free Coin (wtf!) Between his three main wallets, he also holds ERC-20 tokens worth over $900,000. The latest entrant to the crypto billionaire club is Ethereum co-creator Vitalik Buterin. Democratizing Investing: A Revolution in the Making? Buterin developed an interest in Bitcoin at a young age and became involved in the cryptocurrency community while still in high school. Ethereum co-founder Vitalik Buterin destroys $7 trillion in Shiba Inu coins . Read this Term, is now a crypto billionaire. Vitalik Buterins net worth is $100 million. 2. Buterin has nothing to do with SHIB and he had no idea about the gift. Discover more of Etherscan's tools and services in one place. Vitalik Buterin Holdings Now Over 333,500 Ethereum Vitalik Buterin is one of the most influential people in crypto. the ones who actually decided these salary numbers) offered me $185k at one point; I declined, he said. However, during the interview, Vitalik Buterin said he was unsure about investing $25k in a small digital asset worth . Image source: Michael Ciaglo/Getty Images. These ERC-20s include Augur (REP), Maker (MKR), Kyber Network (KNC), and OmiseGO (OMG). Keep track of your holdings and explore over 10,000 cryptocurrencies. Vitalik excelled in mathematics, economics and computer science at a young age and was placed in a high school for gifted students. The currency officially launched in July 2015. Buterin also likened Bankman-Fried to a . I think the initial creator must have sent him some). 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 shows that Fiat is almost completely unnecessary and irrelevant in the new world of Cryptocurrency! ETH is the only significant crypto holding in Vitalik Buterins wallet. A private note (up to 500 characters) can be attached to this address. Varying amounts of the 3,000 ETH were swapped into USDC, USDT, DAI, and wrapped Bitcoinbut ultimately, the entire amount was converted into USDC. In a few hours he converted $60 million to Ether and donated the proceeds to various charities. Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. The price of Ethereum has risen 400% since January alone. By the way, Vitalik disclosed it himself publicly on Twitter, this is not a violation of his privacy: https://twitter.com/VitalikButerin/status/1050126908589887488, Vitalik's wallet address: https://etherscan.io/address/0xab5801a7d398351b8be11c439e05c5b3259aec9b, 333,520 Ether (valued at around $776 million), $78 million worth of Akita Inu (wtf! 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. when asked about FTX and other crypto companies that have collapsed this year. 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 mentioned transaction was recorded on Etherscan at 7:53 UTC. Also, there's likely a very artificially low supply of purchasable SHIB which is driving up the price significantly. Did you hear about how the artist Beeple sold a piece of digital art for $69 million? 2 years after learning about Bitcoin, at the age of 19, he wrote the Ethereum whitepaper. Making businesses accept a specific coin goes against the "ideals of freedom . "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 . The transformation of value in the digital age. As of this writing, a single Ether coin will cost you around $4,100. At the current ETH price, Buterin's Ether holdings on his main wallet "VB" amount to over $470 million. Privacy Notice Exchange between any crypto or fiat, effortless and instant, 0x07151ed9706e4dffb31eaaac2ed1be5c6f05a9eef63c8f7c6ecad9ca8731aa22, 0x0d26b1539304a214a6517b529a027f987cd52e70afd8fdc4244569a93121f144, 0x18e6249da0d913d792493c7e39c2e44758b156bd65a872168b3db9455e1566ec, 0x4a552d108de4ecc747bcffc7805af12f751f3f7a70ce44ce0bec1c3d33df839b, 0xa6eb83e02ad5ba485e7b6ed1ef2acdafa842a9202053e134d821b3ed86f99d5d, 0x937ec83e5cfa69a589651010b2adf311a2d898e9f847a56ea930b6824dada425, 0x951fac39d9c2b6a62368dd9aa0961d2cce9574ef5e5d19c69dcdb9198bcb04ff, 0xdcb3cf099701d05113f11a7265bc04be89780e7d827f8c579ee0e05b52a5611a, 0xbbbb3c04d2b89bafa5870b739cb8f4de24beaad2cf93bead12d2dcd7301b500f, 0x9e144b88b84d4bc7b5556e459e30a907334356ecf01bdd2b8fe368da77b90f0a, 0x8d0414e4228f728a8983113c1df8e58c94cf694c20b0470d75f7084ebe3fa58f, 0x683cd22d5e7668c73f389d294fb138021f19cbcc0703abaaebc6771a72eb1961, 0x6d8a97dd7bae8f1e36aee0bfa502d1121bb2a47a1f3d91ff7b732e2f1ab05163, 0x11d9ad169d3b8ee4dcb6fb3685f856eded942b6fc4e8aadeaa3cec838cdf7412, 0x283aeba684ca94e2e6c756137e4ce2ea05f5ccb27b7cf70847a612b5757cac68, 0x2c1795f051f5cde032f4dd4d81dd82ebe7a76943cc6f45622aba45cb52c2f3b4, 0xd53d09b85f629b219e6863a6891cdb0bbe10840640a401d511da0ef8ad49601b, 0xfde234ab5704025279d74d08ab4398a7b8adc7896b4a5de05762b7f113da470c, 0xa78340086da76f8bbbe29f580785aac99a09c2918b83d091a921c30414924cf5, 0x4ca9a9eefa46f8cb462d79c7e8db53a036ff864a126fe7761b49a18bad932f69, 0xf81df6be37a13ea410269e97fa025f0c5f1b83480bf3715c38c87009f0d2cfac, 0xc40a662194e0ee40d0bec31f72918ee6f5e2a5b5941ed4a6cbe5b7cce2fafb9b, 0xc63068b553d7f6cac9db79ca33b33f4c7f5b5aab1b9ffd1ed14b02f8e1e5e4b2, 0xb3ce70403ef7436bf62a8ada834c01ca4b6610efc2d57bd632b054a6491170b2, 0xcd5b7d48df55c42449d8fdd15916aa4668c05651d7de5890e275dd2396fb52e0, 0x050f28a4bb82979c1d894cfefa5eb6a25b661ed78116d9a2554cbeb124ce0001, 0x52f0d6b015e4cef0b744fd532543b631731b29154a3b76c541c9135cd3ce0130, 0xbc553cdfbc7e2d0d925510e6812e8e49d16ae0d98614a9ba71febd05b8bc6211, 0xfa60ae4554d8708e649baf4d5f53cb1d25148d3b7e5af9b976dba80466c0be22, 0x404dce5580fb197e92a8aff59069674bbe1c48fa03127ff3c0730b883d6c7b9c, 0xf06007ac7b7e556c7f9197270e6b5ab0900cad474acd9b16943ca75220c06bb2, 0xfdea263e7d5d2f4e6ce7affe181498d1c1214c536cda7f782ef0223d07b01877, 0x74216f53d255ce49606f0702d0609fc2b81b40764f27ea3ff561d99bade0200a, 0x4c2c004fd5f6f6cd588ca47a5e256ad3c31eb31dab367f773733ff0d7fd3fc87, 0xde1347946cd63ae5b3d20ab5ae606df044f9b3c6d8b8b0f12e93f53e1671d14b, 0x3b7b4bfd8f73cd0f9072392c27bc9f05fad5a6b710f4a1c3ed2452f822cbfe1a, 0xce8ec032e3d892be35856d4451469b3ff45703f2cec0c6b6e8973a4ee3a6fc9d, 0xdf8e6087d2358f5be9697db27641fb2c804369c4326c76b648fb9e4391c25bf5, 0xd509bc79dcf356a7a6f27ce2bdf0b67f07a8f3202922b3fea61049a5db140a26, 0xd660be763692657775690ba13ca586e2627925a3161f7903aee8ff5be50c7ed6, 0xd29c2f8e5c10e939b795bd77f4c309f8d39cfc54d5c0beab624044bedd191bff, 0x099715ad1150a0d87c7145d6348af78f98cdccb7a21ba4fe9f4e8513a91ce58d, 0x8ba59ce7293a98e56e4a9c8f560a048fd9659f14093f5910d84c51c73cb29237, 0xc15e8a73ab125c01257a66a364daea64f517ed2255655e335fd1fffd679033fe, 0xfd04acfdd3a3101e1e3ba6d4696e2188c86ffafbc935b73d7e51a5b56836a39f, 0xb79d43002d362efecf5b8d4a2f383155d72bedc15ef5e1bd329cf74b70173109, 0x5fc44cdf179696a529230ab955f10169b89c86dae8711ab51a33ebfc9f28b53c, 0x87bcc32349b649c0c32f8b639f7d0abd1971a72c07784140efc4d2a464e51a9f. By continuing to use this website, you agree to its Terms and Privacy Policy. 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. Looking at the rest of his finances, Crypto Briefing estimated his fiat holdings at $12 million, bringing his net worth up to $94 million. If I'm lying, Vitalik can easily disprove it with a tweet. Vitalik Buterin told Lex Fridman that he bought $25,000 worth of DOGE in 2016, while the cryptocurrency was still relatively unknown. Decrypt has tried to reach Buterin directly for independent confirmation. 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. SHIB/USD. Vitalik Buterin Net Worth. 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 In the woofpaper they revealed that they sent 50% of all SHIB, roughly 505 billion coins, to Vitalik's wallet without his knowledge. The recent crypto downturn has had a notably negative impact on Vitaliks net worth. As of this writing, a single Ether coin will cost you around $4,100. 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. ", "Ukraine raises over $15 mn in crypto post Russian invasion", "An opportunity to support Ukrainians here! Vitalik Buterins Net Worth in 2023: How Rich is the Founder of Ethereum? Learn more about addresses in our Knowledge Base. 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. Earlier this week Vitalik was suddenly one of the richest people in the world with a net worth that topped $21 billion. Vitalik Buterin has a crypto wallet that holds $305,197,377 in different types of coins and assets, as of December 23, 2022. Ethereum co-founder Vitalik Buterin has shared some of his personal user experiences with the network and crypto payments. Today there are at least a dozen known individuals, including the Winklevoss twins, who are officially billionaires thanks exclusively to their crypto holdings. The value of ether in Buterin's closely watched public wallet stood at . A recent investigation has revealed that Vitalik Buterin has moved more than $1.3 billion worth of ether from his main Ethereum address to another account. 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. As of this writing, Vitalik owns $700m worth of AKITA. The community has closely watched Buterins addresses for fear that a huge sell-off indicates that the market has peaked. The network has come a long way since its inception, "but more still needs to be done," he concluded. Others in the foundation (ie. I'm the Director of Digital Asset Research at Forbes. 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.. Vitalik Buterin owns around 333,000 Ethereum coins. 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 second-largest cryptocurrency by market cap is now worth about $1,234, according to CoinGecko price data, down from $1,605 the previous week. Users receive $50-$100 a month worth of the token, whose value fluctuates along with the larger cryptocurrency market. Copyright 2023 "Finance Magnates CY Ltd." All If any crypto billionaires out there want to make an offer on CNW, Twitter DMs are open! In 2014, Buterin deployed the Ethereum blockchain with Dimitry Buterin, [citation needed] Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin. vitalik.eth (@VitalikButerin) August 17, 2020. Crypto Briefing calculated his Ethereum holdings on the day of his statement. A couple of years ago, the idea that anyone would ever become a billionaire from cryptocurrency would have sounded like pure lunacy. The vast majority of the wallets total funds is in Ethereum (ETH), with over $305 million. This gave the foundation and its founders a little under 12 million ETH, which now represents about 11% of the circulating supply. In 2018, Buterin described his public Ether address as his main wallet, which has hit $1 billion on its balance. The magazine is considered the first serious publication dedicated exclusively to cryptocurrency news and information. . Three transactions of 1,000 ETH each were sent from the wallet ending in 52b0 to Uniswap and then further split into denominations of different stablecoins, according to Etherscan data. At the current price I'm seeing of $3,900, Vitalik's ETH stash is worth $1.3 billion. The *ethereum foundation* sold at ~$1200, and that money has gone into devs and grants since then. Etherscan is a Block Explorer and Analytics Platform for Ethereum, a decentralized smart contracts platform. He transferred $1 billion worth of SHIB to India's Covid relief fund. We do not give personalized investment advice or other financial advice. From there his wealth only grew. Vitalik Buterin owns around 333,000 Ethereum coins. In August 2020, one quadrillion SHIB tokens were minted. Buterin's vision for the Ethereum blockchain was to create a decentralized platform that would allow developers to build and deploy dApps on top of it. The biggest crypto news and ideas of the day. 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. The information on this website is subject to change without notice. Here's what's happened to SHIB's price in the last few weeks: The value of SHIB has increased more than 700% in the last week alone. According to Etherescan, the public Ethereum address of Buterin now has 333,520 ETH with a total value of $1.05 billion. 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 His first major windfall was in 2014. Cancel anytime. I don't *want* to be a locus of power of that kind, he said. This makes him one of the largest individual ETH owners, at least in terms of the amount of funds deposited into a single account. 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. This kernel of an idea led to the 2014 announcement of Ethereum. 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. first person in history to lose $200 billion. Currently, Buterin's primary wallet contains over $810 million worth of ETH, along with around $2 million in other tokens. 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. Though Buterin hasnt publicly revealed his financial position, his wallet addresses and public statements are enough to get a decent estimate. Jed McCaleb, the co-founder of Ripple, also has a history of selling his XRP holdings. Buterin has also been recognized as one of the top 100 most influential people in the world by Time Magazine. Vitalik Buterin held as much as $1.5 billion worth of ETH in his wallet last November. There are also 4119 NFTs in the wallet, although their exact value is unknown. 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. Yet, the story of the group is one. In 2011 he co-founded Bitcoin Magazine, which has often been referred to as the first serious crypto publication. 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 Chapter 11 bankruptcy in the U.S. Vitalik Buterin( @VitalikButerin) sold 3,000 $ETH ($3.75M) on #Uniswap 2 days ago. He communicated those thoughts in a note attached to an ether transaction created on the evening of May 16. Probing the intersection of crypto and government. 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. Sign up for Crypto for Advisors, our weekly newsletter defining crypto, digital assets and the future of finance. When buying and selling crypto is easier than shopping on Amazon. Thinly veiled as them burning half the coins in circulation, but they probably still own a shit ton of SHIB.". Adjusting his Ethereum holdings back to February 2019 levels, his holdings would amount to roughly 2,000 BTC, 58,000 BCH, 140,000 ZEC, and 3.6 million DOGE. The news is as a result of the recent surge in price of ETH, which rose above $3,000 on Monday. Vitalik Buterin is a co-founder of Ethereum and one of the leading figures in the cryptocurrency and blockchain industry. Vitalik Buterin isn't among them -- even though the meltdown wiped out a huge chunk of his personal wealth. According to Nicholas Gans, director of research and development at Inca Digital, a crypto data and intelligence provider based in Washington, D.C., the new address is generated via gnosis safe, a platform which allows one to manage assets on the Ethereum blockchain and enables multi-sig transactions. Other benefits include potential privacy improvement and security, as the contract is formally verified, says Gans. 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.. His family moved to Canada when he was six. He has amassed substantial wealth thanks to his role in creating Ethereum. An article published by Forbes in mid-2018 estimated that his wealth was between $100 and $200 million. Buterin Burns $6.7B in Shiba Inu Buterin disclosed his main ether. When you combine all of these holdings, Vitalik Buterin's net worth is, At $16.3 billion net worth, according to our list of the richest people in the world, Vitalik Buterin currently ranks at, (Photo by John Phillips/Getty Images for TechCrunch). 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. I've decided to burn 90% of the remaining shiba tokens in my wallet. Additionally, this transfer is not being seen as a bearish move or signal that Buterin is stepping away from Ethereum by cashing out. The wallet also owns the Ethereum Name Service domain name iiiiiiii.eth, according to its OpenSea profile. 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. 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. Here's a screenshot of the public wallet: Where's that other $15 billion coming from? That's second only to Bitcoin's $1.1 trillion. 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. Ethereum founder Vitalik Buterin sold off his memecoin holdings last night, causing chaos for the cryptocurrencies that burned him the tokens in the first place.. Buterin transferred the likes of Shih Tzu (SHIH), Dogey-Inu (DINU), Huskey Token (HUSKY), Kishu Inu (KISHU), Baby Shiba (BHIBA) and Aidi Inu (AIDI) to Uniswap in return for Wrapped Ethereum (WETH). Private Company. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. cheers ***. En 2022, Vitalik Buterin a une nouvelle fois fait les frais des frais de transactions. He has received numerous awards and accolades for his work, including the World Technology Award for Information Technology in 2014 and the Peter Thiel Fellowship in 2014. 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. 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 . As we mentioned previously, Vitalik Buterin owns 333,521 ETH. Ethereum co-founder Vitalik Buterin has burned 90% of his Shiba Inu coin (SHIB) holdings, an amount worth $6.7 billion. Since then, the prices for these coins have fluctuated substantially, in line with the massive amounts of volatility in the market. Currently, the wallet holds 333,520 ETH, or just over $1.06 . -1.14%. Nor is Buterin adept at calling the market top. 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. 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. Vitalik Buterin's transaction The Ethereum co-creator added that holding the remaining tokens in his public wallet forever was not an option. For example a house, a car, a piece of art or even stocks. Terms, Cookies According to Etherscans list of the largest Ethereum account balances, Buterin is placed number 26th and accounts for roughly 0.207% of all ETH in circulation. ***UPDATE*** As of 8pm EST on Monday, Vitalik's net worth is actually $21 billion!!! He holds a little over $1 billion of Ethereum in a single wallet. These ERC-20s include Augur (REP), Maker (MKR), Kyber Network (KNC), and OmiseGO (OMG). Vitalik Buterin doesn't earn only from cryptocurrency holdings. 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. His SHIB holdings are worth $18 billion. ", "The VitalikAddress Truthers confound me," Van Ness replied. pDOTn/USD. The trove of more than 410 trillion tokens was sent to a dead blockchain address late on Sunday, taking them out of circulation. The crowdsale for Ethereum began in July of 2014 and raised Bitcoin worth, at the time, $18.3 million. True believers in Ethereum see the currency eventually being a crucial element any time someone buys a major asset, physical or not. Photo Illustration by The Daily Beast / Photo GettyThe world's youngest crypto billionaire donated approximately $1.5 billion to a COVID relief fund and other charitiespaid out almost entirely in a selection of meme cryptocurrencies named for different dog breeds that then tanked in value.Vitalik Buterin, whose personal fortune first surpassed $1 billion early last week, donated several . Two other. At the time they made the transfer, 505 billion SHIB were worth around $8.6 million thanks to it's price of $0.000000017. Vitalik Buterin said "shame on bitcoin maximalists" who uncritically praise El Salvador's President Nayib Bukele. However, Vitalik Buterins net worth could be much higher, as his investments and other crypto holdings are not publicly known. While merely moving ones cryptocurrency might not typically constitute breaking news, Buterins move is notable as it is among the first times the inventor of Ethereum moved the vast majority of his own stake. 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 sold coins from the wallet in August 2020. Getty Images. Finance Magnates is a global B2B provider of multi-asset trading news, Buterins public ETH address now holds more than 333,500 Ethereum. The latest surge in the world's second-largest cryptocurrency has pushed the total value of Buterin's ETH holdings above $1 billion. But it is possible he might want to sell a portion given its recent price appreciation. Ether is currently worth $4,100, an increase of 91% over the past month. So Vitalik's stash of 333,000 are officially worth. "I've decided to burn 90% of the remaining Shiba tokens in my wallet," Mr Buterin - whose holdings in SHIB . The crypto crash of the past few days has shocked investors around the world. To access the funds in an address, you must have its private key. According to Buterin, this action was to fend off critics from misinterpreting his transactions. Buterin has been . promo. Buterin did not disclose the exact amount invested nor his equity holdings in each of the startups. At Ethereums peak value last November, Buterin had more than $1.5 billion worth of ETH in his cryptocurrency wallet. Vitalik Buterin isn't among them -- even though the meltdown wiped out a huge chunk of his personal wealth.

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