InfiniteVirtualSpace plans to invest $1 million to support the overall IVSDAO setup.

According to a tweet from crypto trader and analyst Edward Morra, the Ethereum Foundation may sell ETH from the top to (again) raise funds for it. Since then, ETH has fallen over 40%. The above trade took place on November 11 last year at 14:56 UTC. At that time, the Ethereum Foundation was selling $90 million worth of ETH to Kraken, and the exchange rate for ETH was $4810. Analysts say this is not the first time the Ethereum Foundation has been funded at or near the top of the Ethereum market. (U.Today)