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A wallet associated with Ethereum co-founder Vitalik Buterin has been flagged sending 400 ETH worth $600,000 to Coinbase. Blockchain sleuths have flagged a number of ETH transactions from a wallet associated to Ethereum co-founder Vitalik Buterin in September 2023 totalling over $3.9 million. Seperate blockchain monitoring profiles shared details of a 400 ETH transaction worth an estimated $632,000 from Vitalik’s wallet to Coinbase on Sept. 25. @VitalikButerin deposited 400 $ETH to #Coinbase at $1,579 ($632K) 2hrs ago. Notably, Ethereum’s co-founder has deposited a total of 2,421 $ETH to multiple CEXs at 1,628 on average ($3.94M) via two addresses over the past 10 days. More details: https://t.co/tiJwn0omkk… https://t.co/C3BqRmsUau pic.twitter.com/8v1jmadwaM — Spot On Chain (@spotonchain) September 25, 2023 According to Spot On Chain, Buterin’s most recent transaction is the latest in a spate of ETH deposits to centralized exchanges over the past 10 days. The blockchain an...

The crypto market strives to match the adoption rates of traditional payment systems, relying on solutions that deliver seamless and intuitive user experiences. While cryptocurrencies offer evident benefits like decentralization, borderless transactions at a low cost and unparalleled security, they still have to catch up with traditional payment systems in terms of user experience in order to enjoy the same adoption rate. Some major crypto exchanges have improve d their UX, but the market is still fragmented and difficult to navigate for novice users . Crypto users often have to manage several wallet addresses for each exchange separately. One of the worst-case scenarios in the space is sending crypto to the wrong address. While most crypto exchanges encourage users to copy the address with a single click, some users may still select the address and miss a letter or digit. The problem is that crypto transactions are irreversible, which is why the funds can be irretrievably lost. An...