There are new developments on the Ethereum front. The Ethereum investor, who is currently focused on the Merge update, is being defrauded. Days before Ethereum Merge, opportunistic cryptocurrency scammers are trying to defraud investors by impersonating Vitalik Buterin.

The official Twitter account of KMFM, a UK radio station, was recently hacked. Attackers started scamming Ethereum (ETH) by impersonating Vitalik Buterin.

Verified Twitter accounts began to be taken over by hackers over the past week. Especially in attacks targeting the Ethereum community, hackers want to obtain ETH before Merge. In mid-August, Buterin warned his followers about the scams, saying that all such accounts are fake and have nothing to do with it.

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In early September, it was reported that some Ethereum users were facing a new attack and scammers were pretending to vote to fork Ethereum 2.0.

The Ethereum Merge update is expected to occur September 13-16 after several years of delay. With the new update, Ethereum will be able to reduce energy use by 99.95 percent by switching to Proof-of-stake.

Let's take a look at the state of Ethereum. According to CoinGecko data; At the time of writing, ETH is trading at $ 1,769. The 24-hour trading volume is $12,147,490,127. ETH price has increased by 2.5% in the last 24 hours.

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Surprise Visit from Vitalik Buterin, Founder of Ethereum!

ETH founder Vitalik Buterin, born in Russia, took a special time to visit the update of the ETH blockchain known as Merge. The organizers said that the founder of ETH, Vitalik Buterin, surprised the attendees of the Kyiv Technology Summit yesterday, supporting Ukraine, devastated by the war. The visit was kept secret until the last minute due to security measures.

The ETH founder, who met with Russian President Vladimir Putin in 2017 to discuss ETH investments, has been criticizing his country's government and its war with Ukraine for years. Speaking at the closing panel of the summit, Buterin said:

"I've been following Ukraine closely since the war started. I wanted to come here and see for myself. I came to Ukraine to let you know that many people in the ETH and crypto world really care about and support you."

Buterin added that he wonders what kind of projects people in Ukraine are interested in, what implications this interest might have for blockchain, Web3 and ETH. The founder of ETH provided great financial support to Ukraine.