Ethereum founder Vitalik Buterin has recently shared his decentralization standards for Layer 2 networks, with most of the blockchains stuck at Stage 0. Indeed, the notable crypto developer had previously developed his three-stage plan for networks. Yet, to this point, most networks don’t stack up. That isn’t the case for Ethereum. Six of its various…
Whale transactions of over $90 million signal potential market shifts. The Altcoin’s RSI is neutral at 48, indicating consolidation. Ethereum (ETH) is currently trading at around $2,312, slightly upward over the past 24 hours. However, recent fluctuations have kept traders on alert. Moreover, the much-anticipated Ethereum Exchange-Traded Funds (ETFs) could soon drive new institutional investment….
Vitalik Buterin, the co-founder of Ethereum, has put forward a new tax regime for Layer 2 (L2) blockchains. This idea arises in light of the ongoing debate about establishing a more equitable economic system between Ethereum’s L1 and the L2 networks built on top of it. Buterin also pointed out some potential difficulties if such…
September 14, 2024 at 08:40 PM GST updated: September 14, 2024 at 07:51 PM 2 mins read News Vitalik Buterin suggests a Harberger tax for Layer 2 networks to create economic balance on Ethereum. Implementing the tax could destabilize Layer 2 networks, as they might undervalue themselves to avoid higher taxes. Buterin proposes a “maximally-neutral-L2…
Vitalik Buterin sold 950 Ether worth $2.28 million, causing concern among Ethereum holders as the altcoin faces selling pressure. Buterin has also staked 950 Ether on AAVE, as Ethereum Layer 2 networks face criticism of over-centralization. Ethereum co-founder Vitalik Buterin has once again drawn attention to selling Ether (ETH) from a wallet linked to him….
Ethereum co-founder Vitalik Buterin has taken to X (formerly Twitter) to urge layer-2 networks to decentralize even more. Indeed, the well-known crypto developer, Buterin discussed the importance of decentralization and the utilization of his vast platform. Specifically, he noted he would change how he speaks about Vaiours layer 2 networks in the future. Specifically, he…
Ethereum co-founder Vitalik Buterin has announced a shift in his endorsement strategy for Layer 2 (L2) scaling solutions. Beginning in 2025, he will only publicly support L2 projects that have reached at least Stage 1 in their development, with a possible short grace period for new and genuinely interesting projects. Buterin Shifts Focus to Layer…
Ethereum co-founder Vitalik Buterin has addressed recent concerns about a large ETH sale linked to his wallet. The cryptocurrency market was worried. The reason was that a wallet tied to Buterin sold over $2.2 million worth of ETH in just 12 days. Also Read: UK’s Landmark Crypto Bill: A Game-Changer for Bitcoin Holders Understanding the…
A wallet associated with Ethereum co-founder Vitalik Buterin sold 190 ETH, equivalent to $441,971. This transaction, in addition to the others recently undertaken by Buterin, fueled speculations regarding their influence on Ethereum. The sale occurs when Ethereum whales have also been dumping large amounts of ETH, raising concerns about the cryptocurrency’s price action. Continued Wallet…
Vitalik Buterin demands Stage 1+ for Layer 2 projects starting next year. Vitalik’s wallet recently exchanged 190 ETH amid market volatility. Vitalik Buterin, Ethereum’s co-founder, has been at the centre of attention in recent days, both with his significant crypto transactions and his active presence on social media. On his X (formerly Twitter) account, Buterin…
September 12, 2024 at 12:05 PM GST updated: September 12, 2024 at 10:50 AM 2 mins read News Vitalik Buterin mandates Stage 1 readiness for Layer 2 rollups by 2024, emphasizing decentralized cryptographic trust. Rollup teams must meet a 75% council threshold and ensure 26% independence to achieve Stage 1, enhancing Ethereum’s security standards. ZK-rollup…
Ethereum drama is shaking up the crypto world again. Investors worry about market volatility and investment risks. A prominent Ethereum supporter faces criticism for being too optimistic. Vitalik Buterin, Ethereum’s co-founder, stepped in to defend “ETH bullposting.” Also Read: Solana Outpaces All Chains In One Key Metric: Is $250 Imminent For SOL Navigating Market Volatility…
Este artículo también está disponible en español. Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Related Reading Transactions are part of a broader trend that has seen…
September 10, 2024 at 02:30 AM GST updated: September 10, 2024 at 12:13 AM 3 mins read News Ethereum Foundation and Vitalik Buterin wallets have been steadily selling ETH, contributing to market pressure and bearish sentiment. A whale offloaded 28,554 ETH worth $64.4M to clear Aave debts, marking a $17M loss and intensifying Ethereum’s downward…
Ethereum (ETH) has fallen to the $2,200 range, a level not seen since late January. Vitalik Buterin recently sold ETH worth $1.835 million, and the Ethereum Foundation allocated 3,000 ETH for liquidity. Ethereum (ETH) has slipped into a challenging phase, with its price falling to the $2.2K zone for the first time since late January….
After some activity was noticed from wallets linked to Vitalik Buterin, co-founder of Ethereum, he took to the social media platform X to clarify the situation. He stated that all his token sales were meant to “support various projects.” Buterin added that any ERC20 tokens gifted to him would go toward “public goods within the…
Currently, there’s a lot of debate and discussion over the impact of Layer 2 solutions on the Ethereum ecosystem. The Ethereum blockchain community is sailing through rough waters, with revenue hitting no lows. Discussions have sparked as to how the Layer 2 platforms are taking the lion’s share of revenue while Ethereum mainnet suffers. Are…
Ethereum co-founder Vitalik Buterin has pledged to donate all Layer 2 (L2) tokens he holds to support public goods within the Ethereum ecosystem or broader charitable causes. This announcement comes a few days after accusations that he had sold millions in Ether (ETH) for personal gain. Vitalik Buterin Denies Profit Motive Buterin was quick to…
Market News Vitalik Buterin will donate all his L2 tokens to support Ethereum public goods and charities. The market saturation of L2 solutions may need consolidation for sustainable growth. Vitalik Buterin’s decision to donate his L2 tokens instead of investing further highlights a critical market trend. Layer 2 solutions, such as Optimism and Arbitrum, have…
September 6, 2024 at 11:09 AM GST updated: September 6, 2024 at 10:25 AM 2 mins read News Vitalik Buterin has not sold or kept proceeds from L2 tokens since 2018, instead donating them to Ethereum-related or broader charitable causes. Buterin does not plan to invest in L2 tokens or other project tokens, focusing instead…
In a recent development, Ethereum founder Vitalik Buterin unlocked 1.26 million Starknet (STRK) tokens valued at about $470,000. While the founder’s action has caused an uproar in the crypto community, STRK’s price is shockingly displaying a bullish outlook. Starknet is an Ethereum Layer-2 network that enables the scaling of Decentralized Applications (dApps) without compromising security….
September 1, 2024 at 12:00 PM GST updated: August 31, 2024 at 10:26 PM 2 mins read News Vitalik Buterin denies selling ETH, stating he has maintained his holdings since 2018. Buterin’s ETH holdings have decreased to $606.65M from $1.46B over three years. Ethereum price at $2,520, showing a 0.05% decline with increased investor interest…
Vitalik Buterin moved $2.01 million ETH to a multisig wallet. ETH sales fund charitable projects and ecosystem support, Buterin clarifies. Vitalik Buterin, co-founder of Ethereum, has once again captured the crypto community’s attention with a major ETH transaction. According to Lookonchain, Buterin recently transferred 800 ETH, valued at approximately $2.01 million, to a multisig wallet….
Over the last week and more, Ethereum co-founder Vitalik Buterin has been sharing some key developments on the Ethereum blockchain network. However, the Ethereum community expressed concern over a lack of explanation regarding Buterin’s Ethereum holdings over the past few years. Vitalik Buterin Clears the Air on Ethereum Sell-Off In 2021, Ethereum co-founder Vitalik Buterin…
It has been said that cryptocurrency’s volatility mirrors the instability that sometimes characterizes the backend team behind developing these assets. It is well known that Gavin Wood, one of Ethereum’s co-founders, quit his CEO role at Parity Technologies to start Polkadot. However recent revelations from a Polkadot insider seem to have thrown some light on…
Vitalik Buterin, co-founder of Ethereum, recently transferred 800 ETH, valued at approximately $2.01 million, to a multi-signature wallet. Shortly after, the wallet converted 190 ETH to 477,000 USDC. This sparked curiosity and speculation within the crypto community about the purpose behind these moves. According to Lookonchain, a blockchain analysis platform, Buterin’s wallet, identified as “vitalik.eth,”…
Ethereum co-founder Vitalik Buterin has once again transferred a large amount of ETH, sparking fresh discussions within the crypto community. According to a report from Lookonchain, Buterin moved 800 ETH with an estimated value of $2.01 million to a multisig wallet. Shortly after, 190 ETH from this wallet was swapped for 477,000 USDC, a stablecoin…
August 31, 2024 at 12:30 AM GST updated: August 30, 2024 at 10:44 PM 2 mins read News Vitalik Buterin moved 800 ETH, valued at $2.01M, on August 30, following a prior transfer of 3,000 ETH on August 9. Buterin’s transfers often trigger market speculation, potentially influencing investor decisions and increasing volatility. Ethereum struggles to…
Onchain data reveals that Ethereum co-founder Vitalik Buterin recently shifted 800 ether, valued at just over $2 million, from a well-known address. After the initial transfer, 190 ether was reportedly exchanged for 477,000 USDC. Vitalik Buterin Moves 800 Ether to Multisig Wallet, Sparks Social Media Interest On Aug. 30, 2024, the X account Lookonchain shared…
Crypto mogul and Ethereum co-founder Vitalik Buterin transferred 800 ETH to a multisig wallet, to which he transferred 3000 ETH earlier this month. The transferred 800 Ethers were later converted into USDC, 4th most traded cryptocurrency in the market. On August 19, Todayq reported that Buterin had transferred 400 Ether to Railgun. The co-founder of…
Cryptocurrency projects heavily focus on incentivization to generate interest in their brand and products. Airdrops serve as a dual-purpose strategy, both introducing users to the project and rewarding them, effectively functioning as a combined marketing and reward system. There has been a good number of airdrops this year. Ethereum co-founder Vitalik Buterin highlighted the potential…
Ethereum co-founder Vitalik Buterin sees crypto airdrops as a promising initial use case for blockchain-based identity frameworks. In an Aug. 28 post on X, Buterin outlined the goals of airdrops as distributing tokens to genuine community members, rewarding project contributions, and ensuring fairness. He suggested that projects could leverage ZK-based identity, credential, and attestation frameworks…
August 28, 2024 at 01:15 AM GST updated: August 28, 2024 at 12:21 AM 2 mins read News Ethereum Foundation’s 2023 budget: 36.5% on new institutions, 24.9% on Layer-1 R&D, prioritizing long-term ecosystem growth. Vitalik Buterin’s 2023 salary $139,000, while 90% of his net worth remains in ETH, highlighting transparency and commitment. 6.2% budget increase…
Vitalik Buterin, the co-founders of Ethereum, has expressed worries on the emergence of potential dangers that could jeopardize technological liberties and fundamental principles of cryptocurrencies. He highlighted the escalating political scrutiny faced by encrypted messaging services, centralized identity systems, vulnerable operating systems, and the expanding authority of influential social media platforms and governments to suppress…
Ethereum co-founder Vitalik Buterin has been criticized by the crypto community for his comments on decentralized finance (DeFi). In an Aug. 25 post on X, Buterin expressed doubts about DeFi’s potential to drive significant growth in the crypto sector. He stated: “The ongoing existence of the defi market is downstream of the existence of the…
TRON founder Justin Sun has pledged to donate $1 million to any Decentralized Autonomous Organization (DAO) formed to advocate for the release of Telegram’s founder, Pavel Durov. On Aug. 25, Sun tweeted: “We should show the cryptocurrency industry’s unity by organizing a #FreePavel DAO to help Telegram founder Pavel Durov legally gain freedom. I’ll donate…
Justin Sun proposed a ‘FreePavel DAO’ to fund Telegram CEO Durov’s legal defense using decentralized crowdfunding. Telegram CEO Pavel Durov was detained in France, with no formal charges, prompting industry-wide support. Ethereum co-founder Vitalik Buterin warned Durov’s arrest could threaten user privacy and communication freedom in Europe. Telegram CEO Pavel Durov was detained by French…
The number of celebrities and well-known public figures supporting Pavel Durov after his controversial arrest in France earlier this weekend has skyrocketed. Some of those include Elon Musk, Robert F. Kennedy, Vitalik Buterin, Jackson Hinkle, and Tucker Carlson. Durov’s Arrest CryptoPotato reported earlier today Durov’s arrest in France on Saturday evening, which, according to local…
Ethereum founder Vitalik Buterin has voiced his concerns following the arrest of Telegram CEO Pavel Durov in France. Buterin criticized Telegram’s previous approach to encryption but expressed alarm over the arrest, suggesting it poses a threat to software and communication freedom in Europe. He highlighted the shift in public criticism of tech leaders, noting the…
August 24, 2024 at 09:30 PM GST updated: August 24, 2024 at 09:05 PM 2 mins read News Vitalik Buterin highlights Ethereum’s client distribution is balanced, with no single client exceeding 66.6% market share, ensuring network stability. Ethereum’s upcoming upgrades include Pectra and Fulu-Osaka, aiming to enhance network performance and security. Recent Geth update fixes…
News of the Ethereum Foundation depositing 35,000 ETH into crypto exchange, Kraken on Friday took the market by storm with community members seeking an explanation. However, Ethereum Foundation member Aya Miyaguchi cleared the air stating that the recent ETH movement was part of their treasury management activities. Ethereum Foundation on ETH Sell-off Offering insights into…
Ethereum, similar to most altcoins, is under significant selling pressure, struggling to shake off the weakness of early August. Even though there were flashes of strength after the climactic sell-off on August 5, prices are still below $2,800. The only positive for now, at least looking at the daily chart, is the impressive bulls’ resilience….
August 22, 2024 at 08:57 PM GST 3 mins read News Vitalik Buterin highlights Ethereum’s recent advancements, emphasizing Layer-2 growth and improvements in zero-knowledge tooling. Ethereum’s price volatility and declining gas fees raise concerns about the network’s long-term health and investor losses. Galaxy reports post-Dencun upgrade improvements, with 2.23M blobs purchased, generating $9.3M and burning…
August 22, 2024 at 05:17 PM GST updated: August 22, 2024 at 01:51 PM 2 mins read News Vitalik Buterin supports pluralism in blockchain, believing diverse views can enhance collaboration and minimize polarization. Ethereum’s pluralistic mechanisms aim to tackle collusion risks, fostering cooperation among ecosystem players like layer-2 platforms. Ethereum’s updates demonstrate Buterin’s concentration on…
The co-founder of Ethereum has high hopes in his blog post on applications of pluralism. There may be major advantages to conducting experiments in real time across many domains. Vitalik Buterin, co-founder of Ethereum (ETH), has proposed the “Plurality” philosophy to address the conflict between the cryptocurrency ecosystem and more conventional forms of governance. Though…
As per an on-chain expert firm, the Ethereum co-founder recently transferred 400 ETH to Railgun. Earlier, on August 09, Vitalik Buterin transferred 3000 Ethers to a multisig wallet. According to available information, he transferred 662 ETH (approx. $1.91M) to Railgun over the past ten months. Vitalik Buterin, the co-founder of Ethereum, remains in the limelight…
Vitalik Buterin’s $1.05 million transfer to Railgun highlights growing support. Buterin has moved a total of 662 ETH this year. Ethereum co-founder Vitalik Buterin has recently made headlines by transferring 400 ETH (approximately $1.05 million) to Railgun, a crypto mixer known for its privacy-enhancing features. This significant transaction highlights Buterin’s support for privacy in the…
Ethereum co-founder Vitalik Buterin has moved 400 ETH, worth about $1.05 million, to Railgun, a well-known crypto mixer, according to on-chain data from the Arkham Intelligence dashboard. The transaction, which took place on Aug. 19, was corroborated by Web3 analysis platform SpotOnChain, which stated that Buterin had transferred 662 ETH, approximately $1.91 million, to Railgun…
Vitalik Buterin highlights the threat of bribery in Dark DAOs and proposes cryptographic solutions. The integration of voting pools and zero-knowledge proofs in DAO could mitigate the risks of corruption. The concept of Decentralised Autonomous Organizations (DAOs) has revolutionised how communities and projects govern themselves. However, as the landscape…