Vitalik sold MKR tokens after MakerDAO CEO said this. Elon Musk has been dreaming of Doge. Get crypto for just using your phone! 🤩 Why Bitcoin x AI is the ultimate tech duo.
GM fam! Wait, we just heard Vitalik’s walking away? From what? 🥵
We’ve covered the reason for Vitalik’s goodbyes, Elon’s Dogedream for X, Bitcoin and AI fusion and cool products like Amaze Wallet and Whitepay, along with new opportunities to learn, earn and move up in web3! 🚀
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Vitalik Buterin Says Goodbye to MakerDAO As They Move to Solana 👋
Everyone’s fav crypto icon, Vitalik Buterin, has sold his MakerDAO (MKR) tokens. This is the first time in two years he's done this, and no one will shut up about it. 🤭
💡 MakerDAO is a decentralized platform that powers DAI, a stable digital currency. MKR token holders govern the Maker Protocol and offer the benefits of digital money to anyone, anywhere.
The Deets 📝
Vitalik sold 500 MKR tokens for about $581,000, and the transaction was executed via CoW Protocol.
The 350 ETH he received in return were transferred to a specific address.
This exit comes after MakerDAO CEO Christensen publically praised Solana’s codebase.
Coincidence? People think not! But are we really going with Vitalik being butthurt over this comment? Nope, becasue…
Here’s The Bigger Picture 🖼️
MakerDAO has been in good luck for some time with positive changes coming their way. They've returned to profitability and even announced the introduction of SubDAOs in South Korea. 🇰🇷 But here's the kicker:
Christensen has proposed moving away from Ethereum to create a new native chain using Solana's codebase.
He believes in Solana's technical framework and its robust ecosystem, especially post the "FTX blowup.”
After Vitalik's sale, MKR's price droppedby2.65% in 24 hours but is still up by 8% for the week.
Could Vitalik’s sale be a silent protest to send some message to the MakerDAO community and its leadership, or could he be planning to invest in another project that aligns more closely with his vision? 🤔
The Future of MakerDAO 🛠️
Cosmos is another blockchain network that’s been considered a contender, and many members seem to be bullish on it over Solana, but Solana seems to be the ideal choice, according to Christensen, for now. 💁♀️
We are yet to see the techimplications and communityimpact, especially on those who have been long-term supporters. Are you bullish or bearish on MakerDAO's future?
And what do you make of Vitalik's exit? 🎤 Drop your opinions below!
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🎙 Partnership, Modular Future & Keeping Your Socials Updates 🎙
We talked to Arjun Kalsy, the man behind Polygon’s growth and now the Ecosystem Head of Mantle Network, to talk about supporting developers and insights from his journey.
Watch the 30-minute episode on YouTube. 👇
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ARK Invest's CEO, Cathie Wood, is excited about the fusion of Bitcoin and AI. Wood highlighted the transformative potential of these two coming together and hinted at a future where industries evolve and economies thrive. With ARK's history in AI and Bitcoin investments, it seems this fusion might be the next big thing in the investment world.
We’re super excited for the game-changing potential of this tech duo! ✨
Elon Musk's biography snippet reveals his vision for the “everything app”, with Dogecoin at its heart for payments. Musk had been "semi-seriously" considering integrating Dogecoin for in-app payments on X and had even been secretly backing Doge.
India's Yes Bank has integrated the UPI with the Reserve Bank of India's Central Bank Digital Currency (CBDC) app, aiming to expand the Digital Rupee's reach. This integration will allow users to scan any UPI QR code via the bank's Digital Rupee app for transactions. Digital Rupee, just like physical cash, guarantees settlement and is a government-issued legal tender.
This move is set to supercharge the digital rupee's debut in daily spending! 🚀
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