Ethereum Financial News

Layer-1 network ZetaChain has secured $27 million to support its chain-agnostic platform, according to an announcement on Aug. 16. Participants in the round include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, Krust, and other investors.

A public filing released by the United States Federal Bureau of Investigation (FBI) shows that the law enforcement agency seized around $1.7 million worth of digital assets from March to May.

Independence is the ability to own your time; it is personal autonomy and control over one's life. True independence goes beyond political or legal rights; it includes the ability to decide how one spends time and makes choices without external constraints or pressures. Being able to allocate your time according to your own preferences and priorities is financial independence. This can encompass various aspects of life, such as choosing how to work, engaging in hobbies, spending time with loved ones, pursuing personal goals, and more. In the West, this idea has crystallised into F.I.R.E., or Financial Independence Retire Early. It's a movement and lifestyle approach aimed at achieving financial independence and the ability to retire from traditional employment at an early age. The main idea behind F.I.R.E. is to save and invest aggressively during the early years of one's career with the goal of accumulating enough wealth to sustain one's desired lifestyle without relying on a traditional 10-to-6 job. The F.I.R.E. movement emphasises five key principles: High Savings Rate: Saving a significant portion of one's income, often 50% or more, is a cornerstone of the F.I.R.E. approach.

A new financial statement has revealed former United States President Donald Trump owns over $2.8 million in an Ethereum wallet.

Altcoins have been selling off on Tuesday, with the likes of XRP, Dogecoin (DOGE), Cardano (ADA), Solana (SOL), Polkadot (DOT) and Polygon (MATIC) falling between 4-7% over the course of the last 24 hours.

Singapore Red Cross, a prominent humanitarian organization, has announced a partnership with Triple-A, the first crypto payment gateway licensed by the Monetary Authority of Singapore (<dfn data-info=«The Monetary Authority of Singapore (MAS) is Singapore» s central bank. the mission of mas is to promote sustained non-inflationary>MAS), to accept cryptocurrency donations. The partnership was revealed on August 7, 2023, just ahead of Singapore's National Day.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

Zynga, the creator of the popular FarmVille game, has revealed that Sugartown, its first Ethereum-based non-fungible token (NFT) game, is "coming soon". 

Optimism (OP) is once again entering troubled waters as an attempt at consolidation above the 20DMA seems destined to fail, leading some disillusioned holders questioning whether Optimism Token is going to zero.

Base project RocketSwap Labs has outlined its emergency programme to bounce back from a brute force hack which swiped $865,000 or 471 Ether (ETH) from the protocol on Aug. 14.

A potential wave of spot Bitcoin exchange-traded funds, PayPal’s new stablecoin and a key Ethereum upgrade are among the catalysts that could wake crypto from its hibernation.

Web3 gaming platform Immutable has commenced public testing of its Immutable zkEVM in collaboration with Polygon Labs.

The Bitcoin Frontier Fund, formerly Stacks Ventures, launched what it’s calling the first Bitcoin Ordinals accelerator program on Aug. 14.

Bitcoin has been stuck inside a tight range in August. Glassnode lead on-chain analyst Checkmate highlighted that the spread between the upper and lower Bollinger Bands for Bitcoin has shrunk to 2.9%, its third-tightest ever. 

Monday, August 14, 2023 – The XRP price might be declining, but XRP20 coin buyers have staked 22.7% of its presale-allocated supply as the project hurtles toward sell-out after raising $2.74 million, with only $949,000 to go.

A new financial filing reveals that former United States President Donald Trump holds between $250,000 to $500,000 in digital assets.

The Ethereum price has barely budged today, with its current level of $1,846 representing a 0.1% fall in the past 24 hours.

As the GambleFi narrative continues to send shockwaves through crypto markets, leading crypto gamling platform Rollbit coin (RLB) appears to be facing a breakdown - and amid the tumble many are asking is Rollbit going to zero?

BNB, XRP, and Polygon were trading with marginal gains, while Ethereum, Dogecoin, Shiba Inu, Tron and Solana were trading with cuts. Meanwhile, the global cryptocurrency market cap was trading flat, around $1.17 trillion, rising 0.03% in the last 24 hours. «Crypto markets remained sideways over the weekend with Bitcoin trading close to $29,400. The lack of volatility has pulled Bitcoin futures trading volumes to their lowest levels since December 2022. This shows that traders may have been avoiding making moves at the current levels,» said, CoinDCX Research Team. BTC volume stood at approximately $9.88 billion, rising 59.34% in the last 24 hours.

A Uniswap developer known as “AzFlin” has been sacked by the founder of Uniswap Labs, Hayden Adams, for allegedly creating a memecoin and rug pulling it a few hours later for 14 wrapped-Ether (wETH), worth $25,800.

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