In 2011 he co-founded Bitcoin Magazine, which has often been referred to as the first serious crypto publication. 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. Vitalik Buterin Dogecoin holdings are certainly surprising. Whale Alert highlighted a transfer of 16,323 ETH worth more than $50 million today from crypto exchange Binance to an unknown digital wallet. Despite his immense wealth, Buterins disclosed wallet is only the 22nd most valuable on the network, according to data from Etherscan. Though that doesn't just include sales, it also includes some gifts and charity donations. . The latest moves in crypto markets, in context. The currency officially launched in July 2015. Roger Ver - @rogerkver. Ethereum co-founder Vitalik Buterin has shared some of his personal user experiences with the network and crypto payments. Right before the transfer, Ethereums figurehead also sent 5,000 ether worth $20.5 million to the same address. Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. 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. Moreover, Ethereum whales have accelerated their transfer activities amid the latest jump in ETH. Learn more about addresses in our Knowledge Base. 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. Nor is Buterin adept at calling the market top. Vitalik Buterin's website . 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). Decrypt has tried to reach Buterin directly for independent confirmation. Your weekly wrap of Web3 news and trends. He has disclosed that he earns a six-figure salary from the Ethereum Foundation. Notable mention: $0.07 worth of Tether USD! Between his three main wallets, he also holds ERC-20 tokens worth over $900,000. Vitalik Buterin, co-founder of the Ethereum blockchain technology and cryptocurrency, has burned 410 trillion Shiba Inu tokens. . The highest number of Ethereum in Buterin's wallet was 325,001 and was recorded in July 2021, per Etherscan data. As explained in the Shiba Token Woof Paper: "We sent over 50% of the TOTAL supply to Vitalik. Vitalik Buterin, the co-founder of Ethereum blockchain has officially become a crypto billionaire. 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 He has amassed substantial wealth thanks to his role in creating Ethereum. A private note (up to 500 characters) can be attached to this address. The remaining half of SHIBs supply is locked for liquidity on decentralized finance platform Uniswap. Getty Images. 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 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. 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. 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. 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. Currently, the wallet holds 333,520 ETH, or just over $1.06 billion. Vitalik Buterins current salary is estimated at somewhere between $140,000 and $250,000. The latest surge in the world's second-largest cryptocurrency has pushed the total value of Buterin's ETH holdings above $1 billion. Since then, the prices for these coins have fluctuated substantially, in line with the massive amounts of volatility in the market. 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. *I* sold ETH at ~$700, or about half the top (actually, both sold and donated). 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. ***UPDATE*** As of 8pm EST on Monday, Vitalik's net worth is actually $21 billion!!! 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. The crowdsale for Ethereum began in July of 2014 and raised Bitcoin worth, at the time, $18.3 million. Wallet developers should start thinking much more explicitly about privacy . Outside of his cryptocurrency holdings, Vitalik Buterin has also disclosed that he earns a six-figure salary from the Ethereum Foundation. "I've decided to burn 90% of the remaining Shiba tokens in my wallet," Mr Buterin - whose holdings in SHIB . Ethereum also enables the creation Distributed Applications, or dapps. Buterin developed an interest in Bitcoin at a young age and became involved in the cryptocurrency community while still in high school. It increased nearly 4,000% the week of 4/20. the ones who actually decided these salary numbers) offered me $185k at one point; I declined, he said. and 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. Varying amounts of the 3,000 ETH were swapped into. Ainsi, lors du paiement d'un th, la transaction a chou, car son wallet mobile avait une limite par dfaut de 21 000 gas. September 15, 2021 7:19 AM EDT. Buterin 2022 2 " . Initially he dismissed it, but Buterin eventually connected with the . pDOTn/USD. Keep track of your holdings and explore over 10,000 cryptocurrencies. Vitalik Buterin isn't among them -- even though the meltdown wiped out a huge chunk of his personal wealth. The latest entrant to the crypto billionaire club is Ethereum co-creator Vitalik Buterin. To access the funds in an address, you must have its private key. Head to consensus.coindesk.com to register and buy your pass now. In 2013 Vitalik enrolled at the University of Waterloo where he took advanced computer science and programming classes while pursuing a burgeoning obsession with digital currency. The self-described NFT collector Justin Trimble said. Buterin has 250,001 ETH in his wallet as of December 23, 2022, worth over $305 million. The worlds second-most valuable cryptocurrency crossed the market cap of $350 billion and became more valuable than the Bank of America. Anonymous play on awesome games - sign up now for 25 free jackpot spins - worth $100s! 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. CoinDesk journalists are not allowed to purchase stock outright in DCG. There are also 4119 NFTs in the wallet, although their exact value is unknown. Vitalik Buterin, the co-founder of Ethereum has finally sent 90 percent of his Shiba Inu holdings worth $6 billion to the standard burn address per the agreement with the token developers. 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). 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 . The magazine is considered the first serious publication dedicated exclusively to cryptocurrency news and information. At one point before donating or burning . Image source: Michael Ciaglo/Getty Images. Between his cryptocurrency holdings, cash, and equity, its possible to calculate the Ethereum co-founders wealth. Vitalik Buterin, co-founder of the Ethereum blockchain platform, is the latest casualty in the dramatic collapse of crypto fortunes. The wallet also owns the Ethereum Name Service domain name iiiiiiii.eth, according to its OpenSea profile. 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 price of Ethereum has risen 400% since January alone. Finally, he owns equity in two multi-million dollar startups, Clearmatics and StarkWare. The wallet also owns the, But thats not all. Currently, the wallet holds 333,520 ETH, or just over $1.06 . At Ethereums peak value last November, Buterin had more than $1.5 billion worth of ETH in his cryptocurrency wallet. Theres more to the picture. "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 Ethereum team raised 31,500 BTC in their ICO, and the mainnet officially launched in 2015. 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. Others in the foundation (ie. 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. Thinly veiled as them burning half the coins in circulation, but they probably still own a shit ton of SHIB.". Ethereum also enables the creation Distributed Applications, or dapps. According to Buterin, this action was to fend off critics from misinterpreting his transactions. From there his wealth only grew. Finance Magnates is a global B2B provider of multi-asset trading news, This introductory paper was originally published in 2014 by Vitalik Buterin, the founder of Ethereum, before the project's launch in 2015. Sign up for Crypto for Advisors, our weekly newsletter defining crypto, digital assets and the future of finance. Vitalik Buterins personal wallet has more than 1 billion in ETH. . 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 is no greatness without a vulnerable point and as . Copyright 2023 "Finance Magnates CY Ltd." All This is more . ", He confirmed that this isn't his address, so this is fake news. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. 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. 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. 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. Private Company. Vitalik Buterin was born in Russia in 1994. 333,520 Ether (valued at around $776 million) $78 million worth of Akita Inu (wtf! Kind of brilliant actually hmmm. On Feb. 28, Vitalik Buterin published a blog post on his experiences using Ethereum for payments. The information on this website is subject to change without notice. I do not expect he has the intention of selling his Ether, says Shimron. This gave the foundation and its founders a little under 12 million ETH, which now represents about 11% of the circulating supply. A couple of years ago, the idea that anyone would ever become a billionaire from cryptocurrency would have sounded like pure lunacy. What's inside Vitalik's Wallet. 2 years after learning about Bitcoin, at the age of 19, he wrote the Ethereum whitepaper. Vitalik has also been involved in a number of blockchain projects. 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). We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. Back in 2018, the Ethereum co-founder posted his main wallet address. Buterins public ETH address now holds more than 333,500 Ethereum. Buterin is . 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. SHIB/USD. Looking at the rest of his finances, Crypto Briefing estimated his fiat holdings at $12 million, bringing his net worth up to $94 million. Of that $21 billion, roughly $1.3 billion came from his stash of 333,000. Yet, the story of the group is one. The recent crypto downturn has had a notably negative impact on Vitaliks net worth. He holds a little over $1 billion of Ethereum in a single wallet. Read this Term, is now a crypto billionaire. That same year, Vitalik dropped out of college to fully concentrate on Etheurem after receiving a $100,000 Thiel Fellowship grant. Decentral Media, Inc. is not an investment advisor. Assuming he held everything, these coins would make up 37% of his portfolio at current prices, or about $35 million. Be a smarter, safer investor in eight weeks. Understanding EthereumEthereum boasts its own programming language, The highest number of Ethereum in Buterins wallet was 325,001 and was recorded in July 2021, per Etherscan data. 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. If any crypto billionaires out there want to make an offer on CNW, Twitter DMs are open! Source: twitter.com. ", "The VitalikAddress Truthers confound me," Van Ness replied. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. but ultimately, the entire amount was converted into USDC. Vitalik Buterin is one of the most influential people in crypto. He is widely regarded as one of the leading voices in the industry and his direct and deep involvement with Ethereum has made him one of the richest individuals in crypto. 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. The price of Ethereum surged to an all-time high of $3,188 today. The news is as a result of the recent surge in price of ETH, which rose above $3,000 on Monday. Ethereum is currently trading above $3,150 with a market cap of more than $365 billion. The value of ether in Buterin's closely watched public wallet stood at . Vitalik Buterin is a Russian-Canadian computer programmer best known as a co-founder of the Ethereum network. Looking at his primary wallet addresses, Buterin owns about 352,000 ETH at a current value of $46 million. rights reserved.For more information, read our Clearmatics is a London-based company designing protocols for DeFi while StarkWare is building privacy software using zero-knowledge proofs. Discover more of Etherscan's tools and services in one place. Vitalik Buterin lists problems with Ethereum network. Shimron says the purpose of the movement is unclear and could be to increase security or merely upgrade the coin setup. Terms, Cookies Buterin's cryptocurrency holdings represent the largest chunk of his wealth, worth $82 million at today's prices. In 2018, Buterin described his public Ether address as his main wallet, which has hit $1 billion on its balance. research and events with special focus on electronic trading, banking, and Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. His family moved to Canada when he was six. Understanding EthereumEthereum boasts its own programming language, Proceeds go to civilian efforts helping Ukrainians suffering from the war", "Binance Announces $10 Million Donation to Ukraine: Ethereum Creator Vitalik Announces UkraineDAO", "Ethereum's Russian-born cofounder has been quietly supporting a DAO that raised $8 million in crypto for Ukraine. 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. 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.