SupportDAO

Promoting a healthier and safer crypto community

[SupportDAO @theSupportDAO]

The mission of this DAO is to support all victims in Blockchain scams, from preventing all kinds of scams from happening through raising awareness and frequent scams reminders, to providing assistance during all kinds of situations.

[0xMM @0x_MMMM]

To show my support and to express my heartfelt gratitude.
#Trump #realDonaldTrump @realDonaldTrump

[SupportDAO @theSupportDAO]

@0x_MMMM @0xGAEA @realDonaldTrump 🔥🔥🔥

[0xLibertas @LibertasART]

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[MemoryQueen @0xMemoryQueen]

SSV analysis 8:
In order to become a validator and use SSV services, in addition to the 32 ETH pledged, you also need to pledge SSV Token as the service fee for the operator in the next year. Of course, the validator does not need to pledge the full year's fee

[SupportDAO @theSupportDAO]

On September 8, a security researcher published a blog post reporting that the developers behind the Shiba Inu coin—one with reality-defying levels of popularity at #13 on the list of coins by market cap—had apparently published their AWS credentials to Github.

[MemoryQueen @0xMemoryQueen]

SSV analysis 7:
Multiple roles are designed in the economic model designed by SSV network, including: validator, operator, liquidator, SSV Token holder, SSV DAO.

[SupportDAO @theSupportDAO]

Binance users who hold USDC (USD Coin), USDP (Pax Dollar), or TUSD (True USD) will find their holdings "converted" into Binance's stablecoin, BUSD, on September 29. The three stablecoins that Binance plans to convert are the second, fifth, and sixth largest stablecoins

[MemoryQueen @0xMemoryQueen]

SSV analysis 7:
Through the SSV operator network, it provides a stable service for the validator, guaranteeing the risk of the validator being penalized. But this service is not free. Validator needs to pay the SSV token to the operator as a service feed.

[SupportDAO @theSupportDAO]

Financial crime agents from India's Directorate of Enforcement searched the offices of CoinSwitch and the residences of some of its executives. CoinSwitch is the largest crypto company in India, and is backed by Andreessen Horowitz, Tiger Global, and Coinbase Ventures.

[MemoryQueen @0xMemoryQueen]

SSV Analysis 6:
The SSV operator network is a trustless network. Any single operator cannot use part of the validator key to perform sign alone. At the same time, the downtime of some operators will not affect other operators to perform validator duties.

[SupportDAO @theSupportDAO]

After the August 1 Nomad bridge exploit, Nomad created an address where people who took money out of the bridge could return it.

[MemoryQueen @0xMemoryQueen]

SSV Analysis 5:

SSV introduces the role of operator. A validator can select multiple operators in the SSV operator network and assign some of its validator keys to different validators. Operators can cooperate to create signatures instead of validators to perform their duties

[SupportDAO @theSupportDAO]

Ishan Wahi, a former product manager for Coinbase, was indicted on two charges of wire fraud and two charges of wire fraud conspiracy for allegedly tipping off his brother and friend to make trades based on his insider knowledge.

[SupportDAO @theSupportDAO]

Reddit announced that they will be selling "Collectible Avatars", artist variations on the Reddit "Snoo" figure that users can then customize. Amusingly, Reddit's announcement carefully dodges describing them as NFTs

[SupportDAO @theSupportDAO]

Yield farming platform CoinFLEX is the latest crypto platform to stop allowing customers to withdraw their money. Customers had raised concerns, to which a team member repeatedly replied that "we haven't stopped withdrawals" and urged chatters to "please stop spreading FUD".