Nov 8: DAI Rebrand, Bitcoin 🚀, Detroit's Accepts BTC
Daily Crypto News8 Marras 2024

Nov 8: DAI Rebrand, Bitcoin 🚀, Detroit's Accepts BTC

In this episode, we cover MakerDAO’s bold rebrand to "Sky," a move backed by its founder’s ambitious "Endgame" strategy to expand with new stablecoins, subDAOs, and infrastructure. We’ll dive into Detroit’s announcement as the first major U.S. city to accept crypto for taxes, signaling its tech-friendly transformation, and Coinbase’s launch of cbBTC on Solana to revitalize DeFi after FTX’s collapse. We’ll also discuss Ethereum Foundation’s transparency report, revealing a $970M treasury and stricter conflict of interest policies. Lastly, WonderFi CEO’s recent kidnapping underscores rising security risks in the crypto world.


RESOURCES


https://www.theblock.co/post/325096/just-four-entities-account-for-nearly-all-the-votes-to-keep-makerdaos-rebranding-to-sky?utm_source=rss&utm_medium=rss


https://www.theblock.co/post/325122/detroit-will-become-the-largest-us-city-to-accept-crypto-for-taxes-and-fees?utm_source=rss&utm_medium=rss


https://www.coindesk.com/business/2024/11/07/coinbase-brings-bitcoin-to-solana-spurring-high-hopes-for-defi-surge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines


https://www.theblock.co/post/325166/ethereum-foundation-holds-788-million-in-crypto?utm_source=rss&utm_medium=rss


https://www.coindesk.com/policy/2024/11/08/ceo-of-canadian-crypto-holding-returns-safely-after-paying-720k-ransom-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines


Secure your Business & Digital Life with Cyber Strategy Institute


https://cyberstrategyinstitute.com/warden/

https://csi-store.samcart.com/products/wardenguard-personal-1device-annual/?coupon=DCN_Warden


https://csi-store.samcart.com/products/wardenvault-personal-managed-1device-annual?coupon=DCN_Warden

WHERE TO FIND DCN

https://substack.com/@dcndailycryptonews

https://twitter.com/DCNDailyCrypto


EMAIL US

matt@dailycryptonews.net

sarah@dailycryptonews.net

——————————————————————

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!

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