0:00

Business success is about assembling the

0:02

right team. It's the businesses behind

0:04

the business that makes it all

0:06

possible. When you think about businesses

0:08

growing their sales beyond forecasts like

0:11

Momufuku or even a legacy business

0:13

like Mattel, sure you think about

0:15

a product with demand, a focused

0:17

brand, a focused brand, and influence

0:20

driven marketing. But a big component

0:22

is the business behind the business

0:24

making selling and for shoppers buying

0:26

simple. For millions of businesses that

0:29

business is shopify that business is

0:31

that business is Shopify. Meaning way

0:33

less carts going abandoned and way

0:35

more sales going. Nobody does selling

0:38

better than Shopify. So if you're

0:40

end growing your business, your commerce

0:42

platform better be ready to sell

0:44

wherever your customers are scrolling or

0:47

strolling on the web in your

0:49

store in their feed and everywhere

0:51

in between. Businesses that sell more,

0:53

sell on Shopify. Upgrade your business

0:56

and get the same check-out Momufuku

0:58

uses. Sign up for your $1

1:00

per month trial period at shopify.com/DCR.

1:03

There's a growing expense eating into

1:05

your company's profits. Your cloud computing

1:08

bill. What if you could cut

1:10

your cloud bill in half and

1:12

improve performance? Well if you act

1:14

by May 31st, Oracle cloud infrastructure

1:16

can help you do just that.

1:19

OCI is the next generation cloud

1:21

designed for every workload where you

1:23

can run any application or AI

1:25

project faster. and more securely for

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less. This half-off offer is only

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for new U.S. customers with a

1:32

minimum financial commitment. See if you

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qualify at oracle.com/DCR. It's

1:38

8am Eastern April 24th and this

1:40

is your Daily Crypto Report, Bitcoin

1:43

is down 1% at $92,634, Eith

1:45

is down 2% at $1,773, XRP

1:47

is down slightly at $2.16. Business

1:50

success is about assembling the right

1:52

team. It's the businesses that makes

1:55

it all possible. When you think

1:57

about businesses... growing their sales beyond

1:59

forecasts like Momufuku, or even a

2:02

legacy business like Mattel. Sure, you

2:04

think about a product with demand,

2:06

a focused brand, and influence-driven marketing,

2:09

but a big component is the

2:11

business behind the business, making selling,

2:14

and for shoppers, buying, simple. For

2:16

millions of businesses, that business is

2:18

Shopify. Shopify is home of the

2:21

number one checkout on the planet.

2:23

And the not-so secret secret, shop

2:26

pay boosts conversions up to 50%.

2:28

So if you're end growing your

2:30

business, your commerce platform better

2:33

be ready to sell wherever

2:35

your customers are scrolling or

2:37

strolling on the web in

2:39

your store in their feed

2:41

and everywhere in between. Businesses

2:44

that sell more, sell on

2:46

Shopify. Upgrade your business and

2:48

get the same check-out Momu

2:50

Fuku uses. Sign up for

2:52

your $1 per month trial

2:55

period at Shopify.com/DC. This

2:58

episode is brought to you by

3:00

Chevy Silverado. When it's time for

3:02

you to ditch the blacktop and

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head off-road, do it in a

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diesel engine, where other trucks call

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it quits, you'll just be getting

3:23

started. Visit Chevy.com to learn more. Coinbase

3:26

plans to open a new office

3:28

in Charlotte North Carolina and will

3:30

hire 130 local employees mainly for

3:32

compliance and customer support roles. This

3:34

marks its first physical presence in

3:36

the city and is part of

3:38

a broader US expansion under CEO

3:40

Brian Armstrong's Trump-aligned hiring push. The

3:42

move follows Armstrong's March commitment to

3:44

hire 1,000 US employees in early

3:46

2025 in line with Trump's America

3:48

First agenda. It also comes after

3:50

Coinbase laid off about 2,100 people

3:52

between 2022 and 2023 during the

3:54

crypto. downturn. Well UK Darling Revolution

3:56

posted record pre-tax profits of 1.4

3:59

billion dollars. in 2024 up 149%

4:01

from the previous year, driven largely

4:03

by a 298% surge in crypto

4:05

and trading revenues within its wealth

4:07

division. Total revenue hit $4 billion,

4:09

a 72% increase year over year.

4:12

Net profit doubled to $1 billion

4:14

with a 26% margin. The FinTech

4:16

company grew its user base by

4:18

38% to 52 million, with customer

4:20

balances up 66% to 38 billion

4:22

to 38 billion. in late 2023

4:25

due to regulatory issues. It plans

4:27

to launch full banking operations in

4:29

the UK and Mexico in 2024

4:31

with India and more global expansion

4:33

targeted for 2025. Well ZK sync

4:35

has recovered roughly $5.5 million in

4:38

stolen tokens after a hacker accepted

4:40

a 10% bounty offer to return

4:42

the funds. The hack occurred on

4:44

April 15th when an admin account

4:46

controlling about $5 million in leftover

4:48

air drop tokens was compromised. User

4:51

funds were not affected. The returned

4:53

funds are now held by ZK

4:55

sync security council and governance will

4:57

decide what to do with them.

4:59

A final investigation report is in

5:01

progress. ZK sync had warned of

5:04

criminal charges if the attacker didn't

5:06

accept the bounty. Well, Kilo-E-X, a

5:08

decentralized perpetualized perpetual futures exchange, lost

5:10

$7 million on April 14th due

5:12

to a price Oracle exploit. The

5:14

attacker used a wallet funded through

5:17

tornado cash to manipulate token valuations

5:19

across base, B&B chain, and Tyco.

5:21

Kilo-E-X has promised compensation for users

5:23

with open positions during the platform's

5:25

10-day pause. To receive full value

5:27

users are urged to close their

5:30

trades promptly when trading resumes, delays

5:32

may impact the payout amount. The

5:34

platform also announced a limited time

5:36

yield incentive for stake incentive for

5:38

stake. and upgrades for VIP users,

5:40

Kilo EX, previously asked the hacker

5:43

to return most of the funds

5:45

and keep 10% as a bounty.

5:47

And finally, crypto VC firm Rockaway

5:49

X has raised $125 million for

5:51

its second fund with up to

5:53

75% earmarked for salana-based projects. The

5:56

fund will also target defy infrastructure

5:58

protocols and decays. Centralized networks. Rockaway

6:00

exceeds Solana as technically superior to

6:02

Ethereum in terms of speed, cost,

6:04

and developer friendliness. The firm has

6:06

been backing Solana since 2018 and

6:09

previously invested in projects like communal

6:11

finance squads and switchboard. Rockaway X

6:13

takes an engineering first approach, running

6:15

validators, providing defy liquidity, and building

6:17

hardware tools the firm is actively

6:19

hiring for roles focused on Solana

6:21

infrastructure. That's all for us today.

6:24

Visit us at Daily Crypto Report.

6:26

else you podcast under Daily Crypto

6:28

Report. If you're feeling overwhelmed by

6:30

the news cycle, you are not

6:32

alone. I'm Emma Varvulikas and along

6:34

with Progress Network founder Zachary Karabel,

6:37

I host What Could Go Right,

6:39

a podcast that looks beyond the

6:41

headlines, to uncover progress happening in

6:43

the world, even in difficult times.

6:45

Each week, we sit down with

6:47

experts to discuss today's biggest challenges,

6:50

without ignoring the hard stuff. We

6:52

bring nuance, insight, and a forward-looking

6:54

perspective to help make sense of

6:56

the current moment. Fight the urge

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to do your scroll. Tune in

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to what could go right instead,

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wherever you get your podcast. Hey

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everyone, it's Danielle from National Park

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