Ethereum

2024

Security

<p>The post <a href="https://coinpedia.org/crypto-live-news/buterin-transfers-8m-worth-eth-to-a-multi-sig-wallet-advocates-for-security-over-high-gas-fee/" rel="noopener noreferrer nofollow">Buterin Transfers $8M Worth ETH To A Multi-Sig Wallet, Advocates For Security Over High Gas Fee</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Ethereum co-founder Vitalik Buterin has transferred 3,000 ETH, valued at around $8 million, to a multi-signature safe wallet attracting around 0.1 ETH in gas fees (about $270). The reason for the transfer is unknown and speculated to be a donation. When a user questioned the high gas fees on the network, Buterin underscored security over high gas fees. He advocates for wallet security over concerns about Ethereum’s fluctuating gas fees. Despite a recent drop in gas fees, Ethereum’s 2024 fee levels remain high.</p>

Buterin Transfers $8M Worth ETH To A Multi-Sig Wallet, Advocates For Security Over High Gas Fee

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