For security reasons, he explained that the coins. Buterin disclosed his personal ETH address in October 2018, noting that it also includes donations to charity. The positive market sentiment surrounding ETH has been a major win for Vitalik Buterin, who holds massive amounts of the cryptocurrency. first person in history to lose $200 billion. The highest number of Ethereum in Buterin's wallet was 325,001 and was recorded in July 2021, per Etherscan data. 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B, A wallet address is a publicly available address that allows its owner to receive funds from another party. 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 . . Buterin also said in his note that he would prefer makers of cryptocurrencies give them to charities and not to him. 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. pDOTn/USD. At the time they made the transfer, 505 billion SHIB were worth around $8.6 million thanks to it's price of $0.000000017. A private note (up to 500 characters) can be attached to this address. Notable mention: $0.07 worth of Tether USD! To access the funds in an address, you must have its private key. At one point before donating or burning . The transactions all occurred around 3 am Argentina time on Saturday. 32 crore), Buterin managed to make only $1.8 million (roughly Rs. After the transfer, the wallet ending in 52b0 still has nearly $3.3 million worth of ETH in it. 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. These ERC-20s include Augur (REP), Maker (MKR), Kyber Network (KNC), and OmiseGO (OMG). Vitalik Buterin is a Russian-Canadian computer programmer best known as a co-founder of the Ethereum network. 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. Analysts predict a. The wallet now holds $62 million worth of Ethereum. Submit a correction suggestion and help us fix it! ***. Though that doesn't just include sales, it also includes some gifts and charity donations. Vitalik Buterin Dogecoin holdings are certainly surprising. Yea I got that. The transaction, which has been overlooked thanks in part to news Buterin donated more than $1 billion worth of a different cryptocurrency to India Covid Relief Fund, appears to be the largest transfer of his ether holdings to date. These ERC-20s include Augur (REP), Maker (MKR), Kyber Network (KNC), and OmiseGO (OMG). What financial advisors need to know about crypto. 2. Thinly veiled as them burning half the coins in circulation, but they probably still own a shit ton of SHIB.". Learn more about addresses in our Knowledge Base. Ethereum Blatantly fabricating accusations against people in the Ethereum space is unacceptable. 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 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. Currently, Buterin's primary wallet contains over $810 million worth of ETH, along with around $2 million in other tokens. He was born in 1994 in Russia, but spent most of his early life in Canada. He believed that this would allow for greater transparency and security, as well as the ability to build applications that were not controlled by any single entity. 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.. The Co-Founder of Ethereum remained vocal about his views on Bitcoin 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 . 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 price of Ethereum has risen 400% since January alone. The crypto crash of the past few days has shocked investors around the world. But that isnt all, Buterin also owns significant corporate shareholdings in two companies: Clearmatics and Starkware. When you include Vitalik's holdings, SHIB is the 12th-largest cryptocurrency in the world. 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. -0.23%. vitalik.eth (@VitalikButerin) October 10, 2018. 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. investing. ", He confirmed that this isn't his address, so this is fake news. The precise value of these investments is not known. Vitalik Buterin, the Co-Founder of Ethereum 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. The price stayed fairly flat, under $10, from its launch until mid-2017. Buterin is a well-known figure in the crypto space and is respected for his technical and philosophical contributions to the industry. Privacy Notice The latest surge in the worlds second-largest cryptocurrency has pushed the total value of Buterins ETH holdings above $1 billion. However, Vitalik Buterins net worth could be much higher, as his investments and other crypto holdings are not publicly known. He first became interested in cryptocurrency while he was still in high school. Although the recent price hike of Ethereum boosted Buterin's total assets, only $1.3 billion resulted from his ETH holdings. Democratizing Investing: A Revolution in the Making? Anonymous play on awesome games - sign up now for 25 free jackpot spins - worth $100s! Decrypt has tried to reach Buterin directly for independent confirmation. Before Vitalik Buterin co-created Ethereum, he first learned about bitcoin in 2011, when he was 17 years old. 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. Decentral Media, Inc. is not an investment advisor. Sort of like, imagine if I gifted half of CelebrityNetWorth to Elon Musk and then within a few weeks CNW was one of the largest websites in the world thanks to the publicity. Buterin has other ETH addresses as well but they are small compared to his main public address. The Co-Founder of Ethereum recently donated 100 ETH to a COVID-19 relief fund in India. A wallet believed to be controlled by Ethereum co-founder Vitalik Buterin sold 3,000 ETH over the weekend,. Vitalik Buterin is a co-founder of Ethereum and one of the leading figures in the cryptocurrency and blockchain industry. By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. That year he dropped out, at 20 years old, after receiving $100,000 through a Thiel Fellowship. Buterin has 250,001 ETH in his wallet as of December 23, 2022, worth over $305 million. We do not give personalized investment advice or other financial advice. Vitalik Buterin said "shame on bitcoin maximalists" who uncritically praise El Salvador's President Nayib Bukele. According to a story first reported by the website decrypt.co, roughly $14 billion if Vitalik's wealth came in the form of A GIFT. Private Company. It received the ENS name via transfer back in May from a wallet that may also belong to Buterin. Buterin also has a substantial portion of his wealth in cash. 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. On the whole, Buterin is a major contributor to the blockchain industry and is an advocate of decentralization, smart contracts, and open-source code. 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. The vast majority of the wallets total funds is in Ethereum (ETH), with over $305 million. CoinDesk journalists are not allowed to purchase stock outright in DCG. As of this writing, a single Ether coin will cost you around $4,100. Vitalik Buterins net worth is $100 million. 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. Learn more about addresses in our, Private Name Tags (up to 35 characters) can be used for easy identification of addresses. Between his three main wallets, he also holds ERC-20 tokens worth over $900,000. Vitalik Buterins current salary is estimated at somewhere between $140,000 and $250,000. Ethereum is currently trading above $3,150 with a market cap of more than $365 billion. Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. This happened several minutes prior to moving a number of little-known cryptocurrencies that were given to him, which were subsequently sold off. I think the initial creator must have sent him some). Back in 2018, the Ethereum co-founder posted his main wallet address. So Vitalik's stash of 333,000 are officially worth. Since then, it has pulled back and is hovering at around $0.000016 at press time. Theres more to the picture. . "I've decided to burn 90% of the remaining Shiba tokens in my wallet," Mr Buterin - whose holdings in SHIB . 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. Here's a screenshot of the public wallet: Where's that other $15 billion coming from? 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). 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. Ethereum also enables the creation Distributed Applications, or dapps. The value of ether in Buterin's closely watched public wallet stood at . 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. Initially he dismissed it, but Buterin eventually connected with the . Head to consensus.coindesk.com to register and buy your pass now. 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. His SHIB holdings are worth $18 billion. 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. By continuing to use this website, you agree to its Terms and Privacy Policy. 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.. That makes the project's 27-year-old co-founder, Vitalik Buterin, one of the richest men in the world. 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. The wallet also owns the Ethereum Name Service domain name iiiiiiii.eth, according to its OpenSea profile. News and analysis for the professional investor. 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've decided to burn 90% of the remaining shiba tokens in my wallet. Vitalik has also been involved in a number of blockchain projects. Finance Magnates is a global B2B provider of multi-asset trading news, Buterin has sold coins from the wallet in August 2020. He said that he owns several other relatively small addresses. When buying and selling crypto is easier than shopping on Amazon. If any crypto billionaires out there want to make an offer on CNW, Twitter DMs are open! The crowdsale for Ethereum began in July of 2014 and raised Bitcoin worth, at the time, $18.3 million. Vitalik Buterin, who was gifted half of Shiba Inu's total supply, has burned 90% of his holdings worth nearly $7 billion. This kernel of an idea led to the 2014 announcement of Ethereum. . Making businesses accept a specific coin goes against the "ideals of freedom . In 2018, Buterin described his public Ether address as his main wallet, which has hit $1 billion on its balance. This website uses cookies to improve your experience. After the transfer, the wallet ending in 52b0 still has nearly $3.3 million worth of ETH in it. Today there are at least a dozen known individuals, including the Winklevoss twins, who are officially billionaires thanks exclusively to their crypto holdings. 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). The billionaire Canadian-Russian programmer had been gifted more. 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. He communicated those thoughts in a note attached to an ether transaction created on the evening of May 16. Vitalik Buterin. It increased nearly 4,000% the week of 4/20. As of this writing, I count dozens of random coins in Vitalik's wallet. As explained in the Shiba Token Woof Paper: "We sent over 50% of the TOTAL supply to Vitalik. The second-largest cryptocurrency by market cap is now worth about $1,234, according to CoinGecko price. He holds a little over $1 billion of Ethereum in a single wallet. 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. The worlds second-most valuable cryptocurrency crossed the market cap of $350 billion and became more valuable than the Bank of America. A private note (up to 500 characters) can be attached to this address. Looking at the rest of his finances, Crypto Briefing estimated his fiat holdings at $12 million, bringing his net worth up to $94 million. In a matter of hours his net worth dropped in half to $10 billion. Vitalik Buterin, co-founder of the Ethereum blockchain platform, is the latest casualty in the dramatic collapse of crypto fortunes. Evan Van Ness, a prominent, long-time Ethereum developer, responded to reports of these transactions by saying that Buterin told him the wallet in question is not his, "so this is fake news. 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 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. A recent search on Etherscan has revealed that Vitalik Buterin, Ethereum Founder, is now a Top 10 holder of the Moon Rabbit (AAA) cryptocurrency. ETH is the only significant crypto holding in Vitalik Buterins wallet. Today, Vitalik Buterins cryptocurrency portfolio amounts to roughly $82 million, composed mostly of Ethereum, Bitcoin, Bitcoin Cash, Doge, and Zcash. Buterin 2022 2 " . 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. 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. Buterin developed an interest in Bitcoin at a young age and became involved in the cryptocurrency community while still in high school. 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. Buterins crypto wallet holdings closely edge out the net worth of Justin Sun, another prominent crypto figure and the founder of the TRON cryptocurrency. Keep track of your holdings and explore over 10,000 cryptocurrencies. Read this Term, is now a crypto billionaire. Getty Images. Please enter your email address. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. There are also 4119 NFTs in the wallet, although their exact value is unknown. 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. 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, in a traditional music catalog sale like when Bob Dylan sells his copyrights for $400 million the artist takes a huge chunk of money to relinquish all future income from the music. Vitalik Buterin is a famous cryptocurrency and blockchain developer, programmer, entrepreneur, and co-founder of the Ethereum network. The transformation of value in the digital age. Though Buterin hasnt publicly revealed his financial position, his wallet addresses and public statements are enough to get a decent estimate. From there his wealth only grew. 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! His family moved to Canada when he was six. I don't *want* to be a locus of power of that kind, he said. 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. CoinCodex is a cryptocurrency data website that tracks 23380 cryptocurrencies trading on 420 exchanges and provides live crypto prices. 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. Nor is Buterin adept at calling the market top. See also: Binances Indian Crypto Exchange Lists SHIB Token as Vitalik Gift Garners Local Press. Buterin's ETH holdings are now worth over $1 billion. I'm the Director of Digital Asset Research at Forbes. 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. Discover more of Etherscan's tools and services in one place. Buterins total net worth jumped significantly this year following the spike of more than 300% in the price of Ethereum. Understanding EthereumEthereum boasts its own programming language, the ones who actually decided these salary numbers) offered me $185k at one point; I declined, he said. The information on this website is subject to change without notice. Be a smarter, safer investor in eight weeks. Yet, the story of the group is one. If Vitalik is lying, it's the dumbest thing in the world to lie about.". Get up to 30 ETH Bonus and 10 free spins.1,000+ Casino Games & 40,000 Sports! Buterin has also stated that the remaining 10% of his holdings will be donated to charity. Buterin is . That's second only to Bitcoin's $1.1 trillion. Les tentatives d'envoi d'une deuxime transaction ont chou. On the afternoon of May 12, Vitalik began dumping huge chunks of the dog coins. 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. Vitalik Buterins Net Worth in 2023: How Rich is the Founder of Ethereum? Manage Cookies, Vitalik Buterins Ethereum Holdings Reach $1 Billion. That said, while a blockchain can show how money moves, it doesnt tell you why. 333,520 Ether (valued at around $776 million) $78 million worth of Akita Inu (wtf! ETHs market dominance currently stands at around 16%, its highest level on record. 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. and 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. This is more . The network has come a long way since its inception, "but more still needs to be done," he concluded. Latest 25 from a total of 996 transactions, Latest 25 internal transactions (View All). 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. 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. Buterin is not the only founder of a blockchain project known for selling their substantial holdings. Vitalik Buterin has a crypto wallet that holds $305,197,377 in different types of coins and assets, as of December 23, 2022. when asked about FTX and other crypto companies that have collapsed this year. At the current ETH price, Buterin's Ether holdings on his main wallet "VB" amount to over $470 million. I do not expect he has the intention of selling his Ether, says Shimron. Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Though this may seem high to some, Buterin claims he was offered an even higher salary and didnt take it. I lose a lot of reputation. Moreover, he has stated that his salary is roughly 144,000 USD per year. Vitalik Buterin, co-creator of Ethereum, recently became one of the world's richest people with a net worth topping $21 billion. but ultimately, the entire amount was converted into USDC. Image source: Michael Ciaglo/Getty Images. Jed McCaleb, the co-founder of Ripple, also has a history of selling his XRP holdings. 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 . The value of ether in Buterin's closely watched public wallet stood at . 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. Cancel anytime. Currently, the wallet holds 333,520 ETH, or just over $1.06 billion. That's exactly what's happening with NFTs. 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. Assuming he held everything, these coins would make up 37% of his portfolio at current prices, or about $35 million. But thats not all. SHIB/USD. Yet that's not the number you see right now on Vitalik's public wallet. 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 was born in Russia in 1994. The top wallet, associated with Wrapped Ether, has sucked in almost 7 million ETH ($22.1 billion), or more than 6% of Ethereums supply. 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. Why we need wide adoption of social recovery wallets; 2021 Jan 05 An Incomplete Guide to Rollups; 2020 Dec 28 Endnotes on 2020: Crypto and Beyond; 2020 Nov 08 Convex and Concave Dispositions; 2020 Nov 06 Why Proof of Stake (Nov 2020) 2020 Oct 18 "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 . Between his three main wallets, he also holds ERC-20 tokens worth over $900,000. GitHub", "NFT mastermind says he created Ethereum because Warcraft nerfed his character", "This economist wants to abolish private property using blockchain", "Liberation Through Radical Decentralization", "A Flexible Design for Funding Public Goods", "2014 World Technology Awards * USAID Philanthropy Awareness Activity Winners", "Who is Vitalik Buterin, The Mastermind Behind Ethereum? 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. promo. Ethereum also enables the creation Distributed Applications, or dapps.