{"id":436031,"date":"2023-09-04T01:30:22","date_gmt":"2023-09-04T01:30:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=436031"},"modified":"2023-09-04T02:07:14","modified_gmt":"2023-09-04T02:07:14","slug":"ethereum-co-founder-liquidates-makerdao-stake-amid-plans-for-solana-fork-while-solana-foundation-suggests-asset-distribution-for-collapsed-ftx-customers","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ethereum-co-founder-liquidates-makerdao-stake-amid-plans-for-solana-fork-while-solana-foundation-suggests-asset-distribution-for-collapsed-ftx-customers","title":{"rendered":"Ethereum Co-Founder Liquidates MakerDAO Stake Amid Plans for Solana Fork, While Solana Foundation Suggests Asset Distribution for Collapsed FTX Customers"},"content":{"rendered":"

In a recent and noticeable development, Vitalik Buterin<\/a>, co-founder of Ethereum, divested himself of his remaining holdings in MakerDAO. Utilizing the CoW Protocol, he liquidated 500 MakerDAO tokens and acquired 353 ETH, valued at approximately $580,000. This decision was taken after MakerDAO co-founder and CEO, Rune Christensen, elaborated on the strategic vision of his organization through a blog post<\/a>.<\/p>\n

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The last phase of Endgame is the launch of a native blockchain for Maker with the codename NewChain<\/p>\n

It will make the ecosystem more secure and efficient<\/p>\n

After some research, I believe the Solana codebase should be considered as the basis for NewChainhttps:\/\/t.co\/KyGxBBGlVH<\/a><\/p>\n

— Rune (@RuneKek) September 1, 2023<\/a><\/p><\/blockquote>\n