🚀veDAO Daily News 01/05/2023

veDAO is committed to providing a transparent and easy-to-access platform for all financiers, investors, and community attendants through democratic voting. With veDAO, all the participants will share the benefits of the project and benefits from the top-level project in the future.

●News

1. Genesis Dormant-labeled addresses transferred 64k \(ETH (\~\)77.6M) to 0x3113…84b and deposited ~54.99k \(WETH into MakerDAO, then borrowed \~25M \)DAI from MakerDAO, then transferred 4M \(DAI to Coinbase and 1M \)DAI to Krakenhttps://etherscan.io/address/0x3113b42b97de26116b2957288ea94120d5c3e84b

2. FTX’s former top lawyer aided U.S. authorities in Bankman-Fried case

3. BlackRock Adds Bitcoin to Their Global Allocation FundOne of the world’s biggest asset manager has added bitcoin to one of the most preferred fund for ordinary and passive investors.

●Investment and Financing

Cypher Capital, a multi-strategy crypto investment firm based in the UAE, invested $10 million in The Open Network (TON), the extension project of Telegram Layer 1 Proof of Equity Blockchain, to support its efforts in building blockchain infrastructure. Bill Qian, chairman of Cypher Capital and member of the Board of Directors of TON Foundation, said that the new funds would help TON to be widely used in the Middle East, Africa, Asia, Turkey, and India.

● Project

Sui has received $335 million in investment. Sui is a boundless platform to build rich and dynamic on-chain assets from gaming to finance. https://sui.io/

●Tools

Customized Stakeout Tools - Cryptowatch：cryptowat.ch

Crypto data API- ryptoCompare：www.cryptocompare.com

ETH layer2 data- L2BEAT：l2beat.com/scaling/tvl/

●Tutorials

Bridging Web2 & Web3 with Non-Financial NFTshttps://mirror.xyz/willcollier.eth/nNLkPmlUpLcg32W6pCd9rkx7H9v7KVYWWEDiTlbZXN0

🔴Note: The above information is for reference only and does not constitute any investment advice.🔴

●Follow Us

veDAO, led by DAO, is an investing/financing platform. Utilizing the wisdom of the masses, the platform gives full play to the elite insight. The platform, finding and supporting the most potential projects through the voting mechanism, builds a community, composed of financiers, investors, and DAO members, with shared interests, thus enabling everyone to do his part and benefit from it.

veDAO is committed to providing a transparent and easy-to-access platform for all financiers, investors, and community attendants through democratic voting. With veDAO, all the participants will share the benefits of the project and benefit from the top-level project in the future.

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