Good Morning
VITALIK BUTERIN MOVES $1.83M TO RAILGUN AS BLACKROCK BUYS $77 m IN ETHEREUM
:- Vitalik Buterin transferred 693.91 ETH and $340,931 USDC to the privacy protocol Railgun.
:- BlackRock purchased 29,580 ETH worth $77.1M, following a previous $48.4M ETH buy.
Ethereum co-founder Vitalik Buterin has transferred 693.91 ETH, valued at $1.83 million, along with 340,931 USDC, to the privacy-focused protocol Railgun. The transaction was executed through an intermediary wallet, adding a layer of obfuscation. Of the USDC transferred, $240,931 came from the Moloch Foundation, a group that funds Ethereum development.
Though Buterin has not issued a statement, the move aligns with his long-standing advocacy for privacy. He has called privacy “normal” and argued that users should not be tracked for simple transfers. Railgun enables private transactions while integrating mechanisms to deter bad actors, making it a fitting choice for Buterin’s stance.
$BTC
#BinanceAlphaAlert