Vitalik Buterin photograph

Vitalik Buterin

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Gender Male
Age 30
Date of birth January 31,1994
Zodiac sign Aquarius
Born Kolomna
Russia
NationalityMontenegrin
Russian
Parents Natalia Ameline
Dmitriy Buterin
Known for Ethereum
Bitcoin Magazine
Job Writer
Official site vitalik.ca
Education University of Waterloo;
University of Waterloo
Abelard School
Awards Thiel Fellowship
Height 186 (cm)
BooksProof of Stake: The Making of Ethereum and the Philosophy of Blockchains
Full nameVitaly Dmitriyevich Buterin
Date of Reg.
Date of Upd.
ID403076
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Vitalik Buterin Life story


Vitaly Dmitrievich Buterin, better known as Vitalik Buterin, is a Russian-Canadian computer programmer, and founder of Ethereum. Buterin became involved with cryptocurrency early in its inception, co-founding Bitcoin Magazine in 2011.

FTX: Cryptocurrency market rocked by near-collapse of exchange

Sep 13,2022 8:21 pm

The digital assets market has been rocked by the near-collapse of one of The World 's biggest cryptocurrency exchanges, FTX.

On Tuesday, FTX struck a bailout deal with larger rival Binance after a surge in withdrawals triggered a " significant liquidity crunch".

Concerns about FTX's financial health reportedly triggered $6bn (£5. 2bn) of withdrawals in just Three Days .

Under a non-binding agreement, Binance will buy FTX's non-US unit.

FTX's founder Sam Bankman-Fried and Binance's chief executive Changpeng " CZ" Zhao are two of The Most powerful people in the cryptocurrency market and high-profile rivals.

The pressure on FTX came in part from Mr Zhao, who tweeted on Sunday that Binance would sell its holdings of FTX's digital token, known as FTT.

" Due to recent revelations that have came to light, we have decided to liquidate any remaining FTT on our books, " He Said . FTT has lost almost 80% of its value This Week .

On Tuesday Mr Zhao tweeted, " This afternoon, FTX asked for our help. There is a significant liquidity crunch".

Also on Twitter Mr Bankman-Fried said: " Our teams are working on clearing out the withdraw backlog As Is . This will clear out liquidity; all assets will be covered 1:1. "

The Bbc is not responsible for the content of external sites.

" This is a Black Swan event that adds more fears in the crypto space. This cold winter for crypto now takes on more fear, " Dan Ives, senior equity analyst at Wedbush Securities told The Bbc .

The News sent shockwaves through the digital assets market, with cryptocurrencies falling sharply.

Bitcoin fell by More Than 10% to hit the lowest level since November 2020.

Meanwhile, online trading platform Robinhood lost More Than 19% of its stock market value, while cryptocurrency exchange Coinbase fell by 10%.

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Source of news: bbc.com

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