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

CoinPedia News

Other articles published on Aug 9, 2024

The real culprit behind the global stock market crash is the “Mrs. Watanabe,” a favorite of inves...

JPMorgan Warns of Limited Upside for Bitcoin Despite Potential Catalysts

Tether mints 1.3B USDT since market bottom — Can it push Bitcoin above $65K?

CBOE Refiles Application For Bitcoin ETF Options, Signaling Potential SEC Engagement

47 Crypto Companies Apply for Licenses in Turkey as Regulations Tighten

Analysts Said "This Situation Is Rarely Seen in Bitcoin", Pointed to Next Week for Rise!

Join our free newsletter for daily crypto updates!