Ethereum

Bitcoin

<div class="watcher-guru"> 
 <p>A wallet linked to <a rel="dofollow" title="Vitalik Buterin" href="https://thebittimes.com/tag/vitalik-buterin.html">Vitalik Buterin</a> deposited around 400 <a rel="dofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> on Coinbase a couple of hours ago. At the press time price of $1579.46, the value of the transferred Ether summed up to $631,840. The exact reason behind the latest transfer remained unknown. According to on-chain data from Etherscan, the “Vb 2” wallet transferred <a rel="dofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> to another address, which subsequently transferred the <a rel="dofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> to Coinbase. Chinese journalist Colin Wu pointed out that in the past 7 days, the Ethereum Co-Founder transferred 300 <a rel="dofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> to Kraken, and 200 <a rel="dofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> was converted to USDC. </p> 
 <figure class="wp-block-image size-large is-resized">
  <img decoding="async" src="https://cdn.thebittimes.com/images/2023/09/25/27e7e7bb201bbad7336a6d4d00c5fed1.webp" alt class="wp-image-113203" style="width: 100%;height:122px" width="700" height="122" srcset="https://cdn.thebittimes.com/images/2023/09/25/27e7e7bb201bbad7336a6d4d00c5fed1.webp 1024w, https://cdn.thebittimes.com/images/2023/09/25/27e7e7bb201bbad7336a6d4d00c5fed1.webp 300w, https://cdn.thebittimes.com/images/2023/09/25/27e7e7bb201bbad7336a6d4d00c5fed1.webp 768w, https://cdn.thebittimes.com/images/2023/09/25/27e7e7bb201bbad7336a6d4d00c5fed1.webp 1536w, https://cdn.thebittimes.com/images/2023/09/25/27e7e7bb201bbad7336a6d4d00c5fed1.webp 380w, https://cdn.thebittimes.com/images/2023/09/25/27e7e7bb201bbad7336a6d4d00c5fed1.webp 550w, https://cdn.thebittimes.com/images/2023/09/25/27e7e7bb201bbad7336a6d4d00c5fed1.webp 800w, https://cdn.thebittimes.com/images/2023/09/25/27e7e7bb201bbad7336a6d4d00c5fed1.webp 1160w, https://cdn.thebittimes.com/images/2023/09/25/27e7e7bb201bbad7336a6d4d00c5fed1.webp 1920w" sizes="(max-width: 700px) 100vw, 700px">
  <figcaption class="wp-element-caption">
   Source: Etherscan
  </figcaption>
 </figure> 
 <p><strong>Also Read: Ethereum Drops to 14 Month Low Against Bitcoin: Dominance Dips to 18%</strong></p> 
 <p>At press time, the wallet had a balance of 0.00021 <a rel="dofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a>, worth a meager $0.34. Apart from Ether, this address had no other token holding. Contrarily, the address labeled “Vb 2” had more than 201 tokens in possession, worth $191,210, while the Ethereum balance stood over $2.7 million. Around a month ago, the <a rel="dofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> co-founder indulged in another <a rel="dofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> transfer. At that time, he transferred 600 <a rel="dofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> worth $1 million [at the time of transfer] to Coinbase.</p> 
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add">
   <div data-fuse="22560828227"></div>
  </div> 
 </div> 
 <div class="wp-block-image"> 
  <figure class="aligncenter size-full is-resized">
   <img decoding="async" src="https://cdn.thebittimes.com/images/2023/09/25/a3cad1cdb49ee92bdc7a3da79202e2ba.webp" alt class="wp-image-113204" style="width: 100%;height:227px" width="429" height="227" srcset="https://cdn.thebittimes.com/images/2023/09/25/a3cad1cdb49ee92bdc7a3da79202e2ba.webp 858w, https://cdn.thebittimes.com/images/2023/09/25/a3cad1cdb49ee92bdc7a3da79202e2ba.webp 300w, https://cdn.thebittimes.com/images/2023/09/25/a3cad1cdb49ee92bdc7a3da79202e2ba.webp 768w, https://cdn.thebittimes.com/images/2023/09/25/a3cad1cdb49ee92bdc7a3da79202e2ba.webp 380w, https://cdn.thebittimes.com/images/2023/09/25/a3cad1cdb49ee92bdc7a3da79202e2ba.webp 550w, https://cdn.thebittimes.com/images/2023/09/25/a3cad1cdb49ee92bdc7a3da79202e2ba.webp 800w" sizes="(max-width: 429px) 100vw, 429px">
   <figcaption class="wp-element-caption">
    Source: Etherscan
   </figcaption>
  </figure>
 </div> 
 <p><strong>Also Read: 97.5% of New Bitcoin Investors Are at a Loss</strong></p> 
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div id="primisContainer" class="add"></div> 
 </div> 
 <h3 class="wp-block-heading" id="h-building-on-ethereum-is-the-key-buterin">Building on Ethereum is the Key: Buterin</h3> 
 <p>At the moment, one of the biggest challenges for Buterin and the Ethereum community is to ensure that Ethereum actually provides value to people. Several members of the community, including Big Four accounting firm Ernst &amp; Young’s Global Blockchain Leader, Paul Brody,&nbsp;continue to be optimistic about this network. In fact, in a recent interview with CNBC, the Ethereum co-founder asserted that the on-chain experience ought to be “actually good” for regular people to use. Buterin added,</p> 
 <p><strong>“The way that I see the Ethereum ecosystem in general is that the last decade was the decade of kind of playing around and getting Ethereum right. This decade is the decade where we have to actually build things that people use.</strong></p> 
 <figure class="wp-block-image size-large">
  <img decoding="async" loading="lazy" width="1024" height="713" src="https://cdn.thebittimes.com/images/2023/09/25/88e65986f037e7b789d4fdc3acab4fde.webp" alt class="wp-image-113202" srcset="https://cdn.thebittimes.com/images/2023/09/25/88e65986f037e7b789d4fdc3acab4fde.webp 1024w, https://cdn.thebittimes.com/images/2023/09/25/88e65986f037e7b789d4fdc3acab4fde.webp 300w, https://cdn.thebittimes.com/images/2023/09/25/88e65986f037e7b789d4fdc3acab4fde.webp 768w, https://cdn.thebittimes.com/images/2023/09/25/88e65986f037e7b789d4fdc3acab4fde.webp 380w, https://cdn.thebittimes.com/images/2023/09/25/88e65986f037e7b789d4fdc3acab4fde.webp 550w, https://cdn.thebittimes.com/images/2023/09/25/88e65986f037e7b789d4fdc3acab4fde.webp 800w, https://cdn.thebittimes.com/images/2023/09/25/88e65986f037e7b789d4fdc3acab4fde.webp 1108w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Ledger Insights
  </figcaption>
 </figure> 
 <p><strong>Also Read: Bitcoin ROI ‘Close’ to Tesla, Nvidia</strong></p> 
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add">
   <div data-fuse="22560828233"></div>
  </div> 
 </div> 
 <p></p> 
</div> 
<div class="cs-entry__tags">
 <ul>
  <li>COINBASE</li>
  <li>ETH</li>
  <li>ethereum</li>
  <li>Vitalik Buterin</li>
 </ul>
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/vitalik-buterin-transfers-400-ethereum-to-coinbase-tbt63864.html">https://thebittimes.com/vitalik-buterin-transfers-400-ethereum-to-coinbase-tbt63864.html</a></p>

Vitalik Buterin Transfers 400 Ethereum to Coinbase

Table of Contents

TheBitTimes

Other articles published on Sep 25, 2023

FBBank NFT Phase 8 Airdrop!

Tijani Bosun’s plans to stimulate startups listing on NGX

Render Price Prediction: Will RNDR Price Reach $2 By End of 2023?

Bitcoin and Ethereum's Divergence: Short-Term Cryptocurrency Market Trends

The Great Venezuelan Prison Bitcoin Mining Bust

Ripple (XRP), Polygon (MATIC) and Shiba Budz (BUDZ) have Built a lot of Traction, and BUDZ Presal...

Join our free newsletter for daily crypto updates!