Vitalik Buterin moves $2m worth of Ethereum to multisig wallets – Nairametrics

Vitalik Buterin, the co-founder of Ethereum, has recently transferred $2 million worth of Ethereum to multisig wallets. This move is seen as a way to enhance security and protect the funds from potential threats. Multisig wallets require multiple signatures to authorize a transaction, making it harder for hackers to steal the funds. This decision reflects Buterin’s commitment to safeguarding his assets and ensuring the safety of his investments. It also highlights the importance of taking proactive measures to secure cryptocurrency holdings in the face of increasing cyber threats.