Dr.Hash Daily 2023/5/31 (Wednesday)

1. Data focus: The transaction volume of #Blend exceeded 170,000 ETH in the first month of its launch, accounting for 50% of Blur's total transaction volume.

2. CoinSwitch Ventures invested $25 million in 12 startups through its Web3 Discovery Fund.

3. MAP Protocol, Waterdrip Capital and Arcane Group established a USD 10 million ecological fund.

4. Chain game Illuvium completed a financing of 10 million US dollars, and Framework Ventures participated in the investment.

5. CoinShares: The net outflow of digital asset investment products was US$39 million last week, the sixth consecutive week of outflows.

6. Global cereal breakfast and snack giant Kellogg applied for NFT trademarks for 12 of its sub-brands.

7. Bloomberg: Binance Proposes Allowing Institutional Clients To Deposit Trade Collateral With Banks Instead Of Cryptocurrency Platforms.

8. The number of Reddit Collectible Avatar NFT holders exceeded 10 million.