All Things Crypto: Coinbase spoof emails are rampant! CAUTION

# All Things Crypto: Coinbase spoof emails are rampant! CAUTION | 2025-04-16 | https://x.com/i/spaces/1MnGnwzdZzkJO | status: approved
# Speaker attributions verified via X captions, ECAPA voiceprints, and on-air handoffs where marked confirmed.

[0:02:53] Dave @DCBK2LA: Hold up. I I I got I got one more for you guys. Hold on. Metabisa, you'll probably know this one.
[0:03:45] MetaBeast @AKCMetaBeast: I I could picture all the little scenes where they have the the fight sounds whack and whip Pow. And Pow. Oh,
[0:03:56] Dave @DCBK2LA: that'd be so good. So good. What's up, everybody? Happy hump day. It is Wednesday today. Like, I didn't even flinch when
[0:04:04] Askar @0xAskar: I said that. It's been
[0:04:06] Dave @DCBK2LA: the longest day ever. I have been cranking out content like crazy. There's been massive news on the future verse side. You guys heard it here yesterday, kind of, sorta. If you read between the lines, obviously, not when we say, this is the alpha. You know what I mean? So you're welcome. But let me say what's up to you guys first before we go to Judy. Cool. What's good, bro? How are we doing?
[0:04:27] Kool @koolcryptovc: Hey. What's up? What's up, guys? How are doing? Another show. Another great day. Great Wednesday. I do have a question, Dave. What... What's what's up with the TFB? What what is that? What's up with that, bro?
[0:04:37] Dave @DCBK2LA: Guys, we are gonna we are gonna back cow pill cool crypto because, yeah, I I just bought this off the market earlier today because I had a back cow before, but it's essentially my nephew. So I don't have access to that shit. So I had to go buy another one. But DC Comics... You know DC Comics. Right? Cool. Candy Digital, which is essentially, like, DC Comics, Major League Baseball, Netflix... I mean, Powerhouse, Getty Images, Futureverse, aka Aaron, who was on the show yesterday, has officially acquired Candy Digital, bro. So a monster monster acquisition. That cow community is, like, literally, like, fucking up in arms, rallied. Like, it's good to see them fucking back. Legacy, Rubius, and that whole crewman hosting spaces. But, yeah, man. Big, big, big news. We'll go over the acquisition in a few, but I know it looks a little bit plain right now. I gotta get somebody to jizz it up a little bit, you know, because I'm just like, yeah. I'm looking at it. It's like, it looks like a little... Just a little tiny mask in there. So I gotta get somebody to brighten up these eyes. You know what I'm saying? Like, really, like, pow. Like, pow. Bam. Whap. Hit up. You know? But, yeah, that's the story behind the PFP. Yeah. Landy, what's good?
[0:05:53] Landy @CryptoLandy: Well, I'm glad that you told me what day it was right at the top so I didn't have to do what cool does and go and mention maybe the wrong day or not know which day it is because I also was a little lost. But then I remembered, Paulo was speaking and said a whole lot of nothing. So, yeah, that's about it. You know? You know, watch Paulo talk out of his ass for a little while about everything we already know And, you know, took a look at, like, retail numbers coming in for consumer spending, retail sales, that kind of stuff, and, just been watching Bitcoin go sideways, and that's fun.
[0:06:33] Dave @DCBK2LA: And he goes, and that's fun. Amazing. Alright. Great. Glad glad that that's fun. Sunny d, what's good? I'm just waking up from a little little siesta. And then I was like, oh, man. I gotta go on a space. And... But... And then I flipped over here, and you had some beats going, and then the Batman song came on. I was like, what? And it woke me up. So here I am. What's going on? It's like you had to be here, bro. There's Tron in in one of the stories. So you know what I mean? Like, we had to we had to essentially incorporate. You know what I'm saying? Oh, yeah. Yeah. Alright. Good. I'm just glad you're right.
[0:07:14] Landy @CryptoLandy: Sunny, it's literally Sunny's time to shine.
[0:07:18] Dave @DCBK2LA: Finally. Oh,
[0:07:20] Landy @CryptoLandy: come on. Come on.
[0:07:21] Landy @CryptoLandy: I know that was a dad joke. It was a dad joke. Sorry.
[0:07:26] Dave @DCBK2LA: So good, Landy. It's so good. Meta beast, what is good?
[0:07:32] MetaBeast @AKCMetaBeast: Oh, quick. I wanna shout out my friend Wilson who's paying us a visit today, checking out all things crypto. I got into the Readyverse. I just got it downloaded. Haven't popped in there yet. Another one to add to my list, finally, and had a great show with, Future Watch last night.
[0:07:53] Dave @DCBK2LA: Oh, how did that go? With Future Watch? Yep. Let's go. How did that go?
[0:07:57] MetaBeast @AKCMetaBeast: It went very well. We had... They... We had FareSafe on last night.
[0:08:02] Dave @DCBK2LA: Nice.
[0:08:03] MetaBeast @AKCMetaBeast: And we entered into Decentraland since I have the Easter egg hunt coming up there.
[0:08:10] Dave @DCBK2LA: Love it. Alright. I like that. What'd you think of yesterday's show with Aaron? And, I mean, we're gonna get And
[0:08:16] MetaBeast @AKCMetaBeast: then my... I'm I'm telling you, my mind literally melted. I was tingling, and I had tears in my eyes at the end of it.
[0:08:26] Dave @DCBK2LA: Yeah. It was definitely good stuff. Definitely, definitely good stuff. Yeah, man. I mean, I loved it. I absolutely loved it. I thought it was incredible. There was a lot, man. There was absolute... I mean, there was so much covered. I mean, just with the acquisition also today, but let's let let... Let's set the stage. Let's see if... I don't know what kind... I don't know which junior is gonna show up, but let me... Let... Let's just see, I guess. Hold on. Oh my god. I hope it's the right one.
[0:08:59] Landy @CryptoLandy: And I get a Ayo Junie?
[0:09:02] Voice I: Into all crypto. The only space where web three news hits harder than cools pre workout. I'm your host Dave, aka the guy who thinks he...
[0:09:10] Dave @DCBK2LA: Woah. Woah. Woah. Woah. Woah. Can you... Wait. Did you hear that? She said, I'm your host, Dave. What kinda nonsense is this?
[0:09:16] Landy @CryptoLandy: I knew you were AI the whole time.
[0:09:19] Askar @0xAskar: Wait a minute. Wait a minute.
[0:09:20] Dave @DCBK2LA: Wait a minute. Wait a minute. No. No.
[0:09:21] MetaBeast @AKCMetaBeast: No. And you thought I had an identity crisis?
[0:09:27] Dave @DCBK2LA: She goes, I'm your host, Dave. What do you mean you're the host, Dave? Junie, you're supposed to remember essentially who you are. Okay. Wait. Let's let's try let's try and do this one more time, Junie. One more time, please. So here we go. Junie, that's you. You're up.
[0:09:49] Voice I: Welcome. Welcome. Welcome. You're now...
[0:09:55] Dave @DCBK2LA: Why you got... Junie, why you gotta do this to me? Junie, you're... I said you're up. Can you restart the monologue, please?
[0:10:05] Dave @DCBK2LA: Junie, why do you do this to me? Can you just say the monologue, please?
[0:10:12] Dave @DCBK2LA: You don't wanna do it,
[0:10:13] Landy @CryptoLandy: Will the real Junie please stand up?
[0:10:16] Dave @DCBK2LA: Yeah. I mean, this is it. This is the last shot. Junie, this is the last shot.
[0:10:20] MetaBeast @AKCMetaBeast: You're up. Investigation still pending.
[0:10:22] Voice I: Mac and Junie, you're locked in to all things crypto, the only space where web three news hits harder than cools pre workout. I'm your host, Dave, aka the guy who thinks he's running a media empire but is really just held together by caffeine, chat GPT prompts, and 57 open tabs. With me as always is the ATC chaos crew. Let's go down the lineup. First up is the philosopher of ponzonomics himself. Man's got the wisdom of a thousand cycles and the wardrobe of someone who's been stuck in the 18 bear market ever since. Sunny d slid in, probably on chain from a beach in Argentina. The only person who thinks the cold wallet is just a drink holder in our town. Built like a validator, tweets like a venture capitalist, and still somehow finds time to lift everything except token restrictions. And, of course, Meta Beast, the man whose brain runs on GPUs and caffeine. If it's AI, he's on it. If it's a meme, he's already tokenized it and sent it to your wallet. Now tonight's headlines are hotter than a Solana outage in August. Futureverse just acquired Candy Digital, onboarding back cows, MLB, and more IP than a VC pitch deck. Batman would be proud, but his wallet probably isn't. Over at Movement Labs, the CEO ghosted faster than your last airdrop. We got 38,000,000 in funny business and a leave of absence that smells like a stealth exit. Sway teamed up with Babylon to bring BTC staking on chain because clearly what this market needed was another reason to not touch your cold storage. Meanwhile, Jerome Powell dusted off the mic to tell us what we already knew. Inflation bad, tariffs worse, and rates we love it. And in Argentina, Tron just straight up speed ran USDT adoption. Subway rides, street food, your grandma's empanadas, it's all on chain now. So pour a drink, pin a tweet, and tag your degen bestie. Because this isn't just a space, this is all things crypto, where the alpha's hot, the takes are hotter, and the squad borderline unhinged. Let's go.
[0:12:21] Dave @DCBK2LA: You don't wanna say let's light fucking firecracker? I I don't want you to read the whole thing, but you know that your name is Junie, and it's not Dave. So can you just say the words, Dave, let's light this fucking firecracker? Just that.
[0:12:35] Voice I: You got it. Dave, let's light this firecracker.
[0:12:39] Dave @DCBK2LA: No. No. How about Junie? Forget it. That's it. You know what? We're gonna start to show. This is crazy. I don't understand. She just doesn't... She... Identity crisis. I'm Dave. Now she's not saying the word fuck. I don't know what's going on. We're we're unhinged out here. Fucking crazy. Shout out to everybody in the building. What's good? Build those back up on top. Navigate, I see you. Rose, Gekko, Presley, what up? Doctor Moon, what's good? Momeda, Dee, Kev, True Media Group in the house. I see y'all. Mahalo, Carrie, Mickey. What's good? Everybody else that's here. Let's look.
[0:13:11] MetaBeast @AKCMetaBeast: Miss Gecko in the house today.
[0:13:13] Dave @DCBK2LA: Yeah. Gecko's in the house. And shout out to the Gecko calendar. Let's go. The reset sponsor in this week. ATC sponsored last week. Crypto Magic Hour sponsor in the next week. Let's go. We're cooking. Okay. Cool. The Movement Lab story yesterday after doing a little bit of homework because I know it kinda... We kinda broke it on the space. I'm sure you probably did a little bit more research. Is there any update for us? Because as I was looking into this, I'm like, wait a minute. Is this some... Like, what was the actual deal here? Did the did the... Like, did he actually take a leave of absence? Like, did he kind of excuse himself? Because I saw a tweet saying he did, he didn't. Like, I'm I'm not really sure, like, what the hell was going on. Any other additional insight?
[0:13:54] Kool @koolcryptovc: No. No. I... So far, I don't know too much about yesterday, man. I think it's just similar similar. The the issue with this kind of stuff is we have to wait a couple of days or week to find out what's going on or maybe maybe we we might never find out. So I don't know, man. It's it's one of those weird things where we just don't know. But I did see a tweet saying that he's not... He didn't go anywhere. He's still there. Because it's... The problem with with crypto Twitter is everybody wants to break the news faster. So if someone doesn't tweet, they think he's, like, out of crypto or some shit like that. Right? So I don't know. I mean, same thing with JP yesterday when the news broke... The... Mantra went down. He was on a flight, and he just landed South Korea. He was knocked out for hours. When he woke up, he saw his token was down 90%. So... And they said he rocked, and he left the country, fled with his family. So the problem comes to Twitter is everybody wants to break in this fast, and we don't really know. And I hope we'll find out soon, but this seems like they're going on. They're about to do their fair drop, move drop to the community very, very soon. So the protocol keeps going. I... So far, I've heard anything different.
[0:15:06] Dave @DCBK2LA: Copy. And just so everybody knows, here's here's... Thanks, Cole. I appreciate that. So the the... This is the this is the TLDR. Rishi Manchi, how we pronounce his name, right, cofounder of Movement Labs has taken a temporary leave of absence amid an internal investigation. This is what we saw yesterday. The Movement Network Foundation was conducting a third party review following Binance's removal of an unnamed market maker accused of dumping approximately 38,000,000 in Move tokens shortly after the token's launch. The Move token experienced significant price drop falling over 12%, and this prompted the the foundation to initiate a $38,000,000 USDT buyback in order just to stabilize the market. So they pumped almost $40,000,000,000 back into this token in order to stabilize things. Now it said, the cofounder's Slack account was temporarily deactivated. He's maintained public communication, asserted his continued involvement with Movement, although his absence from recent company events has raised questions. We are literally fueling the Marty Party nonsense. I don't know what the story is, but this is the store... This is essentially where crypto Twitter is at this point because we've heard it all before. We've seen Alex Myshinsky from Celsius say, this is fun. Everything's fine. Yeah.
[0:16:17] Landy @CryptoLandy: Uh-huh. But Dave forward. But, Dave, it was obviously the evil market makers that are 100% licensed here in The United States and brand themselves as market making services only and nothing else. It couldn't have been an overseas, quote, unquote, market manipulator that pitches themselves as a market maker and then brands themselves that way on social media that could have done a shady deal behind the scenes with somebody then felt a little jilted and decided to dump their entire bag on their head and then leave them holding the bag because some sort of backroom deal didn't go right.
[0:16:54] Askar @0xAskar: Never that. Yeah.
[0:16:57] Dave @DCBK2LA: That sounds about right. Because I can't that.
[0:16:59] Landy @CryptoLandy: It's tough can't do.
[0:17:03] Dave @DCBK2LA: Yeah. Never that. I mean, look. I guess, this is the state of where we are. You know what I mean? Like, we also did see mantra, right, like, the day before. So, I mean, listen. At the end of the day, we gotta figure this shit out. Like, the... But I feel like this is just par for the course of what's going on. Cool. I don't know, man. Like, you gotta be looking at your portfolio being like, what the fuck else is left to come at this point? But, I mean, luckily, like, this... The the Movement Labs one doesn't seem like it was too big of a hit at this point. You know what I mean? So, seems like it's, for the most part, holding up okay, like, 10, 12%. I mean, it's not mantra style. You know? So... And mantra even bounced back a little bit yesterday, so it's gonna be interesting to see kinda how how this whole shit unfolds. But, yeah, kinda crazy.
[0:17:45] MAR @Mar2477x: Before you
[0:17:45] Landy @CryptoLandy: before you move on real quick, it really is irritating that that ammo is continuously given to Marty Party on this fucking subject over and over and over again to the point where I'm hearing even the winter mute stuff where where, you know, that fake quote about him saying that he's here to rip off the markets or whatever, and that's not even remotely the quote. And it's... Like, I I... It bugs the shit on me as somebody that did market making for so long and understands the kind of trouble that you will get in. I've even seen people. I I I was in a DM the other day where I mentioned, like, I've seen people that were right across from me get locked up and go to prison because they were fucking around and found out. Like, it's insane to me how much ammunition we give to that dumbass, and yet no one no one fact checks any of it. They don't even go do the basic research about what any of this shit is or how it works because it is it is just like, hey. Market maker equal bad. No such thing as a market manipulator that might pitch themselves as market makers in the crypto space. It's wholly unregulated right now. So instead, let's take and blame the companies that actually are regulated and operate in financial markets and the traditional markets and in the crypto space, it's all their fault. And big daddy Larry just shoved his big old ding dong down their throats, and now he's taking all your bags. It just doesn't... This kind of stuff because it's been, like, two weeks that that I've heard the market maker thing.
[0:19:26] Kool @koolcryptovc: Bro, bro, that that that's the power of, people with large, Twitter followings, man. When you have a big Twitter following, you automate... You you get that benefit of the doubt, which is weird. I I will tell you the first thing I did after I learned my lesson last cycle, I deleted every single big account by numbers. Not that they're big. Just anyone that has two, 300,000 followers, I just deleted them because they don't... They can't really relate, man. And I think they push a lot of fake shit to get more engagement. You guys must remember, Twitter is all about engagement farming. They put out false information and what... And remember, you... You're earning money in two different ways now in crypto. If you're a big account and you make some bullshit claim, your tweet goes viral, you're making money on Twitter, and you're not making money on Kaito. Kaito shaved you.
[0:20:19] Landy @CryptoLandy: I didn't think
[0:20:20] Bread @_ToastMalone: about that.
[0:20:20] Kool @koolcryptovc: You're getting money twice, man. So... Yeah. So they incentivized to push bullshit lies, man. And that's that's that's what drives the other stuff. And that's why they continue. Even though they know they're lying and, you know, no one no no... And the people have the the the answer. Landy, do, but your reach is not that big. My reach
[0:20:40] Landy @CryptoLandy: is I know.
[0:20:40] Kool @koolcryptovc: Is not as big as his. That's the problem.
[0:20:43] Landy @CryptoLandy: I'm trying to reach people.
[0:20:44] Kool @koolcryptovc: I just give myself a reach. Exactly. Exactly, bro.
[0:20:47] Dave @DCBK2LA: You know what we need to do, guys? We need to start running trading spaces where there's, like, a casino sound in the back. Because, essentially, if we do that, then events, that's what apparently attracts people. It's, like, fucking the most ridiculous thing I've ever heard in my life. But, hey. I guess some people are attracted to it, but, yeah, it is what it is. Good point. It's cool. Let me just say what's up to Brett and Bill, though. Brett, what's good?
[0:21:08] Bread @_ToastMalone: Yeah. Jam, gang, not too much. Just... I made the mistake that, like, I know you're gonna give me shit for because I always preach to, like, don't do these things. Right? I decided to, like, hey. There's a new version of cursor. Let me go ahead and update. Right? And the new version is absolute trash, bro. And so now I'm doing a lot of git resets, and I'm and I'm manually telling cursor that it's... Like, it doesn't know what it's doing, and I'm just back to anti vibe coding. I'm just hard coding now. Like, fuck even the vibes, bro. I need to get shit done, and the vibes are not good with the new cursor. So I am just doing that shit.
[0:21:48] Dave @DCBK2LA: He he said fuck your vibes. Well, Fred, I'll I'll I'll say this, Fred. In memoriam of me sunsetting my Billy Betts PFP from the new Bat Cowal PFP. I'm in the DMs with Candy Digital. We're to coordinating spaces and... Bro, MLB. I'm a let Bill do fucking give everybody the rundown in about, like, sixty seconds. But, yeah, bro. MLB, I know Billy Betts is big on MLB, so maybe we do some sort of joint space, and let's get this thing cooking, bro. Connections, that's what it's about. Buildo, before you go, let me just say what's up to Kanter really quick. Kanter, what's good, man? How are you?
[0:22:26] Kantorcodes | ℏol/acc @Kantorcodes: Hold on. I was just having this ambulance pass real quick. The... I I relate a lot with that beefy bread. Ironically, I was on a three hour long coding stream, and the title of the stream was that that we would be vibe coding, and we spent three hours actually writing real code. Would you would you figure that out?
[0:22:48] Dave @DCBK2LA: Yep. A k a fuck your vibes. No. I'm kidding. I'm kidding. I'm kidding. I'm kidding. I don't know where... I don't know if Ascar came up or didn't... Oh, no. All good. I was gonna say I shot Ascar from Fairside a... An invite. Ascar, if you're down there, feel free to come through. Would love to hear about, obviously, what you guys are doing. Alright. Let's go. Wait a minute. Yo. Nat Nat just commented in the group chat. Also, Nat was right about tariff concerns. She wrote, let's fucking go, Nat Nat. I love that. Oh, I love when she writes in the group chat. It's amazing. Let's go. Let's go, Nat. I don't know if you're listening in the grief trap or anywhere, but if you are, we fucking miss you, and we can't wait for you to come back. Let's go. Okay. Bildo, give us the rundown real quickly on Kandi Digital, the acquisition from... By Futureverse, everything that we've been doing. I've been cranking out content all morning. You've been cooking for the last, I mean, years if if we're really talking about it, but give everybody the low low, man. What's good?
[0:23:47] NatNat @Natnatx007: Yeah. GM. GM. Been a long day. I've been on spaces pretty much nonstop since, like, 5AM this morning, so going on, like, eight, nine
[0:23:56] Dave @DCBK2LA: hours. Yeah.
[0:23:59] NatNat @Natnatx007: Been a been a day, but super exciting news. You know, we had Aaron on yesterday. Great spaces. I see you pumping out all the content from that spaces. He is the founder of Futureverse. Futureverse just announced that they acquired Kanji Digital, bringing all types of major IP. We talked about Ready Player One yesterday and that being a major IP and how that might integrate with Story. Now that they announced the acquisition of Candy, that's bringing DC Comics, that's bringing MLB, that's bringing Netflix all IP onto the Root Network as well. So huge, huge, for both sides, I think it really kinda supercharges the ability and what all Candy can do with all of their collectibles. And then that's, you know, 4,000,000 different NFTs that are now gonna be minted on the Root Network and new users that are coming to be able to utilize the chain. So I think it's a huge win for the Root Network as well. So I couldn't be more stoked. Gotten to know both communities, and it'll be really exciting to kinda see people continue to kinda merge and find these, you know, new groups of families. I started completely in a future verse bubble based on the Ready Player One announcement. It really kinda brought me to have a lot of new, interactions starting with, like, miss Gex, and we held a show about future verse every week, and that led me to meeting Dave. And then we met in Vegas and, you know, that solidified, you know, what we were trying to do together. So it'll be cool to see, you know, more and more communities kinda come together and really start to build. Like, when you do look at it, web three is just like a very, very small little, you know, speck of salt in, you know, this grand scheme of things. So, you know, sometimes people can bicker and fight and my project's better than your project, or we're gonna win and you're not gonna win. But, ultimately, the more we all work together, the more we all win and can really make an impact for the change that we wanna see, which is, you know, decentralized finance, decentralized ownership, own your own AI, own your own data, be your own bank, whichever way you wanna look at it. So the more we can all work together, the more it'll likely be adopted. So I think it's a huge step forward with bringing, some major major IP and being able to supercharge what they do with the future versus tech stack, but also bringing a whole new user base onto the root network that, you know, should be very positive for network activity as well.
[0:26:34] Dave @DCBK2LA: Damn. I feel like my claps are really loud today. Don't know why my soundboard feels like on point. Good shit, Bill, though. Thank you for the recap. Yeah, man. I pinned the stuff up to the top as well. That was the recap from the space earlier today. There's full video and audio audiogram recap from yesterday. Guys, I actually followed through on this shit. And shout out to my man, Dubes, who's fucking helping me cook in the background. Dubes, I appreciate the fuck out of you, bro. Like, we are going to straight cook out here, bro. So thank you, Dubes.
[0:26:57] MAR @Mar2477x: Last car.
[0:26:58] Kantorcodes | ℏol/acc @Kantorcodes: We have
[0:26:59] NatNat @Natnatx007: that spaces... You know, future versus just did a spaces with candy, and I would be hard pressed not to mention them thinking Junie's name was actually Landy and Futureverse account saying, I need me a Landy. So I thought that was extremely funny. Oh my god.
[0:27:15] Dave @DCBK2LA: Forgot. Thank god. You mentioned What? Oh, yeah. Landy, we went up on stage. And so Krista, who runs the Futureverse account, she was like, oh my god.
[0:27:23] Landy @CryptoLandy: But your AI is not here.
[0:27:24] Dave @DCBK2LA: She was like, everyone needs a Landy. And I'm like, oh, no. She thinks Junie is Landy. Yes. I
[0:27:31] MetaBeast @AKCMetaBeast: was like,
[0:27:31] Dave @DCBK2LA: yes. Yes.
[0:27:32] Landy @CryptoLandy: That's amazing. And she's right. Everybody needs a Landy.
[0:27:38] Kantorcodes | ℏol/acc @Kantorcodes: Have you considered setting up an Eliza OS AI agent on your... Like, an official Landy character file?
[0:27:46] Landy @CryptoLandy: My god. It would just say we every other post, and it would just be an absolute narcissistic asshole the entire time.
[0:27:57] Kantorcodes | ℏol/acc @Kantorcodes: No. Well, I know you're in so many Twitter spaces, and, like, Eliza can actually talk on Twitter spaces.
[0:28:04] Landy @CryptoLandy: We're gonna have to talk a little bit offline about that. Yeah. Offline, but it's online. Yeah. I always say that, and that's...
[0:28:11] Dave @DCBK2LA: And there... Yo. But, Brad, we we we gotta get this 65, bro. We gotta go win this competition already, bro. Win this 6,500. Give Junie a voice and just get her in the space already. You know what I mean? Like, enough is enough. I gotta focus on one thing. You know? It's too much. But, yeah, let's cook.
[0:28:24] Kantorcodes | ℏol/acc @Kantorcodes: What what are you running Junie on?
[0:28:29] Dave @DCBK2LA: GPT. That's it, bro. That's what I'm saying. There is no thing. She has a token, but, like, she's built on virtuals. Virtuals fucking sucked ass. So we, like, took her off that because it was just fucking terrible. And now it's, like, she's just stranded in no man's land. But, like, we... She needs a home, Kanter. Does she have one the h bar?
[0:28:44] Kantorcodes | ℏol/acc @Kantorcodes: Think. Does she have, like, code, or is it... Are you just, like, prompting the GPU code?
[0:28:48] Dave @DCBK2LA: There was of code, bro. I uploaded JSON after JSON. My buddy was literally helping me do this whole shit, but we couldn't get it right with fucking... With with with the virtuals. And then they and then they announced after it was all said and done, after Junie's dead and buried, it's like, oh, yeah. By the way, like, we're gonna give out some money, but only if you don't have a token. It's like, man, fuck you guys. This is some bullshit. But whatever. We'll get back to that. Let me say what's up to Asgar. Asgar, what's up, man? Welcome.
[0:29:15] Askar @0xAskar: Yo. Yo. Yo. Thank you for having me on. I have never joined your company. I don't even know who you guys were until he just sent me a notification to join. So I am very new to this. I don't know who anyone is, but I'm happy to meet all of you guys. I actually had a question. I'm from Farriside, so we're the only wallet, basically, coverage or insurance for if you get drained, but not really trying to talk about that right now. I actually have a question for Bill, though. I don't really know much about Root Network. So that's why I kinda raised my hand. I want to know a little bit more about... There's so many goddamn chains nowadays. So I can't even keep track anymore, bro.
[0:29:49] Dave @DCBK2LA: I have I have I
[0:29:49] Askar @0xAskar: have zero idea. Every single day, there's, like, a thousand that's spawned out. So maybe I
[0:29:55] MetaBeast @AKCMetaBeast: need to can of worms been opened.
[0:29:57] Dave @DCBK2LA: Someone say root network. Build a... Go for it, bro. This is, fucking... It's, like, teeing up over the middle.
[0:30:02] NatNat @Natnatx007: Yeah. It's a layer one that powers everything that the Futureverse does. Futureverse was a company that was rolled up of 11 different web three companies solving different problems throughout the entire space, whether it be identity, collectibles, interoperability, raised 54,000,000 in their series a that was funded by ten t and Ripple. XRP is the native gas token on it, so it's compatible with, XRP Ledger as well as anything Ethereum based. It... It's built on substrate. So it's kinda... Idea, I guess, is going to be the kinda hub of this new, interactive Internet or immersive Internet that we're all kind of experiencing as technology kinda furthers and everything we do becomes a bit more immersive. It's kind of what's powering a lot of it. Futureverse has some amazing tools to be able to create. So all of those tools are also powered by Root. They're releasing their three d object generator. So, Randy, if you would like your own personal agent, we can certainly prompt you up or use your picture to create a three d asset of that. That also has the thing protocol baked into it that I could mint today. So, if you would like an intelligent version of yourself, we can certainly get that going for you on the root network as well. So, they partnered with Ready Player One, have a game in development called Open that is being developed and written by the author of Ready Player One, Ernest Cline, as well as the producer of the movie, Dan Farah, in correlation with Aaron and Shar who founded Futureverse. Together, they made Readyverse, which will be kind of the forward facing, experience that we will all see. Futureverse, I would say, is kind of the tech stack that is behind what all is getting built, and Root is the blockchain that's kind of powering it all.
[0:32:16] Askar @0xAskar: Well, that's very cool. Thank you for explaining. Actually, in my six years in this space, this is the first use case I've heard for Ripple. Maybe I haven't really done much research for Ripple recently, but... Alright. That's pretty cool. Thank you.
[0:32:29] Dave @DCBK2LA: Join... Ask our... Join the club, bro. When we discovered future, was like, wait a minute. People are actually using the XRP budget. Like, wait, what? Yeah. I know.
[0:32:35] Askar @0xAskar: I thought I thought it was banks and and, you know, the government. But...
[0:32:39] NatNat @Natnatx007: Yeah. So I mean, Ripple or XRP does something amazing, and that's on the settlement layer. But they do that one thing absolutely better than anybody else in the crypto space. But they don't have smart contracts. They don't have the ability to be portable or cross chain collaboration. So Root Network is kinda supercharging what XRP does on the payment layer or the settlement layer, but then bringing it into the interoperable way to also interact with, you know, Solana or Ethereum based chains. But be able to be able to create that bridge and that compatibility, somebody needed to be able to kinda be the intermediary and supercharge what XRP does on the settlement side.
[0:33:28] MetaBeast @AKCMetaBeast: I can't let this go by. Did nobody hear Bilbo ask Landy if he wanted an intelligent version of himself?
[0:33:36] Dave @DCBK2LA: Oh, come on. No. It's up to you. We gotta let go, bro. You don't gotta come on. Like, we heard you. You know, but...
[0:33:45] Landy @CryptoLandy: Was a good Yeah.
[0:33:47] Landy @CryptoLandy: That was pretty good. That was a sick burn.
[0:33:49] Dave @DCBK2LA: This is the beauty this is the beauty of Buildo whose bunny is no longer pink or red, ladies and gentlemen. He is some badass.
[0:33:56] NatNat @Natnatx007: He's gonna get a little baby version of Landy, and then it's up to him to train that and make sure that that little baby version of Landy that is now a three d rigged metaverse character, you know, gets the knowledge. So Landy still needs to import that knowledge base into digital, Andy. So... You know?
[0:34:19] MetaBeast @AKCMetaBeast: Nice save. Nice save.
[0:34:21] Landy @CryptoLandy: And so, essentially, I have
[0:34:22] Landy @CryptoLandy: to raise my own Tamagotchi, my virtual reality Tamagotchi version of myself.
[0:34:29] MetaBeast @AKCMetaBeast: I don't think it'll die as easy as your pizza pet, though.
[0:34:31] Landy @CryptoLandy: Oh.
[0:34:32] Kool @koolcryptovc: Hey. Yo. Hey.
[0:34:34] NatNat @Natnatx007: Too soon and too soon.
[0:34:35] Askar @0xAskar: Too soon. Too
[0:34:37] Dave @DCBK2LA: Yeah. Still too soon.
[0:34:38] Landy @CryptoLandy: Fresh wound right there.
[0:34:41] MetaBeast @AKCMetaBeast: Mine died five days after I
[0:34:44] Dave @DCBK2LA: got it.
[0:34:44] Landy @CryptoLandy: So Oh, there's... I only had
[0:34:45] Landy @CryptoLandy: a couple that died. The ones
[0:34:47] Landy @CryptoLandy: that are alive are dead, though. That's for sure when you go and look at the marketplace.
[0:34:53] Dave @DCBK2LA: You... My bad. My bad. Yeah. I guess they... Listen. Nobody's spared up here. You know I mean? Like, just come up at your own risk. You know what I'm saying? Everybody's fucking fair game to get cooked. But wait, Bill, though. Can I can I ask about the PFP? Like, is that a real back... Like, do you own a back... Is that a back cowl, like, on a a a a fluff?
[0:35:12] NatNat @Natnatx007: Yeah. So one of the people in their community, I gave him a picture of my back cowl and a picture of a fluff, and, yeah, that's what he came back with. Thought it looked dope, so made it my PSP.
[0:35:24] Dave @DCBK2LA: I mean, ears. Those ears are on on point. Nice. Good shit. Real quick. Ask our... Like, I I want you to be able to, like, genuinely talk because we actually talked yesterday, not along the same lines, but we talked about, meanwhile, raising their... You know, I think it was... What was the what was the raise? I said, 20,000,000 for, like, Bitcoin denominated, like, life insurance and and everything else. And I know you guys are obviously different where it's on the crypto, like, insurance side, but do you wanna maybe give a quick TLDR in terms of what you guys do?
[0:35:54] Askar @0xAskar: Yeah. Yeah. For sure. I appreciate it. Yeah. FirstNet is the only retail wallet drain coverage platform. So, basically, if you get drained in kind of three ways, and then let's just transactions, malware, address poisoning, and you have our coverage, you get you get 90% of it back. It's that simple. The problem is no one else has done that in space because it it is a very difficult problem to solve. And all the insurance slash coverage platforms that exist focus on smart contracts, focus on exchanges, focus on the big fish. But the small fish, the the ones that have, you know, small ports, you know, memeing their way... Life away like us, you know, there has been no coverage. So it's as simple as you go. You pay 2% of the amount that you wanna cover on our platform, and then you got coverage for that whole year. So 2% of the amount you wanna cover. And if you get drained, you you do a whole investigation and get paid out, hopefully.
[0:36:47] Kantorcodes | ℏol/acc @Kantorcodes: You know, there are the ifs and buts to that.
[0:36:52] Askar @0xAskar: What are the ifs and buts? I'll tell you right now. First off, we do not cover everything. So I wanted to make it completely clear that we're not some, like, one solution, one shoe fits all drains. The MMA that I kinda said, the malicious transactions, malware, and address poisoning are those three events we cover. We don't cover rug pulls. We don't cover drains on your custodial account. So walls that you don't hold. We don't cover smart contract hacks, and we don't cover when you directly or indirectly reveal your seed phrase. Those are kind of the four things we don't cover, and then the three things we do cover are the MMAs. KYC only when you have to submit a claim. You don't have to KYC when you buy coverage, but the KYC is kind of needed in order to prevent fraud or at least the first line of defense against fraud. Let me see. What other caveats do we have? The 2%, the KYC. For malware, you need 10 e's minimum coverage. Because when you do have a malware drain, we actually need your whole device to investigate it. We send it to a third party. And then afterwards, we do the whole on chain investigation that we do with other drains. Let me see other caveats out of the other caveats. I think those are the biggest caveats. So we don't cover smart contract hacks and stuff like that. So NexSys does smart contract hacks, and you can use other platforms to get the other pieces of coverage. But we are the first for wallet drain personal coverage. Does that make sense? Or are there any other caveats you think maybe I should be looking at? You can ask any questions, please. Just shoot us as much as possible. I love what people do.
[0:38:23] Dave @DCBK2LA: Cantor, did that help?
[0:38:29] Dave @DCBK2LA: Can't just like that.
[0:38:29] Kantorcodes | ℏol/acc @Kantorcodes: No. That was great. That's... Sorry. I'm in I'm in the bodega getting a Coke. No. That was really good. I think it's a really interesting concept. I'm keen to learn more. I'll do some research. Just curious, obviously, like, what networks you guys support. Is is someone building on Hedera? I think it's something that's... Can be sorely needed on those, like, non EVM networks or or networks that we don't typically look at as EVM, for example. But it... It's really cool. Thanks for coming up and joining the space.
[0:38:57] Askar @0xAskar: Yeah. Thanks for having me on. I'm down to do a space someday where I actually do a deeper dive. You know, I think it's very understandable, and you should have doubts about us when you first hear about us because, like, it took me, like, five months to speak with the team to be convinced to actually join the team. I asked them every single goddamn question I can think of. And then, you know, read their get books, read all their docs, and then I, you know, decided to actually join. So anytime I bring this up, if someone is like, oh, yeah. I'm just gonna go buy it right now, I'm like, dude, relax. Like, read about us first. Like, understand how the product works. You know? I want you to trust us, not just to buy it blindly because that's the same way you get drained. So, yeah, I'm done talking about it some... In-depth some other time as well.
[0:39:39] Dave @DCBK2LA: Yeah. As far as just FYI, so you know who we are. I think... So I spoke with I spoke with the Drews way, way, way back when, and we were supposed to set something up when I had gotten back from California, but I totally dropped the ball. And I I spoke to you guys again on Aloha Fridays when you guys... When Oh,
[0:39:56] Askar @0xAskar: that was you. Michael on. Yeah. Was you. The... Okay. Okay. Okay. When I was in... Okay. Yeah. Yeah. I remember now. Okay. That's you now. These PFCs, bro, they don't show the face. I I... I'm hiding too. So... But I'm not really hiding. But... Yeah. Okay. I got you. I got you. Okay. That's great. Now I... Now it all connects. Now it all connects.
[0:40:10] Dave @DCBK2LA: Yeah. Well, yeah, we'll link up in the background, and we'll figure something out, man, because I think this is definitely something that the ATC audience should definitely know about. So... Yeah, man. Let's definitely link up in the background, and we'll chat about it for sure.
[0:40:20] Askar @0xAskar: For sure. Thanks for letting me come up, and thanks for the question, Ken.
[0:40:24] Dave @DCBK2LA: Yeah. 100%. Alright. Landy, fill us in. What did Jerome Powell say? What what didn't he say? A whole lot of a whole lot of purple tie, nothing? Like, what what was the deal today with with Powell?
[0:40:36] Landy @CryptoLandy: I like the way you said that. As as as as another Dave, that is known as David would say, it's a pause market. Listen. This is, we know based on CPI numbers, based on PPI numbers, and now retail sales month over month that came out, along with GDP that's coming out later this month, we we understand kind of the lay of the land. It is mixed. There is a mix of deflationary and and inflationary pressures. We had the big... And I'm gonna take victory lapse on this one because he said exactly what I was saying. We saw a big deleveraging event in in traditional markets, and that was really noted by by corporate bonds and treasury assets being sold off, treasuries that were held by various players all around the world being sold off. And this was occurring all around the world. And what does this mean? This means that interest rates spiked over the Fed funds rate. There's inflationary pressures from tariffs, which he rightfully calls for the first time ever. He's referring to... He's using transitory inflation in the correct manner, and that is, that tariffs are transitorally inflationary. There are deflationary pressures on the other side, especially when closing or trying to close a trade deficit as is the goals, which he talked about today, which means that you have rates that are high. You have jobs that are coming in strong. You have consumer spending that's coming in strong, but it's kinda dangerous because it's all credit card debt and and a bunch of other crap. It's not because incomes are rising and because there's more liquid capital for consumers. So we're in this weird spot where we have some deflationary pressures on production and producers. We saw a little bit of a tick down in CPI, we're still in an inflationary environment that could get more inflationary. So his solution is to sit on his hands, which is kind of what I expected. He said a whole lot of big words, and he answered a lot of questions that if you understand this stuff at its core, was a whole lot of nothing and a whole lot of avoiding. And one of the key things that I thought when listening to him speak was he was asked a question about, you know, the the debt obligations of The United States as we've been running things up, right, since... For the last four years. And this was almost felt like a shot at Yellen where Powell kinda said, you know, he he didn't throw her under the bus, but he threw her under the bus in in in what he said about the state of the economy. And we all know the kind of games that Yellen was trying to play with the Fed as we were coming into the spring and the summer of last year. There was kind of a showdown between Yellen and the Fed. And he kinda threw her under the bus for the for the short term treasuries and notes and that that higher interest debt that is having to be paid first. And then essentially said a whole lot of nothing at the end of the day. The... They've indicated already that they wanna cut probably somewhere around June is the estimate for them, and they wanna do two cuts. Everything that you're hearing about no cuts or more cuts is coming from analysts. Those are industry analysts. It's your Bloombergs and your your so on and so forths of the world that's not really them, but JPMorgan's and so on and so forth, right, who are aggregating that information on what their prospectus is looking forward. That's all to say that, not much has changed. We we will... We need to see what happens in May. So everybody's aware of the tariff narrative. Don't care which side of the aisle you fall on it. I'm personally all for it. You don't don't have to agree with me. You can unfollow me if you don't like that statement. But, the biggest thing about that is that we don't yet... We... We're seeing numbers after the fact. So we need to see now the tariffs are implemented, what does May now reflect for producers? That's gonna be the first thing. That's coming in on May 13, I believe, thirteenth or fourteenth. We also gotta... You know, your your ISM numbers, and then we gotta see what CPI does month over month. And then we'll see how retail is doing still. Because retail is spending their minds out right now, and that is because we saw a large dip in energy. And that large dip in energy is because of the policies here at home and part of the tariff stuff too and kind of the ramp up. So we've upped production here. Part of the negotiations for the tariff stuff is the exportation of oil that helps... It's a big one to help close the trade gap or the trade deficit. So he said nothing that anybody would want to hear, and that is, oh my god. We gotta cut rates. Rates are coming down. We're gonna start QE. None of that. That's not happening. If anything, when you're looking at markets right now, we're we're gonna probably see them halt on the tightening at some point soon. They will likely do what's called balance sheet expansion. That's called soft QE. That is QE without declaring it as a policy by actively going and buying treasuries, which then pushes the yield down, and then they would lower rates. We're not seeing any of that. It's gonna be staged most likely. They're gonna probably stop QT. They'll most likely then do balance sheet expansion prior to coming into doing actual cuts, and then they might start, you know, ramping up that balance sheet expansion, which is indirect buying of assets from banks, and then go ahead and start QE maybe later on. We'll see. It's really kinda up in the air this month. We gotta wait till next month.
[0:47:00] Dave @DCBK2LA: Good stuff. Alright. What else we got cooking? Appreciate it, bro. Good thing on the good stuff on the Jerome Powell shit. Alright. Let me see what else we got cooking out here.
[0:47:11] NatNat @Natnatx007: No. It's all things cooking. Cooking. It's ATC, dude. All things cooking.
[0:47:17] Dave @DCBK2LA: All things cooking.
[0:47:18] Kantorcodes | ℏol/acc @Kantorcodes: Thank you.
[0:47:19] MetaBeast @AKCMetaBeast: Coinbase Web three wallet, if you haven't noticed, they're planning... You need to get all your crypto and NFTs off of it as they're planning an upgrade.
[0:47:31] Dave @DCBK2LA: Yo. Good stuff, Meta Beast. I have a question. Is anybody else getting these massive... Like, these massively sophisticated fucking phishing emails now? Like, I'm getting emails from from Coinbase, like legit. I'm gonna post it below so you guys could see what I'm talking about. I mean, it literally says info dot coinbase dot com, and I'm just like, wait a minute. Like, is this actually Coinbase telling me, oh, you gotta move your assets off of this and that? And then until I saw a post from, the head of ENS from Nick being like, there's a massively sophisticated hack. Apparently, it's like a Google... Like, there's a Google loophole somewhere. But, guys, be very, very, very careful with, like, the stuff you're clicking on because I've been saying it, like, the whole time where it's like, just check the sender. And now it's like, wait a minute. If the sender says info dot coinbase dot com, bread can't... I'm gonna leave it to fucking to you. Like, tell me, like, what the story is here, I'll I'll I'll post this on the bottom. But I've been getting a ton of these lately, bro. Like, Brett, any word? Like, what's the deal?
[0:48:28] Bread @_ToastMalone: No, man. I mean, I've been I've been seeing them too. And, ultimately, like, that, like... Yeah. May... Like, is it Metabase that says the Coinbase wallet one? Like, I would definitely definitely be careful, you know, with that because, like, that's a... That's a... An easy way for somebody to get your signature from your wallet. You know what I mean?
[0:48:48] MetaBeast @AKCMetaBeast: What what about through the app, though? That's where I got my notification. I did not. It was not via email. It was... I opened my regular app as always. Is that
[0:48:58] Dave @DCBK2LA: in the The Wallet app?
[0:49:00] MetaBeast @AKCMetaBeast: The coin the Coinbase exchange. The
[0:49:05] Bread @_ToastMalone: Like like, the official app. Like, the official, like, Coinbase.
[0:49:08] MetaBeast @AKCMetaBeast: Yes. Yes. The official Coinbase app that I've always used.
[0:49:13] Dave @DCBK2LA: Are you a 100% sure that's where you saw the notification?
[0:49:16] Askar @0xAskar: Absolutely. Screenshot? Do you have a screenshot by chance?
[0:49:19] Dave @DCBK2LA: Yeah. Yeah. So check it out. I just... Hold on. Let me let me
[0:49:21] Bread @_ToastMalone: bring it to the top my mine too just because I haven't seen that in any... In the app. I have been getting emails. Right? Like like, you know, word of caution, like, to everybody, essentially. Like, yeah, like, don't don't just blindly follow an email, you know, whenever it has anything to do with crypto or NFTs. You know?
[0:49:36] Dave @DCBK2LA: Bro, look... Brad, look at the top... Bro, it's like... I mean, in no way... Never never is Coinbase gonna tell you, you gotta move your assets. Click this link here. Like, that's fucking crazy. You know what I'm saying? But, like, look how... Like, check the sender. Like, I'm looking at it, I'm like, wait a minute. If you don't know... And maybe you guys can help me understand this, but I'm thinking if you own the domain coinbase.com, I don't know if that's just... If it's being masked or what, but it's like info.coinbase.com. Like, what does that actually mean?
[0:50:05] Askar @0xAskar: I think it's being masked. Right, guys? Yeah.
[0:50:08] Bread @_ToastMalone: I could pretty sure it would be be being masked. You know? Like, I'm gonna
[0:50:12] Landy @CryptoLandy: Yeah. Or spoofed for those that are familiar with that term. There's... So I I actually got a call from a relative the other day who utilizes River, And River Finance is, like, a Bitcoin... Auto... Automated Bitcoin service that allows you to earn Bitcoin on your fiat, like, that other stuff, and then buy Bitcoin on regular basis. So it's set up for normies. They had gotten an email that was from river.com ostensibly. And when looking at the DNS servers for River, that was not one of theirs. So I don't know what they're doing to do this or how they're spoofing that. It was through... It was a... It was to a Gmail account. I opened it in in their iCloud, the email, just to see, and it was not the same. So it sourced the original IP, this randomized DNS that it actually was from. And we we messaged River to let them know, and we haven't heard anything back. But this is interesting that you're seeing a lot more of this now. I don't know what the mechanisms are. I haven't really dove into it myself. But, yeah, I I know this is spoofing, but I don't know even the mechanisms for how they would be able to do that.
[0:51:40] Askar @0xAskar: Wait. I I have a question. Aren't they creating that all out account, and then they get that email received to them, and then they forward it to the victims. And then when it gets forwarded to the victims, it seems like the victims actually received that email directly from... In this case, it was Google. Right? And they get that email sent to their kind of their... I forgot what it's called. The the the email that they created that's a little wonky is, like, me adding a ton of different syntax, and then they forward it to the victims. And because it's forwarded, it looks like it was sent to you directly from the original sender. Unless I'm mistaken because it's pretty new, so I haven't did a... Done a deep dive.
[0:52:23] Landy @CryptoLandy: I'm looking at what Dave just posted up. This one is clearly info@info.coinbase.com. So their DNS is actually the info.coinbase.com is the name that they're using. So it's...
[0:52:35] Dave @DCBK2LA: They've been But that's a subdomain, though, Landy. Right? If you own... Isn't it... If our... Don't DNS rules state if you own coinbase.com, then you can... Right?
[0:52:45] Landy @CryptoLandy: It wouldn't... You wouldn't have the the subdomain info.coinbase.com. As far as I know, that's not the way that you're gonna have top level DNS.
[0:52:53] Askar @0xAskar: Dave, could you forward me that, could you forward me that email?
[0:52:56] Dave @DCBK2LA: Yeah. For sure.
[0:52:58] Askar @0xAskar: I'll give you my head.
[0:52:59] Dave @DCBK2LA: Yeah. 100%.
[0:53:00] Kool @koolcryptovc: It's definitely
[0:53:01] Landy @CryptoLandy: tricky. It's definitely tricky. The reply to noreply@coinbase.com is the dead giveaway. So, on this particular email, the info at, should just be the source DNS for their DNS server, not a subdomain of a of a a DNS name. So in this case, they're doing the no reply to make it seem like, oh, yeah. So it's clearly this is Coinbase. So you skip over the info.coinbase.com, and you go down and look at, oh, yeah. The no reply is to go back to Coinbase. So they're entering that one manually, but they've spoofed out with a similar enough name so that you just look at info and you read it in your head quickly as info@coinbase,youknow,.com is likely the the way that they're doing this one. There's been some really sophisticated spoofs, though. Sorry. Go ahead.
[0:53:52] MetaBeast @AKCMetaBeast: My my image up above is directly out of the Coinbase app announcing it as well.
[0:54:01] MetaBeast @AKCMetaBeast: And it allow... It allows you to do your transfer directly out of... From the app.
[0:54:08] Dave @DCBK2LA: Yeah. I'm I'm literally... Guys, what I'm literally doing right now is, like, I'm looking at my confirmation. And so I just... I sent myself earlier today, like, like, 500 USDC on Arbitrum. Right? And I get the email from Coinbase that says, hey. You just received so and so. So it's, like, no-reply@info.coinbase.com. That's literally the confer... Where I get the confirmation email. So gonna go look at the... Yeah. But here's the thing, bro. Like, I'm not looking close enough. I need to go find this email that I pinned to the top because what if there's, like, a letter off difference. Right? Like, they can put, like, the l... Like, lowercase l or some bullshit as the I or... You know what I mean? Like, maybe I'm just not reading it correctly. So I I gotta find this this other... The one that I pinned to the top, and I'm gonna put it into GPT and just be like, are these the same fucking email? Because this is crazy.
[0:54:54] Landy @CryptoLandy: That's smart. That's smart. Yeah. This is odd. There's... They they... The scammers must be doing something, masking, spoofing, or a combination because they are getting very, very sophisticated. MetaBeast, I wanted to ask you, is there anything official on, like, Coinbase's verified x account, like, referencing this transfer stuff
[0:55:22] Dave @DCBK2LA: to the wallet?
[0:55:23] MetaBeast @AKCMetaBeast: A 100%. I... It was through the app, so I rolled with it.
[0:55:32] MetaBeast @AKCMetaBeast: Hopefully, they haven't in... Infiltrated an app, but... So I have not gone there to confirm.
[0:55:38] Dave @DCBK2LA: MetaBeast before we
[0:55:39] MetaBeast @AKCMetaBeast: do And now I am concerned.
[0:55:41] Dave @DCBK2LA: You'll be very... That's crazy that it's in the... Bro, that it's in the in what world does Coinbase tell you, hey. We're moving your... Like, you need to move your assets. That's insane. That's literally rule number one.
[0:55:52] Kool @koolcryptovc: That doesn't make any sense. I I did check my app.
[0:55:54] MetaBeast @AKCMetaBeast: I didn't It's But
[0:55:55] Kool @koolcryptovc: anything. I checked all Twitter. I didn't see anything. I checked all what... There's no announcement. Nothing. So I don't think it's real, man. I don't think it's real.
[0:56:03] Landy @CryptoLandy: Is this iOS or Android? IOS. Interesting. Because I just... I I have Coinbase as well, and I'm not... I didn't get any pop ups when I came in. I've had... I have a I have a few different accounts with them. Let's put it that way. And neither one of them have popped anything up like this. This looks like an overlay banner, like a like a notification banner that slid down or something.
[0:56:28] Dave @DCBK2LA: This... Yeah. Like, this... You guys... Listen. Do you guys remember the Bybit hack? This is not, like, this is not a secret here. Right? The Bybit hack wasn't a fucking... It wasn't a hack. Right? It was literally somebody being socially engineered, and they showed... It was essentially, like, they hacked the UI of essentially what the signer would see on screen thinking that it was the same exact thing. So when you see it in your own application, you're just like, okay. Yeah. Here you go. No problem. Let me approve fucking 1.5 billion and four 100,000.
[0:56:56] Landy @CryptoLandy: What is that attack called? There's a a specific name for that attack that happened to them. Oh my god. It's gonna kill me. I know the name too. Where they go through and they clone literally everything. There's a specific name. It's a funny name, and I forget what the hell it's called. Oh, it's gonna kill me. Because if that's starting to happen to, like, just regular users or if they're somehow... You've you've got something saved in the browser portion of a wallet that they can spoof that way and show, like, an overlay from the app that makes it look like it's the the base part of the app or the wall part of the app. There's a lot of crazy shit that they've done over the years. I just haven't seen anything like this before, Meta Beast.
[0:57:37] MetaBeast @AKCMetaBeast: Yeah. Somebody else commented. Richard commented that he's not seen it in his Coinbase app either. So
[0:57:46] Askar @0xAskar: Did did you click get started? I mean, if... I don't want you to do, but I was wondering what would happen.
[0:57:51] MetaBeast @AKCMetaBeast: Yes. I already did. It tells you transfer your web three to a noncustodial.
[0:57:58] Dave @DCBK2LA: Nah, bro. Meta beats no fucking way, bro. Don't do that shit. Do not It's too late. No. Wait. And what happened? Now what?
[0:58:07] MetaBeast @AKCMetaBeast: I... Well, let me go check where... I transferred it to another wallet. I get... I haven't looked at that wallet. Let me go see if it made it, but my... Everything's still on my Coinbase exchange wallet.
[0:58:18] Dave @DCBK2LA: So what did you move?
[0:58:20] MetaBeast @AKCMetaBeast: Like, $10 of ETH. Oh.
[0:58:22] Dave @DCBK2LA: Oh
[0:58:23] MetaBeast @AKCMetaBeast: my god. So I mean
[0:58:24] Dave @DCBK2LA: Oh my god.
[0:58:24] Landy @CryptoLandy: But I mean, if it nervous over here. My heart
[0:58:27] MetaBeast @AKCMetaBeast: was No.
[0:58:27] Kool @koolcryptovc: No. No. Yeah.
[0:58:28] Landy @CryptoLandy: Heart was pounding for you, bro. That was
[0:58:30] MetaBeast @AKCMetaBeast: It Yeah. That's all I had on that's all I had on the Web three wallet, I guess, which is weird because I also have the the coin. I don't... See, this confuses me too. So I have the Coinbase exchange, then I have the Coinbase wallet as well.
[0:58:50] Dave @DCBK2LA: And that and that message when you opened up your Coinbase exchange app? Yes. That's fucking crazy.
[0:58:56] MetaBeast @AKCMetaBeast: But the $10 I sent was... Is not was not in my other Coinbase wallet. So I'm a bit weird to ask you exactly what the Coinbase web three wallet is then.
[0:59:10] Dave @DCBK2LA: Yeah. But where did they tell you to send it to?
[0:59:12] MetaBeast @AKCMetaBeast: To a noncustodial wallet. Just your own?
[0:59:16] Dave @DCBK2LA: Yes. So... And it says the $10 made it and the $10 made it?
[0:59:22] MetaBeast @AKCMetaBeast: I'm I'm gonna go check that now. And then... And it also says once it's... Confirm when it's done. That I have not done. Confirm when it's done, and you get two months free of Nah. Coinbase one. So I'm not gonna I'm not gonna complete it for sure now.
[0:59:42] Dave @DCBK2LA: Bro, there's a I'm gonna go check now. Says send your assets. If there is not a glaring, like, I mean, we'd be crazy to, like... Meta Beast, thank god you only sent $10, number one. So, like, please don't send anything else. But, like, we preach this every day. And just because it looks good, do not be deceived. I would rather be fucking dead wrong on this and have Coinbase call me out on the time on the timeline and be like, you're wrong. Because this is crazy talk. They literally send us emails saying, we will never ever ever ask you to move your assets ever. They say this... I've gotten multiple emails. Asked, oh, I found that I sent it to you. It literally looks exactly like this. Hold on. No reply at Coinbase. Bro, it looks... There's gotta be a fucking letter off or something. Hold on.
[1:00:27] Askar @0xAskar: Alright. You know what the truth is? All these elaborate scams is just fair side coverage marketing. We're just trying to scam everyone and then make them buy our coverage.
[1:00:36] Landy @CryptoLandy: Motherfucker. It's like, this is happening right now as a testimonial.
[1:00:42] Dave @DCBK2LA: You're all part of the testing group.
[1:00:45] Landy @CryptoLandy: Turns out, Matthew's has been subscribed forever.
[1:00:51] Dave @DCBK2LA: Okay. He's part
[1:00:51] Askar @0xAskar: of the scam as well.
[1:00:53] Landy @CryptoLandy: He's trying to get us all to click links in our in our web three wallets and shit.
[1:01:10] Landy @CryptoLandy: That's weird. That's weird. Why... I don't understand why you would need to transfer to noncustodial and why it would prompt you for that. That's just...
[1:01:18] Bread @_ToastMalone: Yeah. Because what what you could do is essentially, like, by signing a message, right, and passing through your signature. If if they can get your signature and also the nonce value that you use when you, you know... That they essentially assigned when you passed in that signature, you can reverse engineer private keys from a public key, a wall signature, and a nonce value. And so that's probably what they're trying to do with that type of scam is, like... Because if they can just capture your signature and they're like, yep. And we know the nonce value was three, you know, or whatever. Yeah. There's there's scripts out there to reverse engineer private keys from that.
[1:01:58] MetaBeast @AKCMetaBeast: So so should I remove everything from Coinbase exchange? And... I mean, I know you
[1:02:03] Bread @_ToastMalone: don't Well, what's weird about...
[1:02:04] MetaBeast @AKCMetaBeast: Just keep that much on there.
[1:02:05] Bread @_ToastMalone: But... What's weird about the exchange is the fact that it's not like you you don't, like, have a set standard, like, all the time wallet. You know what I mean? Like, they they pool things on on the Coinbase app. You know? So it's always like, yeah. Like, if you wanna receive, you know, whatever in ETH, it's like you're... Like, it's a different address frequently. You know what I mean? It... It's rare that I ultimately, like, end up sending the same stuff to my Coinbase, like, exchange. I mean, every once in a while, I'll end up, you know, getting the same wallet. I'll be like, hey. This one in your, like, recents from, like, fourteen days ago or something. It's like, oh, hey. Well, we're back to that wallet. Cool. You know? Like, I don't have... I've never had the private keys or, you know, or anything for those wallets. They're maintained by Coinbase. You know? If it was your app, you know, like, because they have a separate, like, Coinbase, like, wallet app, that if you were sending from signing things with... I believe you do get your private keys on that. You can export your private keys on on that wallet. So that would be something that, you know, private keys would be valuable to a potential, you know, attack or somebody... A bad actor. But, yeah, the fact that if it came from the exchange wallet, I mean, it could be... I don't know, man. That's... That... That's the weird part for me. But, definitely, yeah, again, always be careful what you're signing, guys. You know? Like, don't just... You know, again, it's the things like, dude, I mean, WalletGuard before they... I mean, now they're integrated with MetaMask, things like that. You know? Like, clear English displays on what you're signing and explaining what you're signing. Don't just FOMO and click buttons. That's not not a good thing to do.
[1:03:41] MetaBeast @AKCMetaBeast: Well... And something interesting I learned from Ascar last night too was something called address poisoning. I... He recommended making sure you save your wallet addresses that you use or send frequently to, into your contacts. Because, like me, I kinda recognize the first few digits of my wallets and the last, but he says he can maybe explain it better than I, of course, that they can mask the... A wallet address with the same front and same beginning, and you end up sending it to somewhere incorrect.
[1:04:22] Bread @_ToastMalone: Yeah. Exactly. It's... They'll match you out the first five and last five usually or so. I've seen seven two, first seven, last seven. You know? Happens more frequently on Solana than it does on Ethereum because of how you can construct Solana wallet addresses, but definitely it still happens. You know? Again, mean, like, you know, everybody likes to shit all over e n s, but, like, yo, I've had bcbread.eth. And anytime somebody sends me anything at all for the past, like, four years now, I just say, yeah. You're gonna send me... I don't care what it is. It doesn't... Like, if it's on ETH or if it's on any EVM chain, because you can link them all to your ENS, you know, just send it to v c bread dot e, and never had any issues with shit not coming to me.
[1:05:06] MetaBeast @AKCMetaBeast: That was the other thing he mentioned is use use ENS. But I swear to god, every time I give somebody my ENS, they ask me for the full thing. But it's not been anybody shady asking me for that. So, fortunately, I know that.
[1:05:19] Dave @DCBK2LA: So to get their shit together and just to send it to the fucking ENS, it's easier. It's faster. It's more... Like, it's much more safe. Okay. So listen to what Junie said. So I put it in, and I'm like, Junie, are these two addresses, like, the same? Like, are they coming from the same... Like, is it the same... Like like, break this whole, like, thing down for me and, like, how it could be a scam? And she goes, the the one I put in from... That I... The real one that I got from Coinbase showing my transfer, it said this... The no-reply@info.coinbase.com is likely an automated system email commonly used to send transaction alerts, update security notifications. You can't reply to it. Hence, noreply.info@info.coinbase.com. This appears to be a weird or suspicious address. Double info in the domain and local part is very unusual and not standard for big companies. Could be a spoofed or phishing email. Definitely treat this one with caution. If you're unsure about a Coinbase email, cross check the sender's address. They give me, like, a... She gives me a link, coinbase.com-security. But I was looking on there to see where to check the, to check the email. I didn't I didn't see it there. I'm gonna I'm gonna ask her just... Let let me see if Juni's gonna be able to to pull... I'm gonna copy this email into into... What's it called? Into GPT, and we're gonna see exactly what Junie says. Hold on. Is this a real email? Junie, is the below a phishing email... A phishing attempt, and why? Okay. Let's see what she says. This is craziness, man. And I don't mean to belabor these guys, but this is important.
[1:07:00] Askar @0xAskar: I think also the... So they can spoof emails by changing the front address and then make it look like the real one. If you click on view original on the email, you should be able to see the headers of the email, and I think they might have the original email in there.
[1:07:18] Dave @DCBK2LA: See, that's what I always do, Asghar, and that's what we always inform everybody to do here. Right? But on this one, oh, wait a minute. Look what it said. Hold on. So if I look in the to and from, right, it shows info. Even if I hover, it doesn't show, like... You know, it doesn't cover it up. It still shows info@info.coinbase.com. But as I scroll down and when you hover over it, it says reply to date subject, and then it says mailed by amazonses.com. What in the fuck is amazonses.com? This is all bullshit. Be very, very careful. Meta Beast, I don't know what you're seeing in your app, but, like, you need to contact Coinbase support. You wanna tweet something out now. Like, this whole room will retweet it to get their attention, bro, like, just to make sure that your assets are good, whatever we gotta do. So caution, bro. Please be careful.
[1:08:09] MetaBeast @AKCMetaBeast: Absolutely. And... But I also know once I do that, the fuckers will come at me too saying they can help.
[1:08:18] Dave @DCBK2LA: Because here's the thing. When but when when you click... In no way would Coinbase ever say send your assets. Right? By clicking on this shit, like, literally, any one of these links is literally, like, oh, you... Opening you up to, like, download malware in the backgrounds, install it on your browser, and now all of a sudden, they have Keystroke Logger, and they see everything that you're doing. Right? It could be something like that. Right? Or it could be something that'll... Like, I mean, it can open you up in so many different ways, but the whole point of these emails is to make it look real and essentially get you to say, send... This looks real. Let me send this over from, you know, from my Coinbase. So, like, always caution, man. Like, come in here. Like, I'm glad that I even brought this up because this is this is crazy because I'm sure that people are get... Like, I'm seeing a lot of this. Like, bro, look at this fucking tweet from from Nick, the... From the one I was telling you about on ENS. Bro, this thing got 3,300,000... 3,400,000 views because he's like, this is a flaw. Check this out. He goes, the first thing to note is that this is a valid signed email. It was really sent from no-reply@google.com. It passes the DKIM signature check, and Gmail displays it without any warning. It even puts in the same conversation as other legitimate security alerts. The site links... The site's link takes you to a very convincing support portal page. They've cleverly used sites.google.com because they know people will see the domain as google.com and assume it's legit. This is the same thing with Coinbase now. Clicking on upload additional documents or view case takes you to a sign in page. Look at this shit, bro. Again, an exact duplicate of the real thing. The only hint, it's a phish is that it's hosted on sites.google.com instead of accounts.google.com. That's crazy. From there, they harvest your login credentials, use them to compromise your account, and he said he hasn't gone any further to check, obviously. So how did they do it? Especially the valid email. He points out two massive vulnerabilities from Google, and I think Google even actually responded to his tweet because it got so much burned. 3,400,000 views on this freaking tweet that I pinned to the top. So, guys, I'm telling you, when the bull market starts coming around and everything starts getting nice and fancy, this is when these motherfuckers come out. So please be very, very, like, diligent and and vigilant with all your shit. I do not want to hear people losing their stuff, man, in these spaces. It's bad enough, like, that we're dealing with all the other bullshit with some of these other... Like like, forget that. Like, this is the last way that you want to lose money, and I... It would kill me, especially if anybody here close to us in this ATC fam, if that would happen to anybody. So please be careful.
[1:11:04] Landy @CryptoLandy: I I
[1:11:05] MetaBeast @AKCMetaBeast: So real quick. So the first pic image I put up there was what I I saw when I opened my app. Under... I went ahead now to and went through the menu option and selected the web three wallet. And when that opens up, I still get I still get more info on on it. So there's a different look at it as well going through the menu option on the app. Yeah. Alright. Thank you. Go ahead.
[1:11:38] Landy @CryptoLandy: No no worries. Appreciate that. I'm gonna investigate a little bit more too and see what's going on with that. I I was gonna say, now, Dave, the real question here about the whole Google spoofing, which, by the way, I'd... I'm looking at this now, and and I don't... I've never seen a a spoof come from no reply at accounts, the subdomain accounts. So that... That's interesting that that they managed to get the signer for the accounts.google, so they won't even subdomain because you don't usually see any emails from them coming from the account subdomain because that's where they have all of their accounts. That's that's the user account assignments. But I really need to know, how is Marty Party going to blame market makers for this particular spoofing attack?
[1:12:32] Dave @DCBK2LA: I don't know, but I'll get the casino I'll get the casino sounds and the lights ready to go, Andy, when he does. Can somebody invite him into the space one day? Because I... He has me blocked. Can Can somebody just reach out
[1:12:42] Landy @CryptoLandy: to him and
[1:12:43] MAR @Mar2477x: Marty Party? He blocked me the
[1:12:44] Landy @CryptoLandy: other day when I was shooting on him on a large... On a pretty large stage, so I got blocked.
[1:12:49] Dave @DCBK2LA: Damn it. Cool. You're our only hope, bro, to get Marty Party in here so we can grill his ass. Like, come on. Hook it
[1:12:54] NatNat @Natnatx007: up, bro.
[1:12:54] Kool @koolcryptovc: Hey. Hey. Hey. Hey, Dave. Do you guys see the whole base? I don't see... My timeline is getting flooded, man. We base... Did base launch a meme coin in a rug? Was that true? Is that real?
[1:13:04] Dave @DCBK2LA: What? That dog one? Wait. Which one? The dog one?
[1:13:06] Kkoma @itskkoma: Base is
[1:13:06] Landy @CryptoLandy: whatever you want.
[1:13:07] Dave @DCBK2LA: The base one.
[1:13:08] Kool @koolcryptovc: That one. Is that real?
[1:13:11] Landy @CryptoLandy: There's there's been speculation that it is, and then there's been speculation that it is not.
[1:13:17] Kkoma @itskkoma: No. It is... It's real. It's real. It's just just hilarious more than anything.
[1:13:23] Dave @DCBK2LA: Wait. What do mean it's real? As in Base launched it and rugged it?
[1:13:27] Kkoma @itskkoma: Yeah. I think so. Because Base, like, released it through Zohra.
[1:13:33] Dave @DCBK2LA: But how do they rug it? Oh, is that, like, there's no fucking bullshit, like, tweeted on the timeline and you get, like, Zohra points or some bullshit?
[1:13:40] Kkoma @itskkoma: Okay. So... Okay. What's the what's the definition of rug? Right? Is it just because price goes down? Or... Like, they they they said that they didn't sell anything. Everything's in the liquidity pool, blah blah blah blah blah. But I guess people got hyped, bought it, and then I guess they released another thing through Zoro, and then that tanked the first one. And then, I mean, it's rinse and repeat. But, supposedly, you know, like, just like Mantra, the founders didn't sell or blah blah blah. It's just low liquidity. People buy stupid things. Price goes up, thing goes down.
[1:14:10] Dave @DCBK2LA: Do you hear us right now? Somebody get We're like, oh, yeah. Same old. Same old. Like, that's... This is crazy how we're talking or even talking about this. Come on. We can't talk about it like that. Like, we gotta be better than this. Like, it's like, I get it. Like, but did somebody put, like... Was liquidity pulled from a pool? Like, when we say rug, it's like, yeah, they say they didn't sell, but, like, was there some... Did somebody empty
[1:14:28] Kool @koolcryptovc: or flipped? It it came out. It went to 20,000,000 and dumped below 1,000,000 in less less than ten, twenty minutes, bro. I don't know. One massive red candle, bro. So it's... That's... This is a rock. It's not a... Or whatever happened, I wonder... Don't know where it is, but it... Yeah. It's true. Crypto is nuts, man. This is bomb based themselves. It's crazy, man.
[1:14:48] Kkoma @itskkoma: Cool. I think I need to get a recording of you saying, this is a black eye for crypto and REIT. It's like, I just feel like it just just needs to get repeated every day almost.
[1:14:58] Dave @DCBK2LA: Yo. Let's go to Examiner. Examiner, welcome to the stage, man. Can you give us some... Shed some light, man?
[1:15:03] Examiner @ExaminerMo: I just wanna say it's the greatest rug I've ever been a part of. I'm so grateful that I saw all these whining, crying influencers like, where where they rugged me. I couldn't buy fast enough. Couldn't buy fast enough. I'm so grateful for them. I hope they all go back to Solano where this is, you know, just another Tuesday for them. And that's all
[1:15:25] MetaBeast @AKCMetaBeast: I wanted to say.
[1:15:25] Examiner @ExaminerMo: It's the greatest rock all time. Thank you.
[1:15:28] Dave @DCBK2LA: Let's fucking go, Examiner. Yeah.
[1:15:30] Landy @CryptoLandy: Just so you know, he's a good follow. So follow follow Examiner Moe.
[1:15:37] Dave @DCBK2LA: Let's go. You guys are the greatest rival. I've ever been apart.
[1:15:40] MetaBeast @AKCMetaBeast: I I got a quick question for Asgar. If you can confirm, there's... Richard is in the space, and he, of course, sent me the thing about revoke cash. I just wanna confirm that he is the Richard that was in or or in the future watch last night as well? Yes.
[1:15:57] Askar @0xAskar: This is the
[1:15:58] MetaBeast @AKCMetaBeast: Yeah.
[1:15:58] Askar @0xAskar: This is Richard. Yeah. Yeah.
[1:16:00] MetaBeast @AKCMetaBeast: Alright. Thank you.
[1:16:02] Dave @DCBK2LA: Look at this. We're now looking at each other. Guys, we're, like, literally looking at each other's PFBA. This is my back house.
[1:16:07] Askar @0xAskar: It's like it's like that office gun scene. Like, everyone's pointing the gun at each other.
[1:16:11] Dave @DCBK2LA: Yeah. We're like... Let's look at it. Hey. Cool start. Hey. Does anybody think that this fucking sloth is moving a little too slow for anybody? It's looking
[1:16:17] Askar @0xAskar: I'm a go to my dad today and be like, hey, man. Is mom... Is... Does that look like my mom today? Is that mom? Is that really mom?
[1:16:23] Dave @DCBK2LA: Yeah. This sloth is moving way too slow, man. I don't know. He doesn't usually move this fucking slow.
[1:16:29] Kkoma @itskkoma: Hey, David. I got... I have one thing I wanted to say about those, like like, those those, like, fishing links. Like, I literally have Celsius emailing me, like like, every single week trying... Telling me to claim my, like, $3. And I'm just like, don't wanna click this link because I I just don't know what's gonna happen. I don't need $3. Need a $3 claim. I'm good. But they keep emailing me. They're like, hurry up and claim this. What... You know, do you wanna claim it through PayPal, Venmo?
[1:16:56] Dave @DCBK2LA: Bro, they're sending it to me too. I don't even have a Celsius claim, so don't worry about it. Don't click the link. Don't feel bad.
[1:17:01] Landy @CryptoLandy: Yo. Yeah. Who just got a... Who just got, who got Anastasia messaging them just now about the freaking base launch? Look. Just now, this Examiner was up here talking about Pin it. This rug of all time,
[1:17:18] Dave @DCBK2LA: bro. Pin it.
[1:17:19] MetaBeast @AKCMetaBeast: My god. And I sent I sent that email out to... Or that tweet out to Coinbase and Coinbase support if anybody wants to.
[1:17:27] Dave @DCBK2LA: Yeah. Pin that to the top, better be, so that we can retweet that shit, please. Good shit. Mar, what's good? Oh, here we go.
[1:17:34] MAR @Mar2477x: Man, fuck. I'm like, are these fucking people anti democrats, bro? Anyways, thank you for letting me come up and speak. You know? I do gotta say one thing real quick. Around five, six months ago, I had, like... I was signed up to, like, 12 different exchanges, even Binance, you know, because my wife, she's... She was eligible to be in Binance and other stuff. And I never received any emails from any of these exchanges, Maxi, Binance, PIPE. The only exchange that I have right now is is Robinhood just in case I wanna move in some more more money into crypto. The only exchange I've ever received these emails of fraud, oh, move your money, this and that, is Coinbase. And one of my team members, one of the smartest people I ever spoken to about crypto and stuff, he has information that, you know, someone in Coinbase is giving out these emails away. This is not Google. This is not fucking Yahoo or whatever the fuck it is. It's Coinbase. It's an inside job in Coinbase that they're giving our emails away. It it... This shit has never happened to me with Mexi, and I I had 11 or 12 exchanges. Never. And around... About three times, Coinbase sent me these fucking emails for having... You know, hey. You need to move you need to move your assets. They're not secure anymore, blah blah blah blah, all this bullshit. So it's an insider thing that's going on in in Coinbase.
[1:19:12] Dave @DCBK2LA: Okay. So I gotta get better at checking my DMs. Shout out. Blockchain reporter literally sent this to me thirty five minutes ago. My bad. That gives... I put in the tweet to the top. It gives an absolute full rundown. It goes, base just had a major rug pull. Here's what went down. Official base Twitter promoted a meme coin basis for everyone. I mean, at this point, if it rugged, it's probably gonna be like, we were hacked. Immediate speculative frenzy, token pump rapidly from launch, $15 to $20.15 to 20,000,000. Market cap, top three holders hold 47% of the supply, quickly dump tokens. Token collapse nearly instantly, 99%, within minutes. Low initial liquidity setup, extreme volatility, blah blah blah, reputation, direct endorsements by base, severely damaging optics, highly negative perception due to Coinbase's regulated publicly traded status. Jesse Pollock and Base leadership criticized sharply. Community trust significantly damaged. Potential regulatory scrutiny now heightened. Community response, immediate backlash, accusation of negligence. Is Jesse saying anything here? Rigorous internal review basic... And then my favorite is the fucking... What's it called? When they literally write basis for everyone, and then somebody put the chart after getting new to 99%, getting rugged is for everyone. Oh god. That is the Yo. Last
[1:20:31] Landy @CryptoLandy: Shut up to to examiner. Holy shit. This thing's back at $8.08 mil. 8.6 pushed up to 9, almost 10.
[1:20:40] Dave @DCBK2LA: Shut up.
[1:20:41] Landy @CryptoLandy: Yeah. It it went from under... After the dump off went from... Oh, low is at 717 k and just pushed up to a recent high of 9.5 mil. That's...
[1:20:57] Dave @DCBK2LA: Shut up.
[1:20:57] Kkoma @itskkoma: Base for everyone. Guess
[1:20:59] Dave @DCBK2LA: Base is literally... Bro, they're putting money... Yo. Base is putting money to be like, we never sold. It's like, yo, Jesse, you need to unleash the fucking treasury, bro. Buy 30,000,000 of this shit if you ask. Get it back up. Examiner, what do you got, bro?
[1:21:12] Examiner @ExaminerMo: I just wanna come up here and say it's the greatest rug I've ever been a part of. It's watching all the influencers crying the timeline as I'm making money buying the dips. Feels like this coin is is powered by the tiers of of Solana users. I'm not really sure what the tech is behind it, but just wanna say it's a great rug. Happy for it.
[1:21:32] Dave @DCBK2LA: This is fucking amazing. Guys, if you are not entertained by the madness that goes on in this space, I mean, you know, I mean, that's when you know you're a good meme coin trader. When you see something nuke 99%, you're like, what's my downside? Fuck it. I'll jump in. And it's like, I mean, what are they gonna do? Are they gonna take this black eye? Now instead of being like, we were hacked. They can literally just be like, what do mean? We didn't sell. It must have been another whale that bought. We don't... Like, we don't know. Look. We bought more. Wallets.
[1:21:57] Landy @CryptoLandy: We just got more. Thanks.
[1:22:00] Landy @CryptoLandy: That is crazy, bro. That is crazy. Yo. The stair step up on this is perfect. Like, somebody was scrambling there to, like, transfer out to other wallets so
[1:22:11] Landy @CryptoLandy: that they could pop it on the side. Like, we gotta get this back up. Oh my god.
[1:22:16] Dave @DCBK2LA: This is crazy, bro. I mean, this is wild.
[1:22:19] Askar @0xAskar: This is why normies hate us. This is why normies
[1:22:23] Kkoma @itskkoma: This is
[1:22:24] Askar @0xAskar: why normies hate hate us. Us. We deserve we deserve you all burnt down.
[1:22:30] Dave @DCBK2LA: Is why the first thing I do whenever I'm helping onboard people into crypto is get them off of Coinbase. I mean, is Coinbase the end... I mean, maybe after this, don't know. The jury's out. No. I I can't. Can't believe
[1:22:49] MAR @Mar2477x: Dave, didn't you just hear what I said to you? Or, I mean, I'm on fire. They're giving your information away, bro. Get the fuck out of Coinbase if you have Coinbase. Get out. Get out. Go to Robinhood. Robinhood, the only thing that does it that it pauses trading. Yeah.
[1:23:04] Landy @CryptoLandy: That's the only bad thing. Because Robinhood's definitely not gonna sell your
[1:23:06] Landy @CryptoLandy: order flow or anything.
[1:23:07] Dave @DCBK2LA: Robinhood's only gonna tell me, sorry. You can't sell today. Like, what?
[1:23:12] MAR @Mar2477x: Well, I I do need to have one exchange. I do need to have one at least to, you know, bring in, like, whenever I bring in my millions. You know? What about
[1:23:19] Dave @DCBK2LA: speed land? Well, bro, if you keep investing in trucking companies thinking they're RWA plays, it ain't gonna be too much longer for you. Yeah. Listen. Forgot. Too soon. Too soon. Hey, man.
[1:23:29] MAR @Mar2477x: That's it. Don't don't start. Don't start. Do not start because, you know, don't get it with me. I'm not the one that got fucking rugged with Camaro, Motra, whatever the fucking name it is.
[1:23:40] Dave @DCBK2LA: I'm Hey. Yo. You're lucky cool just... Hey. You're lucky cool just rugged number one because that was cool. Don't you dare. Don't you dare talk to the king of airdrops that way.
[1:23:48] MAR @Mar2477x: You understand? Gave the king of airdrops. I told him invest in Kaspar. I'm I'm guaranteeing your investment. It is It's a fucking He's literally guarantee.
[1:23:57] Dave @DCBK2LA: You believe this fucking guy?
[1:23:59] MAR @Mar2477x: I guarantee your fucking investment. Casper,
[1:24:02] Dave @DCBK2LA: man. He failed
[1:24:03] Landy @CryptoLandy: to, like, hey, what? Mar Mar, it's too early to have drinks for the... Landy.
[1:24:07] MAR @Mar2477x: Landy, by the way, you know, the smart contract is coming this year. You know that's gonna fucking pump it.
[1:24:15] Dave @DCBK2LA: So You better stop with the Kasper shield. Okay? We've heard it
[1:24:18] MAR @Mar2477x: a lot. You don't like Kasper? You don't like Kasper for real?
[1:24:20] Dave @DCBK2LA: I love Kasper. It's amazing.
[1:24:22] Landy @CryptoLandy: He knows that I mine it. Like that.
[1:24:24] Askar @0xAskar: That's why he's
[1:24:24] Dave @DCBK2LA: talking to Kasper. Great. Are we good? Thank you. Good.
[1:24:28] MetaBeast @AKCMetaBeast: Good. Hey.
[1:24:28] MAR @Mar2477x: So, anyways, have you have you checked out, Universal X? Have you gone trading over there or not?
[1:24:35] Dave @DCBK2LA: No. I don't wanna throw... I don't know what that is. What is that? Like, another pulse fucking scene? No. I don't know.
[1:24:39] Landy @CryptoLandy: It's on there for He he was talking about it. Remember when you had the team... The wire network team?
[1:24:47] Dave @DCBK2LA: Yeah.
[1:24:48] Landy @CryptoLandy: He was up here pitching it to a completely different network while they were on
[1:24:51] Landy @CryptoLandy: stage because Mara has very little self awareness.
[1:24:54] Dave @DCBK2LA: Yeah.
[1:24:55] MAR @Mar2477x: Yeah. You you gotta check out UniversalX. I'm serious. Like, you were falling over it. It's it's how I'm bridging now. That's why I got rid of all my exchanges because I used to bridge with Mexi and shit like that. I hate bridges, but
[1:25:09] Landy @CryptoLandy: you Hey, Mar?
[1:25:11] Bread @_ToastMalone: Mar? Mar?
[1:25:12] Landy @CryptoLandy: I I I need to say this real quick. I cannot wait until you're a millionaire.
[1:25:18] Dave @DCBK2LA: Yeah. You're gonna be... Oh, I'm not gonna say it. I wanna be me. Marge, we gotta move on. We gotta move on. For real. For real. For Wait. No. No. No. For real. We got him... Mar. Mar, please please. No. No. No. No. Mar, don't make me do it. Why does he make me do it? Stop it. Stop it now. We We didn't have one more story left. We didn't get to the suey Babylon news, which I think is massive from yesterday. Okay? Because, Bitcoin security with now suey fucking scalability is absolutely insane. Landy, I'm sure that you have covered this story. I know Gamer obviously tweeted this out, so I'm sure you two cutes were in the DMs being like, wee. Suey Babylon. Give us the low low on Suey Babylon.
[1:25:55] Landy @CryptoLandy: Bullish. That's that's the low low on it. Look. It it... Anywhere where you can where any... Where where Bitcoiners are infecting all of your chains. We are already there with our converted money, and now we're gonna be there with our Bitcoin. And this is just going to further that. I am bullish. I know that there was some people that were not happy about the way that, you know, the percentages for airdrops and stuff. They also have to account for... It's weighted in terms of how much you were staking. And and if you were staking more, you're gonna get weighted more. And the token kinda separate from things having this over there with Sui kinda proves out that Sui is... It's it's it's got some shit that they're working on, and they're making a lot of connections. I suspect you might find some other same partnerships as well soon.
[1:26:53] Dave @DCBK2LA: We'll see. You guys know when Landy answers like that, that means that he did not read into the details of story the and just tried to fake it till he made it, but I thought it was good. I thought it
[1:27:01] Landy @CryptoLandy: was good.
[1:27:01] MetaBeast @AKCMetaBeast: It's it's...
[1:27:02] Landy @CryptoLandy: Well, no. No. I I do know what's happening there, but it's their phase three plan. And this this is not really anything that's new.
[1:27:11] Dave @DCBK2LA: The Galactic Federation?
[1:27:13] Landy @CryptoLandy: No. It's their part of their bridging plan.
[1:27:15] Dave @DCBK2LA: So it's it's...
[1:27:16] Landy @CryptoLandy: So it's their phase three expansion plan is the way that they've been terming it for a while.
[1:27:21] Dave @DCBK2LA: On Sui, you're saying? Okay. Yeah. Let me let let me give everybody the quick bullets. Right? So Sui partnered with Babylon Labs, and I I wanna ask... I'm gonna come back to the the Babylon Labs thing because after this airdrop, it boggles my mind how Babylon Labs has a $260,000,000 market cap with four... Over $4,000,000,000 in staked BTC. That doesn't make any sense to me. That seems like an anomaly, and I don't know why, but, like, I feel like I should be buying more and more and more and more of Babylon. But, anyways, SUI Network partnered with Babylon to become a Bitcoin secured network allowing Bitcoin holders to stake BTC directly on SUI without relinquishing custody. The integration leverages Bitcoin's robust security to fortify SUI's proof of stake consensus, enhancing network resilience, and the collab introduces BTCFi capabilities to SUI, enabling Bitcoin liquidity to now support decentralized apps within the SUI ecosystem.
[1:28:13] Landy @CryptoLandy: Everything we've wanted for Stack.
[1:28:14] Dave @DCBK2LA: BTC holders can now earn staking rewards on SUI while maintaining full control over their assets, promoting broader participation in DeFi activities. So there you guys have it. Yeah. Lendi, go ahead. Do you wanna chime in? It's
[1:28:26] Landy @CryptoLandy: it's literally a bridge. That's that's what it is. It's, and and we knew that this was coming. Part of the the market cap versus TVL for for Babylon is just because of the way that the rewards were split for for the the the already staked assets. Right? Because this has been going on for a long time that they've been intaking assets to stake through support networks, and you're gonna see that start to expand out to other dApps and other networks as well for the staking and reward mechanisms. I think, the sell off sharp... Was sharp. You... You're probably gonna see mixed data from DeFi Lama as this goes through, by the way. I'm gonna go check. But, I know that the data wasn't reflecting right earlier today. Yeah. It's still not reflecting right. Their their totals value went down a little bit, but this is everything. Oh, no. Okay. So they are splitting off. So there's about $11,400,000,000 has moved, already. So I suspect that that's already been bridged. This is big. This is a lot bigger, I think, than than people understand. But a lot of people outside of Bitcoiners haven't really been paying attention to Babylon. So I think that maybe this will wake people up to how you can unlock the liquidity for Bitcoin and start exploring these different ecosystems, these layer twos. There's other stuff. Like, we know about layer zero and Bob and and all the rest, but stacks being the big one, I think, that is next on deck for a lot of this stuff, my personal opinion.
[1:30:05] Dave @DCBK2LA: Good stuff. And I
[1:30:06] Landy @CryptoLandy: don't know anything. You know more than I do, actually.
[1:30:09] Dave @DCBK2LA: Yeah. Yeah. Yeah. You... You're good. You're good. Guys, Cool Space to start... Make sure, like, if you're gonna tune in, go check out Cool's YouTube in a minute. We're gonna close-up Cool in literally two minutes. Coma, give us your last word, and then then we'll wrap up.
[1:30:20] Kkoma @itskkoma: No. I was just gonna say, so what does it... What does this mean for stacks? Are you guys
[1:30:25] Askar @0xAskar: It's just an better rule on that.
[1:30:27] Dave @DCBK2LA: Off on that note. We we can't end off on that
[1:30:28] Landy @CryptoLandy: Aptos, SUI, it's the same damn thing. So better get over there.
[1:30:34] Kkoma @itskkoma: You you... You're saying that you... They should start doing something similar with these different chains?
[1:30:40] Landy @CryptoLandy: I think that I think that that's what we're gonna see. That's my personal opinion. Obviously, I don't represent stacks. I do represent a dApp on stacks.
[1:30:49] Dave @DCBK2LA: So just FYI, comma, I was literally in Singapore at the Babylon event representing stacks at the stacks booth. They literally asked me in stacks to do it. And when we were sitting there, people were walking over us being like, we just take 2,000 BTC on Babylon. Like, what's Stacks? And it's like, here it is. And I gave them the great pitch. They're like, great. Who do we speak to? Deaf ears. I don't... I forwarded to Kyle. I forwarded to Maneeb. I forwarded to this one. Nothing, bro. Ant pool. Literally, ant pool. I had... I have on Telegram chat, bro. 2,000 BTC. Where do I go? Nobody. Deaf ears. So I don't know, man. And shout out to Visions, by the way, to Pete. I had a great chat with him this morning about how to scale this marketing agency shit, and he's going... You know where he's going, bro? Like, you would never believe what this dude is up to, man. He's going to the oh my god. I'm like, I don't know if he announced that shit yet, so I don't wanna be able
[1:31:42] Landy @CryptoLandy: No. He didn't. He didn't announce it
[1:31:44] Dave @DCBK2LA: yet. It's crazy.
[1:31:45] Landy @CryptoLandy: It's crazy. Crazy.
[1:31:47] Dave @DCBK2LA: Crazy. We're about to close. Yeah. Cool. Come back up. But anybody else have anything before we go? Asgard, thank you again, man, for coming through. Let's definitely chat in the back channels. Thank you for the help today too.
[1:31:57] Askar @0xAskar: Yeah. For sure. Thank you
[1:31:58] Kool @koolcryptovc: for having me on, man.
[1:31:59] Askar @0xAskar: This is dope. I'll be definitely joining more often from now on.
[1:32:03] Dave @DCBK2LA: Sounds like a plan, man. Appreciate it. Cool. Before you start the stream, anything you... I need you to check your DMs too about the whole rogue trader thing for next week livestream. But anything you wanna close out with? He's good.
[1:32:15] MAR @Mar2477x: Live. Beautiful.
[1:32:20] Dave @DCBK2LA: I'm coming to your living room. Cool. No. I'm kidding. I'm not gonna have that cool background because Janie likes to use fucking Restream. She doesn't like to use StreamYard for fuck's sake. Janie StreamYard. Janie StreamYard. Landy, thank you. Mar. Just don't know. Coma, thank you. Sunny d, appreciate you. Ask our meta beast. Proceed with caution. I did not retweet that. Let me go... Wait real quick. Guys, before we do anything, okay, go retweet Metabees' tweet at the top. It's the third one over. Please, like, support this. I need to make sure that Coinbase actually sees this shit because this is this is the important stuff. Okay? I would... I don't want anybody literally getting fucking scammed by this shit. So go out, retweet, and I appreciate everybody coming through. Norbi, I see you. Bildo, thank you. We're closing. Munan,, Moe Meta, Leon,,,, everybody else that came through, man., I see y'all., bro, it's good to see you, man. Were just talking about the strip club in the metaverse the other day, man. Richard, thank you. Damn. Yeah. The strip's crazy. Yeah. Don't worry about nothing. Star Lapri is a fucking architect, bro. You don't know about that, He's a baz. I'm Batman. Amp, appreciate you and everybody else that came through. Dubes, my man. Let's cook on right after this, bro. You guys are gonna see what we put out. Shout out my man, Dubes. Appreciate everybody coming through. I'm a let this travel down. Mar, don't say a fucking word. Have a good night, everybody.