Tag: Vitalik Buterin

Vitalik Buterin Drops 50 ETH to Back Tornado Cash Dev Alexey Pertsev

Summary: Vitalik Buterin, Ethereum’s co-founder, has donated 50 ETH to support Alexey Pertsev, the Tornado Cash developer facing legal trouble over allegations tied to money laundering.


Vitalik’s Big Flex for Privacy

Vitalik Buterin just reminded the crypto world why he’s a real one. The Ethereum OG dropped a solid 50 ETH to back Alexey Pertsev, a developer caught in a legal storm over Tornado Cash. The tool, known for letting users anonymize Ethereum transactions, has been a hot topic, with regulators accusing it of enabling money laundering. Pertsev’s legal battle has become a major debate about privacy rights versus government oversight in the crypto space.

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Juicebox Campaign Hits Major Goals

Vitalik’s donation wasn’t a solo move. It went to a Juicebox campaign that’s rallying support for Pertsev. So far, the campaign has raised 184.48 ETH, thanks to contributions from other privacy supporters in the crypto fam. The legal battle isn’t just about Alexey—it’s about protecting the principles that keep Web3 decentralized and secure.

Vitalik’s History of Generosity

This isn’t Vitalik’s first time coming through. During 2021, he made waves by donating over $1 billion in SHIB to the India Covid Relief Fund. He also sent $5 million in ETH to Ukraine during the Russian invasion. Whether it’s humanitarian aid or defending crypto’s core values, Vitalik stays consistent with his big-hearted moves.

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Vitalik Buterin Warns: Crypto Needs to Evolve to Compete with AI

In short, Vitalik Buterin slammed OpenAI for ditching open-source values, calling it “CloseAI,” and warned that the crypto business must evolve or risk losing talent to AI hype. He urged merging blockchain with decentralized AI to innovate beyond repetitive projects. Despite challenges, he remains hopeful about crypto attracting fresh talent and creating meaningful applications.

Vitalik Buterin, the man behind Ethereum, recently spilled some serious tea about OpenAI and the crypto world during an interview with Tencent News’ “Qianwang.” His main focus was on OpenAI’s recent glow up from an open-source darling to what he ironically quoted “CloseAI,” all for the sake of profits. And, yep, he went there, quoting Benjamin Franklin to hammer his point: “You cannot sacrifice freedom for security. If you do so, you will find that you will lose both security and freedom.” Mic drop.

OpenAI Drama: From Non-Profit to Money Machine

Vitalik didn’t hold back while calling out OpenAI’s leadership shift. Apparently, the CEO Sam Altman took over after some internal drama with the board which led to the turning of once non-profit organization into a for-profit powerhouse. The board? Basically reduced to being cheerleaders in the stands. This evolution, Buterin feels, has made OpenAI less about innovation and safety and more about cashing in.

Crypto’s Glow-Up or Glow-Down?

Switching gears, Buterin threw some shade at the crypto world too. Over the past five years, he feels like crypto’s been stuck in a bit of a rut. The big, world-changing ideas is MIA, he believes. He warned that AI hype could be stealing all the cool, creative people from crypto, leaving behind only stale folks who are just there to recycle old ideas.

But wait, all hope’s not gone. Buterin thinks merging blockchain with decentralized AI or even developing tech that can stand toe-to-toe with AI could be game-changing for crypto. His warning isn’t just about keeping up with the times but its more a call to action for the crypto community to stay bold, creative, and, most importantly, true to its roots.

Read more: Solana (SOL) Surges Past $260 as Binance Coin (BNB) Holds Steady

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