"Canada set to launch Solana ETF"  Apr 15, 2025

"Canada set to launch Solana ETF" Apr 15, 2025

Released Tuesday, 15th April 2025
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"Canada set to launch Solana ETF"  Apr 15, 2025

"Canada set to launch Solana ETF" Apr 15, 2025

"Canada set to launch Solana ETF"  Apr 15, 2025

"Canada set to launch Solana ETF" Apr 15, 2025

Tuesday, 15th April 2025
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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

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a growing expense eating into your

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company's profits. Your cloud computing bill.

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1:31

financial commitment. See if you qualify

1:33

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

3:04

and head off-road, do it in

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call it quits, you'll just be

3:22

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

6:10

received over 42 million downloads. If

6:12

you love the great outdoors or

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6:23

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6:40

love. So lace up your hiking

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6:44

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6:46

with us on National Park after

6:48

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6:50

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6:52

know. At least there's always sex

6:54

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warm and fuzzy at night. Always,

6:58

watching it back 25 years later

7:01

has been the best. Mm-hmm. Why

7:03

are we so obsessed with watching

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people fall in love on TV?

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Every week on our podcast, two

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Black Girls One Rose, we break

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ready to unpack the mess and

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Just.

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