Ethereum cofounder Vitalik Buterin says he’s no longer a billionaire

Ethereum cofounder Vitalik Buterin says he’s no longer a billionaire

Ethereum cofounder Vitalik Buterin that he's no longer a billionaire. Buterin, who cofounded the blockchain network in 2014, has seen its Ether token crash by 59% since hitting a high of around $4,800 in November 2021, when his holding was valued at around $1.5 billion. In another , Buterin said: "Eventually you make a mistake in your beliefs, and (especially if you are in politics, but some other domains too) correcting that mistake means acknowledging that a previous version of yourself contributed negative value to the world." He also discussed the tradeoffs between "open-mindedness" and "passion," while expressing support for the blockchain he helped create. "Note to trolls: no, ethereum was not a mistake," he wrote. Insider reached out to Buterin via Ethereum but did not immediately receive a response. The TerraUSD and LUNA tokens last week, wiping an estimated $40 billion from the market in a matter of days. TerraUSD, a so-called "stablecoin" supposedly pegged to the value of the dollar, was last valued at about 6 cents. Ether is the second-largest cryptocurrency by market capitalization after Bitcoin, which has lost about half its value in and is about 60% below its record high of $69,000. Cameron Winklevoss, a