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On April 2, according to the Financial Times, sources revealed that Trump threatened to stop supplying arms to Ukraine unless Europe joined the Hormuz Strait alliance. Last month, Trump requested NATO naval assistance to reopen the strait, but was rejected by European governments. Three officials familiar with the discussions stated that Trump responded by threatening to halt supplies to the 'Prioritized Ukrainian Requirements List' (PURL) project. As a result, under the urging of NATO Secretary General Jens Stoltenberg, several key member countries, including France, Germany, and the UK, issued a hastily prepared statement on March 19, stating, 'We express our willingness to make appropriate contributions to ensure safe passage through the Hormuz Strait.' An official familiar with the discussions noted, 'It was Stoltenberg who insisted on issuing this joint statement because Trump had threatened to withdraw from the 'Transatlantic Partnership Alliance' and completely disengage from Ukrainian affairs.'

[Trump Threatened to Cut Off Arms Supply to Ukraine if Europe Did Not Join Hormuz Alliance]On April 2, according to the Financial Times, sources revealed that Trump threatened to stop supplying arms to Ukraine unless Europe joined the Hormuz Strait alliance. Last month, Trump requested NATO naval assistance to reopen the strait, but was rejected by European governments. Three officials familiar with the discussions stated that Trump responded by threatening to halt supplies to the 'Prioritized Ukrainian Requirements List' (PURL) project. As a result, under the urging of NATO Secretary General Jens Stoltenberg, several key member countries, including France, Germany, and the UK, issued a hastily prepared statement on March 19, stating, 'We express our willingness to make appropriate contributions to ensure safe passage through the Hormuz Strait.' An official familiar with the discussions noted, 'It was Stoltenberg who insisted on issuing this joint statement because Trump had threatened to withdraw from the 'Transatlantic Partnership Alliance' and completely disengage from Ukrainian affairs.'

Trump Threatened to Cut Off Arms Supply to Ukraine if Europe Did Not Join Hormuz Alliance

On April 2, a White House official revealed that President Trump will praise the success of U.S. military operations in Iran during a speech scheduled for Wednesday evening local time. The official stated that Trump's address to the nation will indicate that the U.S. has achieved or exceeded all of its military objectives, including the destruction of Iran's ballistic missile and production facilities, the dismantling of its naval capabilities, ensuring that Iranian proxies can no longer destabilize the region, and guaranteeing that Iran will never acquire nuclear weapons.

[White House Official Previews Trump's Speech: Will Reiterate Possible End of Actions in Iran in 2-3 Weeks]On April 2, a White House official revealed that President Trump will praise the success of U.S. military operations in Iran during a speech scheduled for Wednesday evening local time. The official stated that Trump's address to the nation will indicate that the U.S. has achieved or exceeded all of its military objectives, including the destruction of Iran's ballistic missile and production facilities, the dismantling of its naval capabilities, ensuring that Iranian proxies can no longer destabilize the region, and guaranteeing that Iran will never acquire nuclear weapons.

White House Official Previews Trump's Speech: Will Reiterate Possible End of Actions in Iran in 2-3 Weeks

On April 2, the International Monetary Fund, the World Bank, and the International Energy Agency (IEA) announced that they will work together to address the economic impacts of the war in Iran. According to a joint statement released on Wednesday, these organizations agreed to share data, coordinate policy recommendations, and mobilize relevant stakeholders to provide support to countries in need. They will also assess the potential funding needs of various nations. The impacts are significant, global, and highly asymmetric, particularly affecting energy-importing countries, especially low-income nations, which are experiencing disproportionate shocks.

[IMF, World Bank, and IEA to Collaborate on Iran Crisis Response]On April 2, the International Monetary Fund, the World Bank, and the International Energy Agency (IEA) announced that they will work together to address the economic impacts of the war in Iran. According to a joint statement released on Wednesday, these organizations agreed to share data, coordinate policy recommendations, and mobilize relevant stakeholders to provide support to countries in need. They will also assess the potential funding needs of various nations. The impacts are significant, global, and highly asymmetric, particularly affecting energy-importing countries, especially low-income nations, which are experiencing disproportionate shocks.

IMF, World Bank, and IEA to Collaborate on Iran Crisis Response

On April 2, the Islamic Republic of Iran Broadcasting reported on April 1, citing a statement from an Iranian official on social media, that Iranian President Ebrahim Raisi will issue an open letter to the American people in a few hours. (Xinhua)

[Iranian Media: Iranian President to Issue Open Letter to the American People]On April 2, the Islamic Republic of Iran Broadcasting reported on April 1, citing a statement from an Iranian official on social media, that Iranian President Ebrahim Raisi will issue an open letter to the American people in a few hours. (Xinhua)

Iranian Media: Iranian President to Issue Open Letter to the American People

On April 2, Abdollahi, commander of the Central Command of the Iranian Armed Forces' Khatam al-Anbia, stated that the regional 'Resistance Front' has not been weakened but has instead demonstrated 'unparalleled strength' in the conflict. Abdollahi noted that Hezbollah in Lebanon, the Houthi movement in Yemen, and various Islamic resistance groups in Iraq have shown 'courage and conviction' in their fight against the United States and Israel. (CCTV News)

[Iranian Military Official: Resistance Front Demonstrates Strength in Combat Against US and Israel]On April 2, Abdollahi, commander of the Central Command of the Iranian Armed Forces' Khatam al-Anbia, stated that the regional 'Resistance Front' has not been weakened but has instead demonstrated 'unparalleled strength' in the conflict. Abdollahi noted that Hezbollah in Lebanon, the Houthi movement in Yemen, and various Islamic resistance groups in Iraq have shown 'courage and conviction' in their fight against the United States and Israel. (CCTV News)

Iranian Military Official: Resistance Front Demonstrates Strength in Combat Against US and Israel

On April 2, the Federal Reserve's overnight reverse repurchase agreement (RRP) usage on Wednesday was $2.107 billion, with 9 counterparties involved, compared to $1 billion on the previous trading day.

[Federal Reserve Overnight Reverse Repo Usage Reaches $2.107 Billion]On April 2, the Federal Reserve's overnight reverse repurchase agreement (RRP) usage on Wednesday was $2.107 billion, with 9 counterparties involved, compared to $1 billion on the previous trading day.

Federal Reserve Overnight Reverse Repo Usage Reaches $2.107 Billion

On April 2, the derivative trading platform Drift Protocol, based on Solana, experienced a security incident. On-chain data indicates losses of at least approximately $200 million, with some estimates nearing $270 million. The project team reported that they have detected unusual activity and are currently investigating, advising users not to deposit funds into the protocol and emphasizing that 'this is not an April Fool's joke.' The attack involved multiple liquidity pools, including JLP Delta Neutral, SOL Super Staking, and BTC Super Staking. A single transaction involved the transfer of approximately 41.7 million JLP tokens, valued at around $155 million, along with other assets such as SOL, USDC, cbBTC, and wBTC being withdrawn. According to statistics, this incident may become one of the largest DeFi attacks in the Solana ecosystem since the Wormhole bridge exploit.

[Drift Protocol on Solana Ecosystem Attacked, Losses Estimated at Over $200 Million]On April 2, the derivative trading platform Drift Protocol, based on Solana, experienced a security incident. On-chain data indicates losses of at least approximately $200 million, with some estimates nearing $270 million. The project team reported that they have detected unusual activity and are currently investigating, advising users not to deposit funds into the protocol and emphasizing that 'this is not an April Fool's joke.' The attack involved multiple liquidity pools, including JLP Delta Neutral, SOL Super Staking, and BTC Super Staking. A single transaction involved the transfer of approximately 41.7 million JLP tokens, valued at around $155 million, along with other assets such as SOL, USDC, cbBTC, and wBTC being withdrawn. According to statistics, this incident may become one of the largest DeFi attacks in the Solana ecosystem since the Wormhole bridge exploit.

Drift Protocol on Solana Ecosystem Attacked, Losses Estimated at Over $200 Million

On April 2, sources indicated that U.S. President Trump has instructed Vice President Pence to privately convey to Iran that he is open to a ceasefire as long as certain 'specific demands,' such as the reopening of the Strait of Hormuz, are met. As of March 31, Pence was still discussing the Iran issue with 'intermediaries.' He conveyed a 'tough' message, stating that Trump is 'impatient.' He also warned that unless Iran reaches an agreement, its infrastructure will face increasing pressure from strikes. Additionally, on April 1, three U.S. officials stated that the U.S. is discussing the possibility of reaching a ceasefire agreement conditioned on the reopening of the Strait of Hormuz. These officials also noted that it is unclear whether an agreement can be reached. Earlier that day, Trump stated on social media that Iran had 'just requested a ceasefire from the U.S.,' but that the U.S. would only 'consider' it if the Strait of Hormuz is reopened. Later that day, he is expected to deliver a nationwide address regarding the Iran issue.

[Sources Say Trump Sets Conditions for Ceasefire: Must Meet U.S. 'Specific Demands']On April 2, sources indicated that U.S. President Trump has instructed Vice President Pence to privately convey to Iran that he is open to a ceasefire as long as certain 'specific demands,' such as the reopening of the Strait of Hormuz, are met. As of March 31, Pence was still discussing the Iran issue with 'intermediaries.' He conveyed a 'tough' message, stating that Trump is 'impatient.' He also warned that unless Iran reaches an agreement, its infrastructure will face increasing pressure from strikes. Additionally, on April 1, three U.S. officials stated that the U.S. is discussing the possibility of reaching a ceasefire agreement conditioned on the reopening of the Strait of Hormuz. These officials also noted that it is unclear whether an agreement can be reached. Earlier that day, Trump stated on social media that Iran had 'just requested a ceasefire from the U.S.,' but that the U.S. would only 'consider' it if the Strait of Hormuz is reopened. Later that day, he is expected to deliver a nationwide address regarding the Iran issue.

Sources Say Trump Sets Conditions for Ceasefire: Must Meet U.S. 'Specific Demands'

On April 2, the U.S. Treasury released the first proposed rulemaking notice (NPRM) for the Guidance and Establishment of the U.S. Stablecoin National Innovation Act (GENIUS Act), seeking public input on the criteria for determining the applicable state regulatory framework for small stablecoin issuers. The proposal aims to clarify that when a state regulatory system is 'substantially similar' to the federal framework, stablecoin issuers with a market capitalization below $10 billion may choose to be regulated at the state level rather than under comprehensive federal regulation. The public will have a 60-day comment period following the publication of the rule in the Federal Register. The Treasury stated that the rule will establish overall principles for determining whether state regulation meets federal standards. Currently, major U.S. banking regulators, including the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), are also releasing related draft rules to advance the stablecoin regulatory framework. Meanwhile, the GENIUS Act does not yet address rules for interest-bearing stablecoins, which has become a significant obstacle for Congress in advancing broader cryptocurrency market structure legislation.

[U.S. Treasury Releases First Draft Rules for GENIUS Act, Seeks State Regulatory Input for Small Stablecoin Issuers]On April 2, the U.S. Treasury released the first proposed rulemaking notice (NPRM) for the Guidance and Establishment of the U.S. Stablecoin National Innovation Act (GENIUS Act), seeking public input on the criteria for determining the applicable state regulatory framework for small stablecoin issuers. The proposal aims to clarify that when a state regulatory system is 'substantially similar' to the federal framework, stablecoin issuers with a market capitalization below $10 billion may choose to be regulated at the state level rather than under comprehensive federal regulation. The public will have a 60-day comment period following the publication of the rule in the Federal Register. The Treasury stated that the rule will establish overall principles for determining whether state regulation meets federal standards. Currently, major U.S. banking regulators, including the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), are also releasing related draft rules to advance the stablecoin regulatory framework. Meanwhile, the GENIUS Act does not yet address rules for interest-bearing stablecoins, which has become a significant obstacle for Congress in advancing broader cryptocurrency market structure legislation.

U.S. Treasury Releases First Draft Rules for GENIUS Act, Seeks State Regulatory Input for Small Stablecoin Issuers

The cross-chain transaction aggregator LI.FI officially announced the launch of the customized solution Loyalty Pass designed specifically for users participating in the LI.FI ecosystem. It is reported that the core of Loyalty Pass is to provide measurable standards for users' interactions with LI.FI and Jumper, currently focusing only on on-chain actions, with plans to expand Loyalty Pass to off-chain activities such as Discord interactions and event participation.

[Cross-Chain Transaction Aggregator LI.FI Launches DID Scheme Loyalty Pass]The cross-chain transaction aggregator LI.FI officially announced the launch of the customized solution Loyalty Pass designed specifically for users participating in the LI.FI ecosystem. It is reported that the core of Loyalty Pass is to provide measurable standards for users' interactions with LI.FI and Jumper, currently focusing only on on-chain actions, with plans to expand Loyalty Pass to off-chain activities such as Discord interactions and event participation.

Cross-Chain Transaction Aggregator LI.FI Launches DID Scheme Loyalty Pass

Article

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Trump's Withdrawal Signal Boosts Nikkei Index by 4%

Thousands of U.S. Soldiers Deploying to the Middle East

US Spot Bitcoin ETF Sees $117.31 Million Net Inflow Yesterday

On-chain Address Buys Back 500,000 SIREN for 144,000 USDT

Cross-Chain Transaction Aggregator LI.FI Launches DID Scheme Loyalty Pass

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