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On April 2, according to the Iranian Tasnim News Agency: An Iranian military spokesman stated that larger, broader, and more destructive attacks are imminent. The war will continue until the 'enemy surrenders and permanently regrets.' (Jinshi)

[Iranian Military Spokesman: Larger, Broader, and More Destructive Attacks Are Coming]On April 2, according to the Iranian Tasnim News Agency: An Iranian military spokesman stated that larger, broader, and more destructive attacks are imminent. The war will continue until the 'enemy surrenders and permanently regrets.' (Jinshi)

Iranian Military Spokesman: Larger, Broader, and More Destructive Attacks Are Coming

On April 2, Drift Protocol tweeted that a malicious actor gained unauthorized access through a new type of attack involving durable nonce, quickly taking over the management of the Drift Security Council. This attack was highly complex and took weeks to prepare, including the use of durable nonce accounts to pre-sign transactions for delayed execution. Current investigations show that the incident was not due to vulnerabilities in the Drift program or smart contracts; there is no evidence that seed phrases were stolen; the attacker gained access through unauthorized or forged transaction approvals (possibly involving social engineering). The end result led to approximately $280 million in funds being withdrawn from the protocol. All lending, vault deposits, and trading funds were affected. DSOL (not deposited in Drift, including assets staked to Drift validators) and insurance fund assets were unaffected, with the latter being withdrawn for protection. As a precaution, all remaining protocol functions have been frozen, and the multi-signature has been updated to remove the compromised wallet.

[Drift Protocol: No Evidence of Seed Phrase Theft, Attack Highly Complex and Weeks in Preparation]On April 2, Drift Protocol tweeted that a malicious actor gained unauthorized access through a new type of attack involving durable nonce, quickly taking over the management of the Drift Security Council. This attack was highly complex and took weeks to prepare, including the use of durable nonce accounts to pre-sign transactions for delayed execution. Current investigations show that the incident was not due to vulnerabilities in the Drift program or smart contracts; there is no evidence that seed phrases were stolen; the attacker gained access through unauthorized or forged transaction approvals (possibly involving social engineering). The end result led to approximately $280 million in funds being withdrawn from the protocol. All lending, vault deposits, and trading funds were affected. DSOL (not deposited in Drift, including assets staked to Drift validators) and insurance fund assets were unaffected, with the latter being withdrawn for protection. As a precaution, all remaining protocol functions have been frozen, and the multi-signature has been updated to remove the compromised wallet.

Drift Protocol: No Evidence of Seed Phrase Theft, Attack Highly Complex and Weeks in Preparation

On April 2, Drift Protocol tweeted that a malicious actor gained unauthorized access through a new type of attack involving durable nonce, quickly taking over the management of Drift's security committee. This attack was highly complex and took weeks to prepare, including the use of durable nonce accounts to pre-sign transactions for delayed execution. Current investigations indicate that the incident was not due to vulnerabilities in the Drift program or smart contracts; there is no evidence of seed phrase theft; the attacker gained access through unauthorized or forged transaction approvals (possibly involving social engineering). The end result led to approximately $280 million in funds being withdrawn from the protocol. All lending, vault deposits, and trading funds were affected. DSOL (assets not deposited in Drift, including those staked to Drift validators) and insurance fund assets were not affected, with the latter being withdrawn for protection. As a precaution, all remaining protocol functions have been frozen, and the multi-signature has been updated to remove the compromised wallet.

[Drift Protocol: No Evidence of Seed Phrase Theft, Attack Highly Complex and Weeks in Preparation]On April 2, Drift Protocol tweeted that a malicious actor gained unauthorized access through a new type of attack involving durable nonce, quickly taking over the management of Drift's security committee. This attack was highly complex and took weeks to prepare, including the use of durable nonce accounts to pre-sign transactions for delayed execution. Current investigations indicate that the incident was not due to vulnerabilities in the Drift program or smart contracts; there is no evidence of seed phrase theft; the attacker gained access through unauthorized or forged transaction approvals (possibly involving social engineering). The end result led to approximately $280 million in funds being withdrawn from the protocol. All lending, vault deposits, and trading funds were affected. DSOL (assets not deposited in Drift, including those staked to Drift validators) and insurance fund assets were not affected, with the latter being withdrawn for protection. As a precaution, all remaining protocol functions have been frozen, and the multi-signature has been updated to remove the compromised wallet.

According to monitoring by 1M AI News, Tan Dai, president of Volcano Engine, a cloud service platform under ByteDance, revealed at the '2026 Force Link AI Innovation Tour' held in Wuhan that the daily Token usage of the Doubao large model has exceeded 120 trillion. This figure has doubled in the past three months, representing a 1000-fold increase compared to the daily average of 120 billion in May 2024.

[Token Usage of Doubao Model Surges to 120 Trillion Daily]According to monitoring by 1M AI News, Tan Dai, president of Volcano Engine, a cloud service platform under ByteDance, revealed at the '2026 Force Link AI Innovation Tour' held in Wuhan that the daily Token usage of the Doubao large model has exceeded 120 trillion. This figure has doubled in the past three months, representing a 1000-fold increase compared to the daily average of 120 billion in May 2024.

Token Usage of Doubao Model Surges to 120 Trillion Daily

On April 2, Bloomberg reported that the Islamic Revolutionary Guard Corps of Iran is charging ships passing through the Strait of Hormuz in renminbi or cryptocurrency.

[IRGC Charges Ships Passing Through Strait of Hormuz in RMB or Cryptocurrency]On April 2, Bloomberg reported that the Islamic Revolutionary Guard Corps of Iran is charging ships passing through the Strait of Hormuz in renminbi or cryptocurrency.

IRGC Charges Ships Passing Through Strait of Hormuz in RMB or Cryptocurrency

AI and cryptocurrency company Genius Group disclosed on Tuesday that it sold all of its remaining Bitcoin in the first quarter to repay debts. The company stated that it plans to rebuild its Bitcoin inventory when market conditions are more favorable. This move contradicts its 'Bitcoin First' strategy announced in November 2024, when the company committed to holding over 90% of its current and future reserves in Bitcoin. As of March 2026, Genius Group held 84 BTC, valued at approximately $5.7 million, with its holdings declining since April 2025, when a U.S. court temporarily prohibited it from expanding its Bitcoin inventory.

[Genius Group Liquidates Entire Bitcoin Holdings to Repay $8.5 Million Debt]AI and cryptocurrency company Genius Group disclosed on Tuesday that it sold all of its remaining Bitcoin in the first quarter to repay debts. The company stated that it plans to rebuild its Bitcoin inventory when market conditions are more favorable. This move contradicts its 'Bitcoin First' strategy announced in November 2024, when the company committed to holding over 90% of its current and future reserves in Bitcoin. As of March 2026, Genius Group held 84 BTC, valued at approximately $5.7 million, with its holdings declining since April 2025, when a U.S. court temporarily prohibited it from expanding its Bitcoin inventory.

Genius Group Liquidates Entire Bitcoin Holdings to Repay $8.5 Million Debt

On April 2, the Financial Times reported that Gulf states are considering a new oil pipeline to bypass the Strait of Hormuz.

[Gulf States Consider New Oil Pipeline to Bypass Strait of Hormuz]On April 2, the Financial Times reported that Gulf states are considering a new oil pipeline to bypass the Strait of Hormuz.

Gulf States Consider New Oil Pipeline to Bypass Strait of Hormuz

On April 2, the Solana-based lending protocol Loopscale tweeted that it has no direct association with Drift, and that most of its product funds are secure, including the USDC Genesis and USDC OnRe vaults. However, approximately $170,000 in deposits from the SOL Genesis vault are allocated to MarginFi, with a small portion potentially having indirect exposure through Project0 borrowers using Drift positions as collateral. In the event of any losses, the official team will fully compensate affected users. Additionally, the deposit and withdrawal functions for the SOL Genesis, JitoSOL ONE, and wETH ONE vaults have been temporarily disabled and will be reopened once MarginFi resumes normal operations.

[Loopscale: Some Deposits in SOL Genesis Vault May Have Indirect Exposure to Drift]On April 2, the Solana-based lending protocol Loopscale tweeted that it has no direct association with Drift, and that most of its product funds are secure, including the USDC Genesis and USDC OnRe vaults. However, approximately $170,000 in deposits from the SOL Genesis vault are allocated to MarginFi, with a small portion potentially having indirect exposure through Project0 borrowers using Drift positions as collateral. In the event of any losses, the official team will fully compensate affected users. Additionally, the deposit and withdrawal functions for the SOL Genesis, JitoSOL ONE, and wETH ONE vaults have been temporarily disabled and will be reopened once MarginFi resumes normal operations.

Loopscale: Some Deposits in SOL Genesis Vault May Have Indirect Exposure to Drift

On April 2, Coingtelegraph reported that AI and crypto company Genius Group disclosed on Tuesday that it has sold all of its remaining Bitcoin holdings in the first quarter to repay debts. The company stated that it plans to rebuild its Bitcoin inventory when market conditions are more favorable. This move contradicts its "Bitcoin-first" strategy announced in November 2024, when the company committed to holding over 90% of its current and future reserves in Bitcoin. As of March 2026, Genius Group held 84 BTC, valued at approximately $5.7 million, with its holdings declining since April 2025, when a U.S. court temporarily prohibited it from expanding its Bitcoin inventory. The company reported strong performance in the first quarter, with revenue increasing 171% year-over-year to $3.3 million, gross profit rising 228% to $2 million, and net profit turning from a loss of $500,000 in the first quarter of 2025 to a profit of $2.7 million. In 2026, several companies have reduced their Bitcoin holdings. MARA Holdings sold 15,133 BTC in March, cashing out approximately $1.1 billion to repurchase convertible bonds; Bitdeer liquidated all 943 BTC holdings in February; Cango Inc. sold 4,451 BTC; and GD Culture Group confirmed the authorization to sell part of its inventory. In contrast, Michael Saylor's Strategy has accumulated 89,581 BTC this year, valued at approximately $6.1 billion.

[Genius Group Liquidates Entire Bitcoin Holdings to Repay $8.5 Million Debt]On April 2, Coingtelegraph reported that AI and crypto company Genius Group disclosed on Tuesday that it has sold all of its remaining Bitcoin holdings in the first quarter to repay debts. The company stated that it plans to rebuild its Bitcoin inventory when market conditions are more favorable. This move contradicts its "Bitcoin-first" strategy announced in November 2024, when the company committed to holding over 90% of its current and future reserves in Bitcoin. As of March 2026, Genius Group held 84 BTC, valued at approximately $5.7 million, with its holdings declining since April 2025, when a U.S. court temporarily prohibited it from expanding its Bitcoin inventory. The company reported strong performance in the first quarter, with revenue increasing 171% year-over-year to $3.3 million, gross profit rising 228% to $2 million, and net profit turning from a loss of $500,000 in the first quarter of 2025 to a profit of $2.7 million. In 2026, several companies have reduced their Bitcoin holdings. MARA Holdings sold 15,133 BTC in March, cashing out approximately $1.1 billion to repurchase convertible bonds; Bitdeer liquidated all 943 BTC holdings in February; Cango Inc. sold 4,451 BTC; and GD Culture Group confirmed the authorization to sell part of its inventory. In contrast, Michael Saylor's Strategy has accumulated 89,581 BTC this year, valued at approximately $6.1 billion.

Members of the European Union must be ready to block crypto mining, the European Commission, the bloc's executive arm responsible for introducing new legislation, said Tuesday as the region prepares for an uncertain winter.
“In case, there is a need for load shedding in the electricity systems, the [EU] member states must also be ready to stop crypto-assets mining,” the commission said in a document published Tuesday. Load shedding is when energy companies deliberately switch off supply to a certain set of users to avoid the entire grid toppling.
In the long term, “it is also crucial to put an end to tax breaks and other fiscal measures benefitting crypto miners currently in force in certain member states,” the commission said.

Detail

【EU countries must be ready to block crypto mining, commission says】Members of the European Union must be ready to block crypto mining, the European Commission, the bloc's executive arm responsible for introducing new legislation, said Tuesday as the region prepares for an uncertain winter.
“In case, there is a need for load shedding in the electricity systems, the [EU] member states must also be ready to stop crypto-assets mining,” the commission said in a document published Tuesday. Load shedding is when energy companies deliberately switch off supply to a certain set of users to avoid the entire grid toppling.
In the long term, “it is also crucial to put an end to tax breaks and other fiscal measures benefitting crypto miners currently in force in certain member states,” the commission said.

EU countries must be ready to block crypto mining, commission says

Article

BTC broke through 69000  USDT

U.S. Officials: Trump to Reiterate Timeline for Withdrawal from Iran in 2 to 3 Weeks

Riot Platforms Suspected of Selling 500 Bitcoins Worth $34.13 Million

SEC Approves NYSE American Listing of Multi-Crypto Asset Trust Options

Iran Emphasizes Ignoring US and Israeli 'Illusions and Lies'

BTC fell below 68000  USDT

EU countries must be ready to block crypto mining, commission says

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