News and analysis for the professional investor. 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. ", "Ukraine raises over $15 mn in crypto post Russian invasion", "An opportunity to support Ukrainians here! Vitalik Buterins personal wallet has more than 1 billion in ETH. 2. 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B, A wallet address is a publicly available address that allows its owner to receive funds from another party. Did you hear about how the artist Beeple sold a piece of digital art for $69 million? CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. We do not give personalized investment advice or other financial advice. Between his three main wallets, he also holds ERC-20 tokens worth over $900,000. 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.. He also owns $265 million worth of Dogelon and $21 million of HuskyToken. 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. Ethereum co-founder Vitalik Buterin destroys $7 trillion in Shiba Inu coins . Notable mention: $0.07 worth of Tether USD! 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 . Buterin disclosed his main ether. Buterin is . Keep track of your holdings and explore over 10,000 cryptocurrencies. His SHIB holdings are worth $18 billion. That's second only to Bitcoin's $1.1 trillion. 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. Ethereum 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. The magazine is considered the first serious publication dedicated exclusively to cryptocurrency news and information. research and events with special focus on electronic trading, banking, and , implying that he saw a cult of personality of sorts surrounding the now-infamous executive. Finally, he owns equity in two multi-million dollar startups, Clearmatics and StarkWare. Known as "Bitcoin Jesus," Roger Ver was one of the earliest promoters of Bitcoin back in 2011. This introductory paper was originally published in 2014 by Vitalik Buterin, the founder of Ethereum, before the project's launch in 2015. Buterin has also stated that the remaining 10% of his holdings will be donated to charity. Vitalik Buterin held as much as $1.5 billion worth of ETH in his wallet last November. Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. If Vitalik is lying, it's the dumbest thing in the world to lie about.". Looking at his primary wallet addresses, Buterin owns about 352,000 ETH at a current value of $46 million. Vitalik had a wild ride during 2021 as far as his net worth was concerned. As mentioned earlier, pinpointing Vitalik Buterins net worth is virtually impossible due to the nature of private investments. Etherscan is a Block Explorer and Analytics Platform for Ethereum, a decentralized smart contracts platform. Ethereum registered an all-time high of $3,200 today after a jump of more than 10% within the last 24 hours. The price stayed fairly flat, under $10, from its launch until mid-2017. Blatantly fabricating accusations against people in the Ethereum space is unacceptable. Take a loot at what's happened in the middle of 2018 and in the last few months: As of this writing, Ethereum has a market cap of $450 billion. The latest surge in the worlds second-largest cryptocurrency has pushed the total value of Buterins ETH holdings above $1 billion. The billionaire Canadian-Russian programmer had been gifted more. I do not expect he has the intention of selling his Ether, says Shimron. By continuing to use this website, you agree to its Terms and Privacy Policy. Buterin has other ETH addresses as well but they are small compared to his main public address. 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. He was born in 1994 in Russia, but spent most of his early life in Canada. Read this Term, is now a crypto billionaire. Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. the ones who actually decided these salary numbers) offered me $185k at one point; I declined, he said. 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. Vitalik Buterin lists problems with Ethereum network. He communicated those thoughts in a note attached to an ether transaction created on the evening of May 16. Labelling itself a DOGE killer, SHIB has seen a price increase of nearly 900% in the last two weeks, culminating in an all-time high of $0.00003791 May 10 and listings on major exchanges such as Binance and Huobi. The Co-Founder of Ethereum recently donated 100 ETH to a COVID-19 relief fund in India. Of the total supply, 50% was put into Uniswap and the other 50% was "burned," or sent to Ethereum founder Vitalik Buterin's wallet. In August 2020, one quadrillion SHIB tokens were minted. He transferred $1 billion worth of SHIB to India's Covid relief fund. Though that doesn't just include sales, it also includes some gifts and charity donations. 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. September 15, 2021 7:19 AM EDT. As of this writing, I count dozens of random coins in Vitalik's wallet. Buterin also said in his note that he would prefer makers of cryptocurrencies give them to charities and not to him. 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. The Ethereum team raised 31,500 BTC in their ICO, and the mainnet officially launched in 2015. 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. 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. 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. . Democratizing Investing: A Revolution in the Making? As of this writing, a single Ether coin will cost you around $4,100. when asked about FTX and other crypto companies that have collapsed this year. 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. 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.. Buterin, who attended LaBitConf in Argentina last week, expressed his disapproval of FTX CEO, This year weve seen a huge number of things that break because they have a model which is fundamentally bad, Buterin. I'm the Director of Digital Asset Research at Forbes. I've decided to burn 90% of the remaining shiba tokens in my wallet. According to my friend who very deep in the crypto world: "Probably as a publicity stunt the worked phenomenally well. The wallet now holds $62 million worth of Ethereum. This website uses cookies to improve your experience. An article published by Forbes in mid-2018 estimated that his wealth was between $100 and $200 million. -1.14%. Between his three main wallets, he also holds ERC-20 tokens worth over $900,000. In 2018, Buterin described his public Ether address as his main wallet, which has hit $1 billion on its balance. Vitalik Buterin, co-founder of the Ethereum blockchain technology and cryptocurrency, has burned 410 trillion Shiba Inu tokens. Ethereum is currently trading above $3,150 with a market cap of more than $365 billion. The gift was given to him by the creators of a dogecoin knockoff called Shiba Inu, aka "SHIB.". The highest number of Ethereum in Buterins wallet was 325,001 and was recorded in July 2021, per Etherscan data. CoinDesk journalists are not allowed to purchase stock outright in DCG. The mentioned transaction was recorded on Etherscan at 7:53 UTC. His third-largest holding (after Ether and SHIB) is a coin called Akita Inu. Vitalik Buterin. A wallet believed to be controlled by Ethereum co-founder Vitalik Buterin sold 3,000 ETH over the weekend,. Users receive $50-$100 a month worth of the token, whose value fluctuates along with the larger cryptocurrency market. Vitalik Buterins net worth is $100 million. Though the cleared meme coins wre valued at $4.3 million (roughly over Rs. In a few hours he converted $60 million to Ether and donated the proceeds to various charities. To date, Clearmatics has raised $13 million and StarkWare has raised $36 million, according to Crunchbase. Be a smarter, safer investor in eight weeks. The 27-year-old Russian-Canadian programmer. Its far less valuable than the wallet operated by major cryptocurrency exchanges and token issuers. We calculated his net worth. Vitalik Buterin said "shame on bitcoin maximalists" who uncritically praise El Salvador's President Nayib Bukele. Buterin has nothing to do with SHIB and he had no idea about the gift. ***. It appears as though a bunch of other stunt coins have begun gifting Vitalik huge shares of coins as well. Here's a screenshot of the public wallet: Where's that other $15 billion coming from? At the current ETH price, Buterin's Ether holdings on his main wallet "VB" amount to over $470 million. When you include Vitalik's holdings, SHIB is the 12th-largest cryptocurrency in the world. Between his cryptocurrency holdings, cash, and equity, its possible to calculate the Ethereum co-founders wealth. Jed McCaleb, the co-founder of Ripple, also has a history of selling his XRP holdings. Vitalik Buterin Sent Away Trillions of Unwanted Dog Coins, but More Keep Rolling In Women Get 90% Off 2+ Passes - Learn More Crypto Prices CoinDesk Market Index TV & Videos Newsletters Podcasts. In his senior year of high school, Vitalik and a group of friends co-created Bitcoin Magazine. That makes the project's 27-year-old co-founder, Vitalik Buterin, one of the richest men in the world. However, Vitalik Buterins net worth could be much higher, as his investments and other crypto holdings are not publicly known. Privacy Notice A wallet address is a publicly available address that allows its owner to receive funds from another party. Assuming he held everything, these coins would make up 37% of his portfolio at current prices, or about $35 million. That said, while a blockchain can show how money moves, it doesnt tell you why. In March of 2019, in a now-deleted tweet, Buterin said that his fiat holdings are well under $30m, attributed to $8 million in charitable contributions he disclosed. In my opinion, we dont talk about the security issues in the crypto market enough because no one is willing to admit they lost $200,000, because if you admit you lost $200,000, you look like an idiot, he said during the conversation. The second most valuable wallet collects deposits to Ethereum 2.0; that wallet holds 4.137 million ETH ($1.3 billion). Crypto Briefing calculated his Ethereum holdings on the day of his statement. Buterin's cryptocurrency holdings represent the largest chunk of his wealth, worth $82 million at today's prices. It received the ENS name via transfer back in May from a wallet that may also belong to Buterin. How Ethereum's evolution impacts crypto markets. That's exactly what's happening with NFTs. Ether's distinguishing feature is its focus on digital contracts that potentially have very valuable real-world applications. Vitalik Buterin's website . vitalik.eth (@VitalikButerin) August 17, 2020. The second-largest cryptocurrency by market cap is now worth about $1,234, according to CoinGecko price. Vitalik Buterin doesn't earn only from cryptocurrency holdings. Today, Vitalik Buterins cryptocurrency portfolio amounts to roughly $82 million, composed mostly of Ethereum, Bitcoin, Bitcoin Cash, Doge, and Zcash. and Initially he dismissed it, but Buterin eventually connected with the . Looking at the rest of his finances, Crypto Briefing estimated his fiat holdings at $12 million, bringing his net worth up to $94 million. The transactions all occurred around 3 am Argentina time on Saturday. Buterins public ETH address now holds more than 333,500 Ethereum. Back in 2018, the Ethereum co-founder posted his main wallet address. Hes already sold about 60 million XRP this month; the sales netted him $95.4 million. Yet that's not the number you see right now on Vitalik's public wallet. . Vitalik Buterin is a Russian-Canadian computer programmer best known as a co-founder of the Ethereum network. As we mentioned previously, Vitalik Buterin owns 333,521 ETH. 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. His selling price is $1,250.3.https://t.co/3tsa4kaHNb pic.twitter.com/ZdWcOaL86Q, Lookonchain (@lookonchain) November 14, 2022. 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. investing. The latest moves in crypto markets, in context. but ultimately, the entire amount was converted into USDC. Decrypt has tried to reach Buterin directly for independent confirmation. Buterin suggests that the way to add guardians should be to provide their ETH address, and recovery should be done by smart contract, using ERC-4337 account abstraction wallets. Vitalik suggests that wallet developers should start thinking much more explicitly about . 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. Ethereum co-founder Vitalik Buterin has shared some of his personal user experiences with the network and crypto payments. CoinCodex is a cryptocurrency data website that tracks 23380 cryptocurrencies trading on 420 exchanges and provides live crypto prices. The price of Ethereum has risen 400% since January alone. The self-described NFT collector Justin Trimble said. Vitalik Buterin isn't among them -- even though the meltdown wiped out a huge chunk of his personal wealth. 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. Vitalik Buterin isn't among them -- even though the meltdown wiped out a huge chunk of his personal wealth. I think the initial creator must have sent him some) $1 million worth of Free Coin (wtf!) The trove of more than 410 trillion tokens was sent to a dead blockchain address late on Sunday, taking them out of circulation. (Vitalik Buterin, : , 1994 1 31 ~ ) , . Making businesses accept a specific coin goes against the "ideals of freedom . With an Ethereum-powered digital contract, an artist might opt to sell their catalog with a clause that allows them to earn a fee every time the catalog is sold again, in perpetuity. This is more . Vitalik Buterin, co-founder of the Ethereum blockchain platform, is the latest casualty in the dramatic collapse of crypto fortunes. 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. Right before the transfer, Ethereums figurehead also sent 5,000 ether worth $20.5 million to the same address. 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. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. 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. Please enter your email address. Ethereum also enables the creation Distributed Applications, or dapps. Moreover, Ethereum whales have accelerated their transfer activities amid the latest jump in ETH. ", "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", " . He said that he owns several other relatively small addresses. 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. Ethereum co-creator Vitalik Buterin has moved $1.3 billion worth of ether, almost all of his holdings, from his main public address to a separate wallet. Vitalik Buterin was born in Russia in 1994. 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. Although the recent price hike of Ethereum boosted Buterin's total assets, only $1.3 billion resulted from his ETH holdings. Connecting wallet for read function is optional, useful if you want to call certain functions or simply use your wallet's node. This kernel of an idea led to the 2014 announcement of Ethereum. Vitalik excelled in mathematics, economics and computer science at a young age and was placed in a high school for gifted students. 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. Decrypt has tried to reach Buterin directly for independent confirmation. As of this writing, a single Ether coin will cost you around $4,100. 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. 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. Two other. From there, he was able to secure a six-figure salary from the Ethereum Foundation, the non-profit born out of the raise. Buterin disclosed his personal ETH address in October 2018, noting that it also includes donations to charity. As explained in the Shiba Token Woof Paper: "We sent over 50% of the TOTAL supply to Vitalik. Last month the creators of SHIB released a white paper, which they called a "woofpaper". Buterin is a well-known figure in the crypto space and is respected for his technical and philosophical contributions to the industry. The positive market sentiment surrounding ETH has been a major win for Vitalik Buterin, who holds massive amounts of the cryptocurrency. What financial advisors need to know about crypto. The transformation of value in the digital age. The bitcoin developer disclosed the main ether address in October 2018. Before Vitalik Buterin co-created Ethereum, he first learned about bitcoin in 2011, when he was 17 years old. I think the initial creator must have sent him some). Every time that same piece of art is re-sold in the future, the blockchain will send part of the new purchase price back to Beeple. 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. "Either I'm lying or Vitalik is lying. His public wallet shows that the value of Ether in his portfolio reduced to $870 million on Thursday morning from $1.1 billion on Wednesday morning. Ethereum co-founder Vitalik Buterin donated $1 billion worth of shiba inu coin a dogecoin spinoff to a Covid-19 relief fund in India . Yea I got that. This is a truly insane story that only makes sense in the completely bonkers crypto world. Yet, the story of the group is one. 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 is not the only founder of a blockchain project known for selling their substantial holdings. For example a house, a car, a piece of art or even stocks. Clearmatics is a London-based company designing protocols for DeFi while StarkWare is building privacy software using zero-knowledge proofs. In total, Buterins wallet has 644 different types of coins and tokens. Currently, the organization holds 430,141 ETH. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. The transactions all occurred around 3 am Argentina time on Saturday. The price roughly doubled in the time I began writing this article on Sunday afternoon, May 9 and Monday morning, May 10. The public ETH address of the Co-Funder of Ethereum, Vitalik Buterin now holds over 333,500 Ethereum, making him a crypto billionaire. 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. After the transfer, the wallet ending in 52b0 still has nearly $3.3 million worth of ETH in it. Ainsi, lors du paiement d'un th, la transaction a chou, car son wallet mobile avait une limite par dfaut de 21 000 gas. Sign up for Crypto for Advisors, our weekly newsletter defining crypto, digital assets and the future of finance. 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 . But thats not all. In 2011 he co-founded Bitcoin Magazine, which has often been referred to as the first serious crypto publication. 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. Vitalik Buterin, who was gifted half of Shiba Inu's total supply, has burned 90% of his holdings worth nearly $7 billion. That makes the projects 27-year-old co-founder, Vitalik Buterin, one of the richest men in the world. Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. These ERC-20s include Augur (REP), Maker (MKR), Kyber Network (KNC), and OmiseGO (OMG). The latest entrant to the crypto billionaire club is Ethereum co-creator Vitalik Buterin. Vitalik Buterin Net Worth. Vitalik Buterin donated cryptocurrencies worth $1.5 billion to several non-profit organizations, including $1 billion to a COVID-19 relief fund in India, on Wednesday in one of the largest-ever . The news is as a result of the recent surge in price of ETH, which rose above $3,000 on Monday. He first became interested in cryptocurrency while he was still in high school. His family moved to Canada when he was six. Understanding EthereumEthereum boasts its own programming language, Earlier this year, Buterin said that the upcoming network upgrade of Ethereum will improve ETHs scalability. On Feb. 28, Vitalik Buterin published a blog post on his experiences using Ethereum for payments. Buterin is a highly influential figure in the cryptocurrency and blockchain community and is frequently sought out for his insights and opinions on the industry. 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. 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 . Currently, Buterin's primary wallet contains over $810 million worth of ETH, along with around $2 million in other tokens. However, the current salary of Vitalik Buterin is estimated to be somewhere between 140,000 and 250,000 USD. See also: Binances Indian Crypto Exchange Lists SHIB Token as Vitalik Gift Garners Local Press. 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. 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. If I'm lying, Vitalik can easily disprove it with a tweet. This shows that Fiat is almost completely unnecessary and irrelevant in the new world of Cryptocurrency! Discover more of Etherscan's tools and services in one place.
