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On April 5, Iranian media reported that Iran warned the United States and Israel that if the situation continues to escalate, "the entire region will become your hell." (Jinshi)

[Iran Responds: If Situation Escalates, the Entire Middle East Will Be Hell for the US and Israel]On April 5, Iranian media reported that Iran warned the United States and Israel that if the situation continues to escalate, "the entire region will become your hell." (Jinshi)

Iran Responds: If Situation Escalates, the Entire Middle East Will Be Hell for the US and Israel

On April 5, according to Xinhua News Agency, Abdollahian, the commander of the Central Headquarters of the Iranian Armed Forces, responded on the 4th to the '48-hour' ultimatum issued by U.S. President Trump, emphasizing that the Iranian military will firmly defend national rights and protect state assets, making aggressors pay the price. The Islamic Republic of Iran Broadcasting reported that Abdollahian stated that after facing continuous failures, Trump has resorted to 'helpless, panicked, unbalanced, and foolish actions' in an attempt to threaten Iran's infrastructure and national assets. Abdollahian stressed that if the U.S. and Israel launch such attacks, 'we will launch sustained and devastating strikes on all infrastructures used by U.S. forces and Israeli infrastructures without restrictions.' He reminded the U.S. and Israel that since the beginning of this imposed war on Iran, 'everything we have said has been put into action.'

[Iranian Military Rejects Trump's '48-Hour' Ultimatum]On April 5, according to Xinhua News Agency, Abdollahian, the commander of the Central Headquarters of the Iranian Armed Forces, responded on the 4th to the '48-hour' ultimatum issued by U.S. President Trump, emphasizing that the Iranian military will firmly defend national rights and protect state assets, making aggressors pay the price. The Islamic Republic of Iran Broadcasting reported that Abdollahian stated that after facing continuous failures, Trump has resorted to 'helpless, panicked, unbalanced, and foolish actions' in an attempt to threaten Iran's infrastructure and national assets. Abdollahian stressed that if the U.S. and Israel launch such attacks, 'we will launch sustained and devastating strikes on all infrastructures used by U.S. forces and Israeli infrastructures without restrictions.' He reminded the U.S. and Israel that since the beginning of this imposed war on Iran, 'everything we have said has been put into action.'

Iranian Military Rejects Trump's '48-Hour' Ultimatum

On April 5, Michael Saylor tweeted that Bitcoin has emerged victorious, with a global consensus recognizing it as 'digital capital.' The traditional four-year cycle has ended, and price movements are now driven more by capital flows, with the banking system and digital credit determining Bitcoin's future growth trajectory. He also warned that the biggest risk lies in erroneous ideas leading to 'iatrogenic' modifications of the protocol, meaning that human intervention could potentially harm the Bitcoin protocol itself.

[Michael Saylor: The Four-Year Bitcoin Cycle is Dead, Biggest Risk Lies in Erroneous Protocol Modifications]On April 5, Michael Saylor tweeted that Bitcoin has emerged victorious, with a global consensus recognizing it as 'digital capital.' The traditional four-year cycle has ended, and price movements are now driven more by capital flows, with the banking system and digital credit determining Bitcoin's future growth trajectory. He also warned that the biggest risk lies in erroneous ideas leading to 'iatrogenic' modifications of the protocol, meaning that human intervention could potentially harm the Bitcoin protocol itself.

Michael Saylor: The Four-Year Bitcoin Cycle is Dead, Biggest Risk Lies in Erroneous Protocol Modifications

On April 5, the decentralized lending protocol Project 0 announced the resumption of operations. Previously, Project 0 had paused operations and initiated a deleveraging process due to a hacker attack on the Drift protocol. Project 0 stated that the remaining socialized loss amounts to approximately $1.9147 million, which will be distributed across the credit pool, resulting in an average write-down of 2.61% for lenders' assets. 

According to asset risk levels, the write-downs for USDC, SOL, and USDT are 1%, while mainstream assets like BTC and ETH face a 2.61% write-down, and WIF, BONK, and governance tokens face a 6.62% write-down. Project 0 indicated that as Drift assets are gradually unlocked and returned to affected users, the actual loss will be lower than the aforementioned benchmark figures. 

MacBrennan, co-founder of Project 0, previously explained that the protocol utilizes a unified credit pool to achieve cross-protocol margin functionality, which is a core mechanism of P0. However, some community members expressed dissatisfaction, stating that they were affected even though they did not directly participate in Drift lending.

[Project 0 Resumes Operations After Drift Deleveraging, Average Lender Asset Write-Down of 2.61%]On April 5, the decentralized lending protocol Project 0 announced the resumption of operations. Previously, Project 0 had paused operations and initiated a deleveraging process due to a hacker attack on the Drift protocol. Project 0 stated that the remaining socialized loss amounts to approximately $1.9147 million, which will be distributed across the credit pool, resulting in an average write-down of 2.61% for lenders' assets. 

According to asset risk levels, the write-downs for USDC, SOL, and USDT are 1%, while mainstream assets like BTC and ETH face a 2.61% write-down, and WIF, BONK, and governance tokens face a 6.62% write-down. Project 0 indicated that as Drift assets are gradually unlocked and returned to affected users, the actual loss will be lower than the aforementioned benchmark figures. 

MacBrennan, co-founder of Project 0, previously explained that the protocol utilizes a unified credit pool to achieve cross-protocol margin functionality, which is a core mechanism of P0. However, some community members expressed dissatisfaction, stating that they were affected even though they did not directly participate in Drift lending.

Project 0 Resumes Operations After Drift Deleveraging, Average Lender Asset Write-Down of 2.61%

On April 5, Reuters reported that a senior Israeli defense official stated on Saturday local time that Israel is preparing to launch an attack on Iran's energy facilities, but is currently waiting for U.S. permission. He also mentioned that such an attack is likely to be carried out within the next week. These comments came after U.S. President Donald Trump issued a 48-hour ultimatum, raising concerns about whether the U.S. will support Israel in taking further military action against Iran.

[Israeli Official: Preparing to Attack Iranian Energy Facilities, Awaiting U.S. Approval]On April 5, Reuters reported that a senior Israeli defense official stated on Saturday local time that Israel is preparing to launch an attack on Iran's energy facilities, but is currently waiting for U.S. permission. He also mentioned that such an attack is likely to be carried out within the next week. These comments came after U.S. President Donald Trump issued a 48-hour ultimatum, raising concerns about whether the U.S. will support Israel in taking further military action against Iran.

Israeli Official: Preparing to Attack Iranian Energy Facilities, Awaiting U.S. Approval

HTX data showed that BTC fell below 67000  USDT and is now at 66995.62 USDT, with a increase of 0.21% in 24H.

[BTC fell below 67000  USDT] HTX data showed that BTC fell below 67000  USDT and is now at 66995.62 USDT, with a increase of 0.21% in 24H.

BTC fell below 67000  USDT

On April 5, economists indicated that the sudden rise in gasoline prices, which consumers are feeling firsthand, will be fully reflected in the key inflation data to be released this week. The U.S. March CPI is expected to increase by 1% month-on-month, marking the largest single-month increase since 2022; the core CPI may rise by 0.3% month-on-month. Economists pointed out that persistent price pressures and new inflation risks arising from the Middle East conflict may make it difficult for the Federal Reserve to lower interest rates this year. (Jinshi)

[Economists Predict 1% Month-on-Month Increase in U.S. March CPI, Fed May Struggle to Cut Rates]On April 5, economists indicated that the sudden rise in gasoline prices, which consumers are feeling firsthand, will be fully reflected in the key inflation data to be released this week. The U.S. March CPI is expected to increase by 1% month-on-month, marking the largest single-month increase since 2022; the core CPI may rise by 0.3% month-on-month. Economists pointed out that persistent price pressures and new inflation risks arising from the Middle East conflict may make it difficult for the Federal Reserve to lower interest rates this year. (Jinshi)

Economists Predict 1% Month-on-Month Increase in U.S. March CPI, Fed May Struggle to Cut Rates

On April 5, U.S. Republican Senator Graham stated on social media: "I just had a great conversation with President Trump. I fully support his ultimatum to the Iranian regime, demanding that they open the Strait of Hormuz and reach a peace agreement. If Iran makes the wrong choice, they will face a large-scale military operation. The regime has already been severely damaged by U.S. military actions."

[U.S. Republican Senator: Situation Will Escalate if Iran Makes Wrong Choice]On April 5, U.S. Republican Senator Graham stated on social media: "I just had a great conversation with President Trump. I fully support his ultimatum to the Iranian regime, demanding that they open the Strait of Hormuz and reach a peace agreement. If Iran makes the wrong choice, they will face a large-scale military operation. The regime has already been severely damaged by U.S. military actions."

U.S. Republican Senator: Situation Will Escalate if Iran Makes Wrong Choice

On April 5, U.S. President Trump stated that a large-scale airstrike targeted Tehran, the capital of Iran, resulting in the deaths of 'multiple' Iranian military leaders. According to AFP, Trump posted on social media on Saturday (April 4), saying, 'Multiple Iranian military leaders, who were ineffective and foolish in their actions, have perished in this large-scale airstrike on Tehran, along with many others!' He also uploaded a video showing explosions illuminating the city skyline at night, but did not specify when the military action took place.

[Trump Claims Large-Scale Airstrike on Tehran Kills Multiple Iranian Military Leaders]On April 5, U.S. President Trump stated that a large-scale airstrike targeted Tehran, the capital of Iran, resulting in the deaths of 'multiple' Iranian military leaders. According to AFP, Trump posted on social media on Saturday (April 4), saying, 'Multiple Iranian military leaders, who were ineffective and foolish in their actions, have perished in this large-scale airstrike on Tehran, along with many others!' He also uploaded a video showing explosions illuminating the city skyline at night, but did not specify when the military action took place.

Trump Claims Large-Scale Airstrike on Tehran Kills Multiple Iranian Military Leaders

U.K. lawmakers agreed on new rules for stablecoins on Thursday – as the government promised to consult on further crypto regulations and a digital pound in the coming weeks.
In April, Rishi Sunak – at the time finance minister, but since promoted to prime minister – said he wanted to make the U.K. a hub for crypto.
Lawmakers are now poring over government proposals to regulate stablecoins, which are cryptocurrencies that seek to maintain their value against the pound or the U.S. dollar, and which can be used as a means of payment.
The bill also gives the U.K. Treasury powers to extend the regulatory net beyond stablecoins, if Parliament consents. Griffith said the consultation on how to do that will come out before Parliament is suspended for Christmas.
Griffith also expressed optimism about issuing a digital pound, on which the Treasury and Bank of England are also due to consult in the coming weeks.

Detail

【UK stablecoin rules approved by lawmaker committee】U.K. lawmakers agreed on new rules for stablecoins on Thursday – as the government promised to consult on further crypto regulations and a digital pound in the coming weeks.
In April, Rishi Sunak – at the time finance minister, but since promoted to prime minister – said he wanted to make the U.K. a hub for crypto.
Lawmakers are now poring over government proposals to regulate stablecoins, which are cryptocurrencies that seek to maintain their value against the pound or the U.S. dollar, and which can be used as a means of payment.
The bill also gives the U.K. Treasury powers to extend the regulatory net beyond stablecoins, if Parliament consents. Griffith said the consultation on how to do that will come out before Parliament is suspended for Christmas.
Griffith also expressed optimism about issuing a digital pound, on which the Treasury and Bank of England are also due to consult in the coming weeks.

UK stablecoin rules approved by lawmaker committee

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UK stablecoin rules approved by lawmaker committee

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