"Binance to launch LDUSDT" Apr 09, 2025

"Binance to launch LDUSDT" Apr 09, 2025

Released Wednesday, 9th April 2025
Good episode? Give it some love!
"Binance to launch LDUSDT" Apr 09, 2025

"Binance to launch LDUSDT" Apr 09, 2025

"Binance to launch LDUSDT" Apr 09, 2025

"Binance to launch LDUSDT" Apr 09, 2025

Wednesday, 9th April 2025
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Episode Transcript

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0:00

Business success is about assembling the right

0:02

team. It's the businesses behind the business

0:04

that makes it all possible. When you

0:06

think about businesses growing their sales beyond

0:09

forecasts like Momufuku or even a legacy

0:11

business like Mattel, sure you think about

0:13

a product with demand, a focused brand,

0:16

a focused brand, and influence driven marketing.

0:18

But a big component is the business

0:20

behind the business making selling and for

0:23

shoppers buying simple. For millions of businesses

0:25

that business is shopify that business is

0:27

that business is Shopify. Meaning way less

0:30

carts going abandoned and way

0:32

more sales going. Nobody does

0:34

selling better than Shopify. So

0:36

if you're end growing your

0:38

business, your commerce platform better

0:40

be ready to sell wherever

0:42

your customers are scrolling or

0:44

strolling on the web in

0:46

your store in their feed

0:48

and everywhere in between. Businesses

0:50

that sell more, sell on

0:52

Shopify. Upgrade your business and

0:54

get the same check-out Momufuku

0:56

uses. Sign up for your

0:58

$1 per month trial period

1:00

at shopify.com/DCR. There's

1:04

a growing expense eating into

1:06

your company's profits. Your cloud

1:08

computing bill. What if you

1:10

could cut your cloud bill

1:12

in half and improve performance?

1:14

Well if you act by

1:16

May 31st, Oracle cloud infrastructure

1:18

can help you do just

1:21

that. OCI is the next

1:23

generation cloud designed for every

1:25

workload where you can run

1:27

any application or AI project

1:29

faster. and more securely for

1:31

less. This half-off offer is

1:33

only for new U.S. customers

1:36

with a minimum

1:38

financial commitment. See if you qualify

1:41

at oracle.com/DCR. Well Binance is launching

1:43

L-D-US-D-T, its second reward bearing margin

1:45

asset letting users earn passive rewards

1:47

while using locked US-D- for futures

1:50

trading. It builds on the success

1:52

of BFUSD introduced in November. Users

1:54

convert their locked USDT from Binance's

1:56

simple earn flexible product into LG

1:59

USDT to keep earning around 1.5%

2:01

APR while gaining trading trading liquidity.

2:03

LG USDT simplifies things compared to

2:06

BFUSD by directly turning locked USD

2:08

into a futures margin asset without

2:10

needing separate steps. The APR updates

2:12

in real time and will never

2:15

go below zero. Binance says this

2:17

increases capital efficiency. and flexibility. The

2:19

feature is set to go live

2:21

later this month. Taurus has launched

2:24

Taurus Network and Interbank Digital Asset

2:26

platform connecting over 35 regulated institutions

2:28

across 10 countries. The network allows

2:30

for real-time settlement collateralized lending and

2:33

off-exchange trading while reducing counterparty risk

2:35

and operational overhead built for users

2:37

of Taurus Protect. Its custody solution

2:40

Taurus Network lets institutions retain full

2:42

control of their assets without relying

2:44

on third parties. The platform embeds

2:46

compliance features like the... travel rule

2:49

proof of reserves and identity verification

2:51

and automates over 90% of operational

2:53

tasks. While New York Assemblyman Clyde

2:55

Vanel introduced a bill on April

2:58

8th to study using blockchain and

3:00

state elections to ensure uncensored truth

3:02

and fight voter fraud, the proposal

3:04

would require the New York State

3:07

Board of Elections to evaluate on-chain

3:09

systems and report findings in 12

3:11

months, it's currently under committee review

3:13

and would need to pass the

3:16

Assembly, Senate, and get the governor's

3:18

signature to become law. This is

3:20

Vanel's fifth attempt since 2017 to

3:23

push blockchain voting legislation. None have

3:25

passed yet. Well US Spot Bitcoin

3:27

ETFs saw $326 million in outflows

3:29

on Tuesday, the biggest daily loss

3:32

since March 11th, marking four straight

3:34

days of net outflows. The drop

3:36

comes as traders react to President

3:38

Trump's new tariffs which took full

3:41

effect at midnight Wednesday. Black Rocks

3:43

IBT led the withdrawals with $153

3:45

million out. Monday's outflows hit $109

3:47

million. Argentina's Congress approved three draft

3:50

resolutions to investigate officials linked to

3:52

the Libra meme coin scandal. The

3:54

probe targets figures. like the Chief

3:56

of Staff, Economy Minister, Justice Minister,

3:59

and the head of the National

4:01

Securities Commission. It follows President Millay's

4:03

public endorsement of the Solana-based Libra

4:06

token which launched on February 14th,

4:08

surged to a $2 billion market

4:10

cap, then crashed over 90%. Millay

4:12

promoted Libra as a private project

4:15

to support small businesses, but distanced

4:17

himself after the collapse, claiming he

4:19

had no prior knowledge. Some lawmakers

4:21

have called for his impeachment and

4:24

accused him of fraud. And finally

4:26

Ark Invest bought $5 million worth

4:28

of coin-based shares on Tuesday across

4:30

three ETFs right before Trump's new

4:33

tariffs kicked in. This followed a

4:35

$13 million coin base by the

4:37

day before. The move came as

4:39

markets dipped. coin-based stock closed down

4:42

4% with after-hours losses pushing it

4:44

lower. That's all for us today.

4:46

Visit us at Daily Crypto Report.

4:49

I-O and listen to us everywhere

4:51

else you podcast under Daily Crypto

4:53

Report. That

4:56

finale of The Bachelor was ridiculous. Lest

4:58

we forget this past season of love

5:00

is blind. I know. At least there's

5:02

always sex in the city to keep

5:04

us warm and fuzzy at night. Always,

5:07

watching it back 25 years later has

5:09

been the best. Mm-hmm. Why are we

5:11

so obsessed with watching people fall in

5:13

love on TV? Every week on our

5:16

podcast, two Black Girls One Rose, we

5:18

break down your favorite TV shows centering

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modern dating, love and relationships. Come ready

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to unpack the mess and have a

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laugh with us. I'm Just. Hey

5:28

everyone, it's Danielle from National Park After Dark.

5:31

The chart-topping podcast that's received over 42 million

5:33

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lace up up your hiking

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side of the wilderness

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with us with us Park

6:06

Park after dark.

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