. CoinDesk journalists are not allowed to purchase stock outright in DCG. Looking at the rest of his finances, Crypto Briefing estimated his fiat holdings at $12 million, bringing his net worth up to $94 million. Buterin developed an interest in Bitcoin at a young age and became involved in the cryptocurrency community while still in high school. In August 2020, one quadrillion SHIB tokens were minted. According to Buterin, this action was to fend off critics from misinterpreting his transactions. Back in 2018, the Ethereum co-founder posted his main wallet address. The wallet also owns the, But thats not all. As of this writing, a single Ether coin will cost you around $4,100. His family moved to Canada when he was six. I think the initial creator must have sent him some) $1 million worth of Free Coin (wtf!) Buterin also said in his note that he would prefer makers of cryptocurrencies give them to charities and not to him. The top wallet, associated with Wrapped Ether, has sucked in almost 7 million ETH ($22.1 billion), or more than 6% of Ethereums supply. If Vitalik is lying, it's the dumbest thing in the world to lie about.". Buterin has nothing to do with SHIB and he had no idea about the gift. The bitcoin developer disclosed the main ether address in October 2018. The value of ether in Buterin's closely watched public wallet stood at . At the current ETH price, Buterin's Ether holdings on his main wallet "VB" amount to over $470 million. The remaining half of SHIBs supply is locked for liquidity on decentralized finance platform Uniswap. 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. Buterin Burns $6.7B in Shiba Inu Make sure to use the "Vote Down" button for any spammy posts, and the "Vote Up" for interesting conversations. Ethereum registered an all-time high of $3,200 today after a jump of more than 10% within the last 24 hours. Since then, it has pulled back and is hovering at around $0.000016 at press time. The recent crypto downturn has had a notably negative impact on Vitaliks net worth. Read this Term, is now a crypto billionaire. In total, Buterins wallet has 644 different types of coins and tokens. 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. You will receive a link to create a new password via email. Buterins public ETH address now holds more than 333,500 Ethereum. Theres more to the picture. 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. So Vitalik's stash of 333,000 are officially worth $1.4 billion Yet. Vitalik Buterin owns around 333,000 Ethereum coins. The wallet also owns the Ethereum Name Service domain name iiiiiiii.eth, according to its OpenSea profile. 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. 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. Making businesses accept a specific coin goes against the "ideals of freedom . 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. ", "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", " . Decrypt has tried to reach Buterin directly for independent confirmation. 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. 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 Ethereum co-founder Vitalik Buterin has burned 90% of his Shiba Inu coin (SHIB) holdings, an amount worth $6.7 billion. That's second only to Bitcoin's $1.1 trillion. 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. Between his cryptocurrency holdings, cash, and equity, its possible to calculate the Ethereum co-founders wealth. But that isnt all, Buterin also owns significant corporate shareholdings in two companies: Clearmatics and Starkware. https://t.co/OhN3h6KLwk, Evan Van Ness (@evan_van_ness) November 14, 2022, The assertion prompted a debate among other blockchain watchers to weigh in, one nothing that the wallet had received many transactions from a "doxx'd address" of Buterin's before, and another citing transactions on Etherscan with a wallet known as "vb2. Vitalik Buterins current salary is estimated at somewhere between $140,000 and $250,000. As I type this article right now, Vitalik's unwittingly gifted collection of 505 billion SHIB are worth. 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. Roger Ver - @rogerkver. Crypto Briefing calculated his Ethereum holdings on the day of his statement. The highest number of Ethereum in Buterin's wallet was 325,001 and was recorded in July 2021, per Etherscan data. 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. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. 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. 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. Vitalik Buterin's website . Buterin is a well-known figure in the crypto space and is respected for his technical and philosophical contributions to the industry. As mentioned earlier, pinpointing Vitalik Buterins net worth is virtually impossible due to the nature of private investments. There is no greatness without a vulnerable point and as . Shimron says the purpose of the movement is unclear and could be to increase security or merely upgrade the coin setup. When you include Vitalik's holdings, SHIB is the 12th-largest cryptocurrency in the world. Your weekly wrap of Web3 news and trends. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. News and analysis for the professional investor. Varying amounts of the 3,000 ETH were swapped into USDC, USDT, DAI, and wrapped Bitcoinbut ultimately, the entire amount was converted into USDC. Ethereum's co-founder Vitalik Buterin, who became the world's youngest known crypto billionaire less than two weeks ago, has donated over $1 billion in crypto to the India Covid Relief Fund and. The latest price rally also brought the holdings of the non-profit that organizes Ethereums development, the Ethereum Foundation, to more than $1.36 billion. Vitalik had a wild ride during 2021 as far as his net worth was concerned. 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. That makes the projects 27-year-old co-founder, Vitalik Buterin, one of the richest men in the world. Its far less valuable than the wallet operated by major cryptocurrency exchanges and token issuers. 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. Though that doesn't just include sales, it also includes some gifts and charity donations. Blatantly fabricating accusations against people in the Ethereum space is unacceptable. It received the ENS name via transfer back in May from a wallet that may also belong to Buterin. So Vitalik's stash of 333,000 are officially worth. 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. 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. I'm the Director of Digital Asset Research at Forbes. The transformation of value in the digital age. His SHIB holdings are worth $18 billion. 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. Ethereum co-founder Vitalik Buterin donated $1 billion worth of shiba inu coin a dogecoin spinoff to a Covid-19 relief fund in India . . Nor is Buterin adept at calling the market top. The Co-Founder of Ethereum recently donated 100 ETH to a COVID-19 relief fund in India. To access the funds in an address, you must have its private key. After the transfer, the wallet ending in 52b0 still has nearly $3.3 million worth of ETH in it. Probing the intersection of crypto and government. In 2018, Buterin described his public Ether address as his main wallet, which has hit $1 billion on its balance. 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. 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. Buterin has also stated that the remaining 10% of his holdings will be donated to charity. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. I don't *want* to be a locus of power of that kind, he said. 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. The Co-Founder of Ethereum remained vocal about his views on Bitcoin 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. That year he dropped out, at 20 years old, after receiving $100,000 through a Thiel Fellowship. To access the funds in an address, you must have its private key.