Vitalik Buterin’s X account hacked, draining over $691K from victims’ wallets

    Following the breach of Ethereum co-founder Vitalik Buterin’s X (formerly Twitter) account, victims allegedly suffered losses exceeding $691,000 due to a malicious link that falsely promoted a free NFT. Vitalik Buterin, co-founder of Ethereum has allegedly had his X (formerly Twitter) account compromised. According to prominent blockchain investigator ZachXBT, the incident has led to victims collectively…

    Financial privacy and regulation can co-exist with ZK proofs — Vitalik Buterin

    A new paper co-authored by Ethereum’s Vitalik Buterin highlights the use of zero-knowledge proofs as a tool for regulatory compliance and on-chain privacy. Ethereum co-founder Vitalik Buterin has published a research paper diving into privacy pool systems as a tool to achieve more privacy in financial transactions, allowing users to prove dissociation from illicit funds through zero-knowledge-proof…

    Vitalik Buterin on fix for Ethereum centralization — make running nodes easier

    Ethereum co-founder Vitalik Buterin says node centralization is one of Ethereum’s main challenges but the perfect solution may not come for another 20 years. The centralization of nodes is one of the biggest problems facing the Ethereum network and should be addressed by making the running of nodes cheaper and easier, according to Ethereum co-founder…

    Vitalik Buterin declares he is not staking all of his ETH, merely a ‘small portion’

    Ethereum co-founder Vitalik Buterin explained the “biggest reason” is because it has to be on a multisig, which is still “fairly difficult” to set up. Ethereum co-founder Vitalik Buterin stated that he does not stake all of his Ether due to multisignature wallets being “complicated in a bunch of ways.” On the June 29 episode of the Bankless podcast, Buterin revealed…

    Vitalik Buterin: Ethereum ‘fails’ without these 3 important ‘transitions’

    Layer-2 scaling, wallet security and privacy-preserving features are all necessary to secure Ethereum’s future, according to the Ethereum co-founder. Ethereum co-founder Vitalik Buterin believes the success of Ethereum will come down to three major technical “transitions” that need to happen almost simultaneously — layer-2 scaling, wallet security and privacy-preserving features. In a June 9 post…

    Buterin weighs in on zk-EVMs’ impact on decentralization and security

    Vitalik Buterin has weighed the impacts of the addition of zk-EVMs at the protocol level, saying it could speed up the verification process on the base layer. Ethereum co-founder Vitalik Buterin wants to see zero-knowledge Ethereum Virtual Machines (zk-EVMs) built on Ethereum’s first layer to speed up the verification process on the base blockchain. Buterin…