Just $20 million of the $1 billion in cryptocurrency that Ethereum co-founder Vitalik Buterin donated to a COVID-19 relief fund in India has so far been cashed out and distributed to aid recipients. Figuring out why the process is not as frictionless as crypto users would hope is the focus of a recent interview with the fund’s founder, Sandeep Nailwal. Cointelegraph readers will recall that this May, Buterin’s decision to liquidate several of his meme coin positions and donate the proceeds to various charities had prompted panic and admiration in equal helpings. Panic, firstly, set in among those traders who …

A cat-themed animated series featuring prominent entertainers and personalities from the crypto space is reportedly back on schedule after an unexpected delay. Stoner Cats is an NFT series launched by actress Mila Kunis in partnership with CryptoKitties co-founder Mack Flavelle, CryptoPoops NFT creator Jonathan Howard and others through their recent endeavor, Big Head Club. The project is scheduled to launch at 5:00 pm EST today after a false start prevented the tokens from dropping on Monday. The project's NFTs, which feature characters from the show, will allow holders to watch episodes as they're produced and, at some future point, may …

Actor and venture capitalist Ashton Kutcher has published a video to Twitter featuring himself, his wife, Mila Kunis, and Ethereum co-founder Vitalik Buterin, to explain the project to newcomers. For the first minute, the video shows Kutcher quizzing Kunis on basic terms relating to cryptocurrency and blockchain technology in a living area of their home. After Kunis offers simple one-sentence definitions to explain “crypto,” “blockchain” and “decentralization,” Kutcher asks for a description of Ethereum. The camera then pans to the right, moving past Kunis to reveal Buterin seated at a table. Welcome to kutcher kitchen talks EP 1 #KryptoWithKunis #StonerCats …

The cryptocurrency community is highly anticipating the release of a new documentary about the Ethereum blockchain, with the film’s funding campaign exceeding expectations. A crowdfunding round for the Ethereum-themed documentary, dubbed Ethereum: The Infinite Garden, has surpassed its goal of 750 Ether (ETH), raising a total of 1,035.96 ETH worth $1.9 million as of Friday, the creators announced. And that’s a wrap. 984.16 ETH raised for the film. 31.08 ETH to @gitcoin grants. 20.72 ETH to @Carbonfundorg. THANK YOU to everyone who supported, and congratulations to our new producers. Now let’s go make a movie! See the complete set of …

Ethereum 2.0 (Eth2) is being pegged as the blockchain Messiah of Ethereum. Newsflash: it's not. The long-awaited changes are not expected to solve core issues that are plaguing the network and forestalling wider adoption. Vitalik Buterin, the brilliant mastermind behind the Ethereum blockchain, considers the personnel working with Ethereum as a bigger problem than the actual software, as he stated in a recent interview with Forkast news. While the personnel working on the project may or may not be problematic, it's surely not the only shortcoming. As promising as the new rollout may seem, the kind of software upgrades set …

In his recent appearance on the Lex Fridman Podcast, Ethereum co-founder Vitalik Buterin revealed he profited more than $4 million from a $25,000 investment that he made into Dogecoin (DOGE) during 2016. But true to form, he gave it all away to charity. Dogecoin was created in December 2013 and sought to capitalize on the popularity of the then-popular Shiba Inu-inspired dog meme, with Buterin describing DOGE as among the first “fun coins” launched into the burgeoning crypto asset ecosystem. Although he was impressed by the community that had formed around DOGE, Buterin joked about the lack of investment thesis …

At a conference yesterday, Ethereum co-founder and unofficial figurehead Vitalik Buterin argued that Ethereum’s upcoming transition to a proof-of-stake consensus mechanism is a “solution” to the blockchain’s rampant energy consumption that has been incensing critics as of late. In an interview at the StartmeupHK virtual conference hosted from Hong Kong, Buterin said that while proof of stake is “still in its infancy and less battle-tested” than Ethereum’s current proof-of-work model, it can ultimately reduce the chain’s energy consumption by upwards of 10,000x. The comments come amid a period of rampant criticism of blockchain technology for its ecological impact — including …

Elon Musk captured the world’s attention when he declared that Tesla would no longer accept Bitcoin as a payment method, citing the blockchain’s environmental impact. Although this thrust the debate about cryptocurrencies and the climate into the spotlight, this has been an issue that has been rumbling on for many years. Bitcoin’s proof-of-work consensus mechanism is exceedingly energy intensive, and it seems to be a problem that’s only getting worse — with vast data centers established as miners vie to get their hands on a supply of new coins that has dwindled further since the 2020 halving. The latest figures …

Ethereum co-founder Vitalik Buterin thinks that crypto is in a bubble and that the energy debate swirling around Bitcoin (BTC) mining requires the blockhain to embrace technological change. Buterin spoke with CNN on Tuesday, noting that "We've had at least three of these big crypto bubbles so far." He added that it could have ended already, or it could end months from now. i like this kid https://t.co/4wRBuwSObQ — Dmitry ButΞrin (@BlockGeekDima) May 20, 2021 The 27-year-old didn’t comment on whether the recent crash that sent Bitcoin down to around $30,000 was an indicator of the crypto bubble ending, but …

Ethereum co-founder Vitalik Buterin has burned nearly half of the supply of the popular Dogecoin (DOGE) clone Shiba Inu (SHIB). In a statement embedded into the transaction on Sunday, Buterin explained why he had decided to burn $6.7 billion worth of SHIB tokens, emphasizing the “generosity” of the “dog token communities.” “I’ve actually been impressed by how the dog token communities have treated the recent donations! Plenty of dog people have shown their generosity and their willingness to not just focus on their own profits but also be interested in making the world as a whole better. I support all …

Never a dull day indeed. Today was among the busiest in recent DeFi memory, featuring a hack worth eight figures, a token dump worth upwards of eleven from none other than Ethereum co-founder Vitalik Buterin himself, a significant update on institutional adoption from Aave, and a proposal on Uniswap’s governance forums to turn $UNI into a governance token — a proposal once again courtesy of Vitalik. Rapid reactions, roughly in chronological order (assuming my memory isn’t totally fried from today): Aave announces permissioned institutional trial pool As first reported by Cointelegraph earlier today, Aave currently has a private test pool …

The dog-themed race up the cryptocurrency charts came to an abrupt halt on May 12 as a majority of the previously hot meme tokens including Shiba Inu (SHIB) and Dogelon Mars (ELON) saw their prices drop more than 40% with Ethereum (ETH) co-founder Vitalik Buterin emerging as the main culprit behind the selloff. Data from Cointelegraph Markets and TradingView shows that the price of SHIB has fallen 40% and now trades near $0.00002 while the price of Akita Inu (AKITA) has declined 50% and ELON has collapsed by 90%. A number of observant crypto pundits noticed large movements coming from …