US EditionVitalik Buterin to spend $43 million on Ethereum development
- In a Friday post on X, Vitalik Buterin, Ethereum co-founder, withdrew 16,384 ETH, worth roughly $43 million, to fund an open-source, secure, and verifiable full stack as the Ethereum Foundation enters "mild austerity."
- The Ethereum Foundation is entering a period of mild austerity, with Buterin calling it his "own share of the austerity" as he takes on work previously run as foundation special projects.
- Technical targets include finance, communications, governance, operating systems, secure hardware, biotech and privacy-preserving tools, with efforts on the Kohaku wallet framework and Helios client to enhance privacy and user control.
- Arkham reports the Ethereum Foundation holds about $558 million in crypto assets, with daily active addresses nearing one million and weekly DEX volumes about $13 billion; broader ecosystem nearly $27 billion after the Fusaka upgrade.
- He declared 2026 as the year to restore self-sovereignty and is exploring decentralized staking to fund public-good infrastructure, framing it as 'Ethereum for people who need it'.
29 Articles
29 Articles
Vitalik Buterin Commits $45 Million In ETH To Support Ethereum’s Development And User Security ⋆ ZyCrypto
The post Vitalik Buterin Commits $45 Million In ETH To Support Ethereum’s Development And User Security ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement Ethereum co-founder Vitalik Buterin has withdrawn 16,384 ETH, worth roughly $45 million at current market prices, to personally finance a broader effort to build an open-source, secure, and verifiable “full stack” of software and hardware. Ethereum Foundation Enters A Period Of …
Vitalik Buterin Allocates $45M ETH to Advance Privacy Tech
Key Insights: Vitalik Buterin withdrew 16,384 ETH, about $45 million, to fund open source privacy and security work over the next few years. The plan is tied to the Ethereum Foundation entering a period of mild austerity, per Vitalik Buterin’s statement. Vitalik is exploring decentralized staking so that staking rewards can provide more long-term funding for these goals. Vitalik Buterin set aside 16,384 ETH. The amount is worth about $45 millio…
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