Episode Transcript
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0:00
Business success is about assembling the right
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team. It's the businesses behind the business
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that makes it all possible. When you
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think about businesses growing their sales beyond
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forecasts like Momufuku or even a legacy
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business like Mattel, sure you think about
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a product with demand, a focused brand,
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a focused brand, and influence driven marketing.
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But a big component is the business
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shoppers buying simple. For millions of businesses
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that business is shopify that business is
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that business is Shopify. Meaning way less
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carts going abandoned and way
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more sales going. Nobody does
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be ready to sell wherever
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your customers are scrolling or
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strolling on the web in
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your store in their feed
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and everywhere in between. Businesses
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at oracle.com slash DCR. It's
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8am Eastern, April 7th, and this,
1:40
says your Daily Crypto Report, Bitcoin
1:42
is down half a percent at
1:45
$76,678, Eith is down 1% at
1:47
$1,482, XRP, is down 1% at
1:49
$1.76. Well Global Cryptofunds saw $240
1:52
million in outflows last week, mostly
1:54
from US-based Bitcoin products like those
1:56
from Grace. Black Rock and Bitwise,
1:59
Bitcoin alone accounted for $270 million
2:01
of that. Despite the pullback total
2:03
crypto assets under management rose 1%
2:06
to $132 billion holding up better
2:08
than traditional markets until late yesterday
2:10
when Bitcoin and market leaders fell
2:13
off, analysts say this reflects typical
2:15
market behavior amid Trump's new tariffs.
2:17
Well Hong Kong now allows licensed
2:20
crypto platforms and ETFs to offer
2:22
staking services according to new guidance
2:24
from the Securities and Futures Commission
2:27
platforms must get written approval before
2:29
offering staking and implement strict safeguards
2:31
to protect client assets and disclose.
2:33
risks. This move is part of
2:35
Hong Kong's broader crypto roadmap announced
2:38
in February, which includes plans to
2:40
explore new token listings, margin trading,
2:42
derivatives, staking, borrowing, and lending. The
2:44
region launched its licensing regime for
2:47
virtual asset trading platforms in June
2:49
2023. The SFC says expanding regulated
2:51
crypto services is key to Hong
2:53
Kong's ambitions to become a global
2:55
crypto hub, especially with growing competition
2:58
from the US under pro-krypto president
3:00
Donald Trump. Well Connor McGregor's real
3:02
token launched with the Real World
3:04
Gaming Dow failed to meet its
3:06
$1 million pre-sale minimum raising just
3:09
$192,000 in 28 hours. All funds
3:11
will be refunded. The token aimed
3:13
for a $3.6 million raise via
3:15
sealed bid auction. Despite promotion to
3:18
McGregor's 57 million followers, interest was
3:20
low, signaling fading hype around celebrity-backed
3:22
tokens. And the launch timing amid
3:24
a market cratering definitely didn't help.
3:27
On-chain sleuth, ZachXBT sarcastic post responding
3:29
to the launch... call saw more
3:31
engagement than the launch post. And finally,
3:33
Kasa CSO, Jamieson Lop says address poisoning
3:35
attacks are ramping up on Bitcoin and
3:38
these scams attackers send tiny transactions from
3:40
wallet addresses that mimic the beginning and
3:42
end of a real address a user
3:44
has interacted with hoping the victim accidentally
3:47
sends funds to the wrong address later.
3:49
Lop scanned the Bitcoin blockchain and flagged
3:51
48,000 likely attacks since 2023. He found
3:53
one confirmed case where a user mistakenly
3:56
sent some satoshes to a poisoned address
3:58
and then corrected it. 12 hours later,
4:00
the original wallet held nearly 8 BTC,
4:03
so the attacker almost got a big
4:05
payday. These attacks are cheap to execute
4:07
thanks to Bitcoin's low transaction fees. Lop
4:10
says higher fees would discourage this kind
4:12
of spam, which also affects Ethereum and
4:14
other chains, one Ethereum and other chains,
4:17
one Ethereum user lost $71 million in
4:19
a similar scam last year, though the
4:21
funds were eventually recovered. Lop recommends wallet
4:24
developers add warnings when a user interacts
4:26
with a suspiciously similar address with a
4:28
suspicious similar address to help prevent mistakes.
4:31
I owe and listen to us everywhere
4:33
else you podcast under Daily Crypto Report.
4:35
Hey everyone, it's Danielle from National Park
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