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- Zivoe Closes On $8.35M Fundraise Ahead Of July 31st Launch
Zivoe Closes On $8.35M Fundraise Ahead Of July 31st Launch
Also: ETH ETFs to begin trading Tuesday, WazirX hacked for $235 million, Binance executive to be sentenced in Nigeria in October.
ππ» GM GM!
Welcome back to your weekly dose of web3 insights! Your go to source for everything DeFi, RWAs, and Zivoe.
Hereβs what weβve got for you today:
Market Movements
Bite-Sized Bits
12 Days Until Zivoeβs Launch
Zivoe In The News
Memes Of The Moment
π Market Movements
Crypto prices are up!
π Bitcoin: $63,986.91 (+ 12.02%)
π΅ Ethereum: $3,398.85 (+ 10.78%)
π£ Solana: $162.41 (+ 19.89%)
π‘ Fear & Greed Index: 60 (Greed)
πͺ Bite-Sized Bits
Zivoe Closes $8.35M Fundraise Ahead Of July 31st Launch
βWe are grateful to reach this significant milestone and blessed to introduce an innovative solution to the traditional lending industry. Our ITO will provide DeFi users with unprecedented access to the consumer credit market. This is just the beginning of a new era where blockchain technology and real-world lending converge. We are beyond excited to help millions of underserved individuals around the world while bringing a new RWA product to DeFi.β
-Kristal Gruevski, Founder and General Counsel of Zivoe
ETH ETFs To Start Trading Tuesday, July 23rd
The first spot Ethereum ETFs are expected to start trading on July 23, according to multiple sources. Asset managers are adjusting their fees ahead of the launch. BlackRock has set its fees at 0.25%, with a discount to 0.12% for one year after listing for the first $2.5 billion in assets.
21Shares is offering a fee of 0.21%, with a discount for the first six months or up to $500 million in assets. Bitwise sets its fees at 0.20%, with a discount for the first six months on the first $500 million. VanEck has set its fees at 0.20%, with a discount for one year after listing on the first $1.5 billion.
WazirX hack : $235 million gone
The Indian cryptocurrency exchange WazirX was the victim of a major attack that saw over 200 different crypto assets worth around $235 million stolen. Among the stolen assets are $102 million in Shiba Inu (SHIB), $53 million in Ether, $11 million in MATIC and $8 million in PEPE.
$MATIC to become $POL on September 4th
Polygon Labs has announced the date for the upgrade of its $MATIC to the new $POL as of September 4th. This migration is part of the Polygon 2.0 roadmap, which aims to make the $POL the main token for all Polygon networks.
Mt. Gox has already transferred 36% of BTC reserves to customers
Mt. Gox has distributed more than 36% of its allocated Bitcoins to its creditors. This distribution could create minimal selling pressure in the market as the whales appear to continue accumulating Bitcoin.
Binance executive's health deteriorates in Nigeria since his transfer
Tigran Gambaryan has been detained in Nigeria and transferred to Kuje prison, where his health has deteriorated. His wife and members of the US Congress have called for his release on humanitarian grounds.
Craig Wright forced to announce on his networks that he is not Satoshi
Craig Wright has been forced by a British judge to declare that he is not Satoshi Nakamoto, the creator of Bitcoin. Judge James Mellor ordered Wright to publish the statement on his website, Slack and X.
JP Morgan CEO as future Treasury Secretary?
In an interview with Bloomberg, Donald Trump revealed that JP Morgan CEO Jamie Dimon has softened his stance on bitcoin and cryptos, and said he would consider Dimon as Treasury Secretary.
π T-Minus 12 Days To Launch
Zivoeβs launch is now just 12 days away (July 31st) and our community has been blowing up in anticipation. Weβre now over 60,000 Zivoenauts strong across Twitter, Telegram, and Discord. Welcome to all of our new community members!
We hope you can all join us for our Initial Tranche Offering on July 31st! Checkout our launch video to see how you can participate in the event and collect airdrop points ππ½
Want to learn even more about Zivoe? Read all about it in our newly updated documentation.
π° Zivoe In The News
We appreciate the feature, @CoinDesk, and for having us at this year's Startup Pitchfest at Consensus 2024 π
β Zivoe (@ZivoeProtocol)
12:03 AM β’ Jul 19, 2024
π¨ Huge Announcement
Zivoe raises $8.35M ahead of our July 31st Launch! π"This is just the beginning of a new era where blockchain technology and real-world lending converge. We are beyond excited to help millions of underserved individuals around the world while bringing aβ¦ x.com/i/web/status/1β¦
β Zivoe (@ZivoeProtocol)
12:50 PM β’ Jul 18, 2024
Zivoenauts! Show off your creativity for a chance to win cash and help spread awareness about Zivoe's mission to disrupt predatory lending by connecting on-chain liquidity to real-world borrowers. See our Discord for more information and to submit your memes.
β Zivoe (@ZivoeProtocol)
2:59 PM β’ Jul 16, 2024
is blowing up right now! This is just the last 24 hours.
The @ton_blockchain community is too strong πͺπ½
β Zivoe (@ZivoeProtocol)
2:12 PM β’ Jul 15, 2024
πΈ Memes Of The Moment
Everyone on X rn
β naiive (@naiivememe)
6:13 AM β’ Jul 12, 2024
βi heard he bought #BTC from Germany β
β naiive (@naiivememe)
4:19 PM β’ Jul 16, 2024
π² Join The Fight Against High Interest Lending!
Join our community and stay up-to-date with the latest news and developments by following us on social media. Connect with us to engage in discussions, receive real-time updates, and be part of the Zivoe movement!
Website: Zivoe.com
Twitter: @ZivoeProtocol
Telegram: @ZivoeProtocol
Discord: Join The Community
Thank you for joining us on this exciting journey. Together, we can build a brighter financial future!
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