Vitalik Buterin to spend $43 million on Ethereum development

Vitalik Buterin, the co-founder of Ethereum and a prominent figure in the cryptocurrency space, has made the significant decision to allocate a substantial sum of $43 million towards the development and enhancement of the Ethereum blockchain ecosystem. This investment aims to support various initiatives, projects, and advancements that will improve the network's scalability, security, and overall functionality, further solidifying Ethereum's position as a leading platform for decentralized applications and smart contracts. source: https://www.coindesk.com/business/2026/01/30/vitalik-buterin-withdraws-usd17-million-in-eth-as-ethereum-foundation-enters-mild-austerity