Ethereum Foundation Calls Another Peak With 20K ETH Sale
Ethereum Foundation has once again made a sale that coincided with the market peak. The foundation has been known to make sales that have been perfectly timed to the market. This time around, the market crash occurred about two days after and has since caused ETH to lose 40% of its market value. Speculations in […]
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The Ethereum Foundation, the organization leading the development of this blockchain, made a fresh sale of ETH in exchange for millions of dollars. This time, the organization was the victim of the vicious fees market structure ruling transactions on the network. Related Reading: BitVM Turns Bitcoin Into Ethereum Without Fork, All Altcoins Useless? Ethereum Foundation […]
As of 10/24/2014, 41 days remain to participate in the Note pre-sale. The BitShares Music Foundation is auctioning 5 million Notes — Notes are a unit that is required to use BitShares Music, a technology ushering in the future of music. The funds will go towards launching the BitShares Music blockchain, ‘the first blockchain to be used by the masses.’ The genesis block will be distributed to BitShares Protoshares (PTS), Angleshares (AGS), pre-sale participants, and the BitShares Foundation. “35% of the Notes are going to the holders of BitShares PTS. 35% of the Notes to those who donated....
Great news from The Sync Foundation as they announce the first sale of one of their domains. This is incredible news for both the Sync Foundation and for its cryptocurrency SyncCoin as the domain names held by The Sync Foundation are their assets. In regards to the selling of the domain, co-founder of the Sync Foudation Mike Fiol stated that: “Premium domain names sell – it was simply a matter of patience and timing.” He calls it Proof of Concept. The domain that was sold was SchoolLoans.com, and the amount it was bought for is being kept private at the buyer’s request. Reportedly, the....
Apparently, there are incredible traders in the Ethereum Foundation. Once again, they managed to cash out at the very top. On November 16th, ETH was worth an all-time high of $4891. On the very next day, the Ethereum Foundation sent 20,000 ETH to Kraken and sold them. Is this suspicious at all? Not per se, but this is the second time that they pull the same magic move. Related Reading | Why The Ethereum Foundation Launched A Client Incentive Program A professional trader that goes by the name Edward Morra on Twitter was the first to spot the trade. “Friendly reminder that ETH....
Microsoft, an American multinational technology corporation, recently hosted an Ethereum Classic meetup joined by original Ethereum founder Charles Hoskinson in its London headquarters. Hoskinson, who left the Ethereum foundation in 2014 before the pre-sale of ETH began, was pushed out of the organization after solidifying his stance on establishing the foundation as a non-profit entity. The Ethereum foundation however, decided to accept venture capital investment and pursue the path of a full profit company. “Concisely, we had a philosophical fight about whether to take VC money or not....