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 your
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company's profits. Your cloud computing bill.
1:08
What if you could cut your
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cloud bill in half and improve
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performance? Well if you act by
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May 31st, Oracle cloud infrastructure can
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help you do just that. OCI
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for every workload where you can
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run any application or AI project
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This half-off offer is only for
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new U.S. customers with a minimum
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financial commitment. See if you qualify
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at oracle.com slash DCR. It's
1:38
8 a.m. Eastern April 15th and
1:40
this as your Daily Crypto report,
1:42
Bitcoin is up slightly at $85,687.
1:44
Eith is up half a percent
1:47
at $1,634.XRP is down slightly at
1:49
$2.15. Business success is about assembling
1:51
the right team. It's the businesses
1:53
that makes it all possible. When
1:56
you think about businesses growing, there's...
1:58
sales beyond forecasts like Momufuku or
2:00
even a legacy business like Mattel,
2:02
sure you think about a product
2:04
with demand, a focused brand and
2:07
influence driven marketing, but a big
2:09
component is the business behind the
2:11
business making selling and for shoppers
2:13
buying simple. For millions of businesses
2:15
that business is Shopify. Shopify is
2:18
home of the number one checkout
2:20
on the planet and the not
2:22
so secret secret shop pay boosts
2:24
conversions up to 50% meaning way
2:27
less carts going abandoned and way
2:29
more sales going. Nobody does selling
2:31
better than Shopify. So if you're
2:33
end growing your business, your commerce
2:35
platform better be ready to sell
2:38
wherever your customers are scrolling or
2:40
strolling on the web in your
2:42
store in their feed and everywhere
2:44
in between. Businesses that sell more,
2:47
sell on Shopify. Upgrade your business
2:49
and get the same check-out Momufuku
2:51
uses. Sign up for your $1
2:53
per month trial period at shopify.com/DCR.
2:57
This episode is brought to you
2:59
by Chevy Silverado. When it's time
3:01
for you to ditch the blacktop
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and head off-road, do it in
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a truck that says no to
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turbo diesel engine, where other trucks
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call it quits, you'll just be
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getting started. Visit Chevy.com to learn
3:24
more. While the U.S. Department
3:26
of Homeland Security is looking into
3:28
Anchorage Digital Bank specifically through its
3:30
El Dorado task force, which focuses
3:33
on fighting money laundering, they've contacted
3:35
former employees to ask about the
3:37
company's policies and practices, but details
3:39
of the probe remain unclear. Anchorage
3:41
has faced scrutiny before. In 2022,
3:43
the Office of the Comptroller of
3:45
the Currency cited them for weak
3:47
compliance with KYC and anti-money laundering
3:49
rules requiring a revamp. More recently,
3:51
their general counsel moved into an
3:54
advisory role as she weighses outside
3:56
on. offers, CEO Nathan Macaulay has
3:58
been active in Washington attending a
4:00
White House crypto summit in in
4:02
March and testifying before the Senate
4:04
in February on debanking. Even Senator
4:06
Elizabeth Warren, usually tough on crypto,
4:08
showed support for Anchorage's access to
4:10
banking. Well South Korea's financial regulator
4:12
has forced Apple to remove 14
4:15
unregistered crypto apps including Kukoin and
4:17
Mex from the Korean App Store
4:19
as part of a broader compliance
4:21
push. Starting April 11th the apps
4:23
can't be newly downloaded or updated
4:25
Google's Play Store imposed a similar
4:27
ban on March 25th. The move
4:29
comes from the Financial Intelligence Unit
4:31
which requires all foreign crypto services
4:33
to register before doing business in
4:36
South Korea. Non-compliance could lead to
4:38
up to five years in prison
4:40
or a $35, fine. Local banks
4:42
and exchanges are prepping to serve
4:44
institutional crypto clients as the government
4:46
slowly eases restrictions. Well Canada is
4:48
set to launch the world's first
4:50
spot Solana ETFs this Wednesday with
4:52
four issuers, Purpose, Evolve, CI and
4:54
3IQ approved by the Ontario Securities
4:57
Commission. According to a TD Bank
4:59
circular shared by Bloomberg ETF analyst
5:01
Eric Balchunis, these ETFs will include
5:03
staking features potentially offering higher yields
5:05
than ether staking and lowering holding
5:07
costs. This move comes as US
5:09
asset managers like grace scale bitwise
5:11
and Vanek are still waiting for
5:13
approval on their own spot Solana
5:15
ET. In the U. U.S.-only futures-based
5:18
Solana ETFs exist for now. And
5:20
finally, decentralized perpetualized perpetual exchange, Kilox
5:22
got hit with a $7 million
5:24
exploit in a multi-chain Oracle attack.
5:26
The hacker exploited a price manipulation
5:28
bug using a wallet funded via
5:30
tornado cash and drained funds across
5:32
base, B&B chain, and Tyco. One
5:34
transaction alone netted the attacker over
5:37
$3 million. The Kilox team halted
5:39
all trading and confirmed the exploit
5:41
was contained. They're now trying to
5:43
negotiate return 90% of the stolen
5:45
funds and letting the hacker keep
5:47
10% as a white hat bounty
5:49
or face legal heat. hacker doesn't
5:51
cooperate, KiloX says they'll work with
5:53
law enforcement and cyber security partners
5:55
to expose them and pursue charges.
5:58
That's all for us today. Visit
6:00
us at Daily Cryptor Report.io and
6:02
listen to us everywhere else you
6:04
podcast. under Daily Crypto Report. Hey
6:06
everyone, it's Danielle from National Park
6:08
After Dark. The chart-topping podcast that's
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