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Shiba Inu (SHIB) had one of the greatest runs during the 2021 bull run. The asset’s price rallied by many million percent within a few months after its launch. Early investors made millions of dollars in profit with minimal investments. The rags-to-riches stories around SHIB solidified its status as a “millionaire-maker.” Also Read: Shiba Inu: SHIB Price Prediction 10 Years From Now Why Did Shiba Inu Rally So High In 2021? Source: Watcher Guru One of the most significant catalysts for SHIB’s incredible rally in 2021 was Vitalik Buterin‘s massive token burn. The Ethereum co-founder received half of SHIB’s supply upon launch. Buterin decided to burn 90% of the tokens he received. Buterin gave the remaining 10% of the tokens to charity. Also Read: Will GTA 6 Accept Crypto Payments? Buterin’s actions led to a substantial dip in the asset’s supply. At the time SHIB’s demand was pretty high as well. Both developments led to a significant p...

The non-fungible token market continues to regain momentum, with businesses, institutions, and notable investors shifting their focus back to this burgeoning sector. In an interesting incident, Vitalik Buterin, the co-creator of the Ethereum crypto and its blockchain network, has bridged 32 Ether from Ethereum to the Base Layer 2 blockchain network to buy some NFTs during this Trump NFT market surge. Ethereum Co-Founder Acquires Additional 400 Patron NFTs In a November 19 blog post, Peckshield, a renowned blockchain security and data analytics company, confirmed that Vitalik.eth, a crypto wallet address affiliated to Vitalik Buterin, the co-creator of the Ethereum crypto ecosystem, has bridged 32 Ethereum worth around $100,000 from Ethereum to Base. The Vitalik.eth labeled crypto address has utilized the liquidity to buy 400 Patron NFTs. #PeckShieldAlert vitalik.eth labeled address has bridged 32 $eTH from #Ethereum to #Base & minted 400 PatronNFT pic.twitter.com/z2R9r7JCP8 ...

Ethereum co-founder Vitalik Buterin slammed Michael Saylor’s suggestion that investors should store their crypto with big banks, calling the idea “batshit insane.” “I’ll happily say that I think Saylor’s comments are batshit insane,” the Ethereum co-founder said in an Oct. 22 post on X post. Vitalik Buterin Says Bitcoin Custody Through Banks Can Fail Buterin said Saylor is arguing for a ‘’regulatory capture’’ approach to protecting crypto. Some argue that has advantages because when regulated entities like BlackRock and Fidelity custody crypto assets, lawmakers and law enforcement arms are, as Buterin acknowledged, ” invested in those entities.’’ Still, the Ethereum co-founder is unconvinced it’s the best way forward. “There’s plenty of precedent for how this strategy can fail, and for me it’s not what crypto is about,” he said. Crypto was built to decentralize power...

Ethereum co-founder Vitalik Buterin has addressed recent concerns about a large ETH sale linked to his wallet. The cryptocurrency market was worried. The reason was that a wallet tied to Buterin sold over $2.2 million worth of ETH in just 12 days. Also Read: UK’s Landmark Crypto Bill: A Game-Changer for Bitcoin Holders Understanding the Impact of Vitalik Buterin’s ETH Sale on the Cryptocurrency Market The Sale Explained That sale from yesterday (by a bio-defense group I fund) was triggered by an automatic cowswap twap order that was set up way back on Aug 29. That was the last one. — vitalik.eth (@VitalikButerin) September 12, 2024 Buterin clarified the sale was automatic. He said that it was set up on August 29 using a “cowswap twap order.” He also said that this was the last sale he’s planning for now. The ETH sale was conducted by a bio-defense group that Buterin funds, which is adding an interesting twist to the story. Market Reaction The cryptocurrency...

According to the Shiba Inu (SHIB) burn rate tracker Shibburn, the project’s burn rate spiked by 139,103%. Source: Shibburn The data shows that 96.63 million SHIB tokens were incinerated in the last 24 hours, with one transaction burning over 96 million tokens. Also Read: Shiba Inu To Reach 5 Cents? Here’s When SHIB Could Hit $0.05 Factors Influencing SHIB’s Price and Burn Rate The sudden burn rate spike could be due to increased activity within the SHIB ecosystem. It could also be due to a low number of burns over the last few days and a sudden high token burn in the previous 24 hours. Will SHIB Hit $0.00002 Following the Burn Spike? Shiba Inu’s (SHIB) price has seldom rallied on token burns as the number of tokens destroyed is minuscule compared to the 589 trillion tokens in circulation. While the burn rate increased by more than 139,000% in 24 hours, the asset has rallied by only 0.2% in the same time frame. Also Read: Cryptocurrency Investor Loses $1 Million Trading Meme ...

One of the creators of the largest smart contracts blockchain, Vitalik Buterin took the stage at the Ethereum Community Conference (EthCC) to discuss the network, its strengths, weaknesses, and how to make it even better. At the Brussel’s event, Buterin noted the strides the blockchain has taken, but what work lies ahead to optimize its offerings to a growing user base. The keynote speech, to a room of more than 1,000 onlookers, covered a variety of topics. Among them was Buterin’s concerns regarding transaction censorship. Moreover, the co-founder revealed a unique proposal to those in attendance that would have a massive impact on the overarching issue. Source – Watcher Guru Also Read: Ethereum: Vitalik Buterin Wants to Redesign the Network Buterin Talks Ethereum’s Strengths, Weaknesses, and ‘Hardening’ The Network It's time! It's time! @VitalikButerin is speaking right now in the Gold Hall We have a full house of eager beavers ready to hear his k...