Ethereum’s Visionary, Vitalik Buterin, Supports an Ethereum Entity with a Generous Donation!
In a recent development that has caught the attention of the cryptocurrency community, Vitalik Buterin, the visionary co-founder of Ethereum (ETH), is reported to have made a significant donation to an Ethereum-focused organization. This act of generosity comes amidst a flurry of his insightful altcoin commentary and market-moving shares.
**Elif Azra Güven** reports on this philanthropic gesture on July 7, 2024, at 07:34, with a recent update just moments ago.
In what is seen as a strategic move by Buterin, he has reportedly donated a substantial sum of 100 ETH. This information comes courtesy of Wu Blockchain, a prominent Chinese cryptocurrency journalist, who noted in a recent post that the amount, valued at roughly $300,000, was transferred to “vitalik.eth,” an address associated with Buterin himself.
The speculation is rife that this sizable transfer is intended as a donation to the 2077 Collective, an organization driven by the community with a mission to further the widespread adoption of Ethereum.
Previously, Buterin has been known for his charitable contributions, including a notable donation of 30 ETH, valued at approximately $113,000, to the founders of Tornado Cash, Alexey Pertsev, and Roman Storm.
In related news, a peek into Vitalik Buterin’s wallet, as per Arkham data, reveals a staggering $1.94 billion in cryptocurrencies. Ethereum forms the lion’s share of this portfolio, complemented by a diverse array of altcoins.
**Disclaimer:** This article is not intended as investment advice.
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