News ID: 89929
Publish Date : 05 May 2021 - 20:35

Ethereum Creator Becomes World’s Youngest Crypto Billionaire

LONDON (Dispatches) - The latest surge in the price of the world’s second biggest digital asset, ethereum, turned its co-founder Vitalik Buterin into the youngest crypto billionaire in history.
The public ether address of the Russian-born Canadian IT programmer hit $1 billion on its balance sheet after ether’s meteoric growth to $3,200 was recorded earlier this week.
In 2018, Buterin referred to the address as his main wallet. The wallet held 333,521 ether coins worth nearly $1.16 billion at 14:03 GMT, according to on-chain data-tracker Etherscan, as bitcoin’s number one rival quadrupled in value this year.
Ether was trading at $3,456, up more than 11% over the past 24 hours, with gains of 37% over the past seven days, according to data tracked by CoinMarketCap.