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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 The end result led to approximately $280 million in funds being withdrawn from the protocol.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Drift, including those staked to Drift validators) and insurance fund assets were not affected, with the latter being withdrawn for protection.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 The end result led to approximately $280 million in funds being withdrawn from the protocol.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Drift, including those staked to Drift validators) and insurance fund assets were not affected, with the latter being withdrawn for protection.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.

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

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.

On April 2, Paidun issued a clarification stating that HyperEVM has not experienced a network outage. The current issue is strictly limited to the frontend of the block explorer, where failures in syncing/displaying new blocks have prevented users from viewing data normally. Previously, the community and some monitoring tools detected anomalies in interactions at the HyperEVM level, leading to speculation about a 'network failure.'

[Paidun: HyperEVM Not Down, Frontend Sync Issues with Block Explorer]On April 2, Paidun issued a clarification stating that HyperEVM has not experienced a network outage. The current issue is strictly limited to the frontend of the block explorer, where failures in syncing/displaying new blocks have prevented users from viewing data normally. Previously, the community and some monitoring tools detected anomalies in interactions at the HyperEVM level, leading to speculation about a 'network failure.'

Paidun: HyperEVM Not Down, Frontend Sync Issues with Block Explorer

According to 1M AI News, OpenAI co-founder Greg Brockman was asked in an interview whether he agrees with Nvidia CEO Jensen Huang's statement that "AGI has already been achieved." He provided an uncertain response: "By my personal definition, I would say I'm about 70-80% there." He believes AGI will be realized in a few years, at which point "almost all intellectual tasks, everything you can do on a computer, AI will be able to do," but the process will still be "jagged." Currently, AI has surpassed humans in many tasks, such as coding, but still struggles with some "very basic tasks that humans can easily accomplish." He illustrated the complexity of his feelings with a personal comparison: "If you showed me today's system five years ago, I would say 'Oh yes, that's what we were talking about.' But it is different from what any of us imagined." The next concrete milestone towards AGI is the planned launch of an "automated AI researcher" this fall. When pressed about what it would specifically do, Brockman said: "It will take all the work that a research scientist does from start to finish and put it onto silicon." He compared this system to managing a junior researcher: it cannot be left unattended for too long, or it will go in unproductive directions, but having senior researchers provide feedback, review charts, and guide the direction is sufficient. He defined the current stage as "the early phase of takeoff": the stronger the AI, the more it can accelerate its own improvement, creating a positive feedback loop; the external supply chain is also accelerating, with chip developers investing more resources, and the developer economy around AI continuously expanding, all energies are converging. He also disclosed an internal cultural detail: after the release of ChatGPT, he felt a sense of "we won" at the company's holiday party, which he described as the most frightening moment for him at OpenAI. "No, we are challengers, we always have been." He believes that the emergence of competitors is "very healthy for OpenAI," as it has helped the company realign its direction.

["If you showed me today's system five years ago, I would say that's AGI": OpenAI co-founder assesses progress at 70-80%, plans to launch AI researcher this fall]According to 1M AI News, OpenAI co-founder Greg Brockman was asked in an interview whether he agrees with Nvidia CEO Jensen Huang's statement that "AGI has already been achieved." He provided an uncertain response: "By my personal definition, I would say I'm about 70-80% there." He believes AGI will be realized in a few years, at which point "almost all intellectual tasks, everything you can do on a computer, AI will be able to do," but the process will still be "jagged." Currently, AI has surpassed humans in many tasks, such as coding, but still struggles with some "very basic tasks that humans can easily accomplish." He illustrated the complexity of his feelings with a personal comparison: "If you showed me today's system five years ago, I would say 'Oh yes, that's what we were talking about.' But it is different from what any of us imagined." The next concrete milestone towards AGI is the planned launch of an "automated AI researcher" this fall. When pressed about what it would specifically do, Brockman said: "It will take all the work that a research scientist does from start to finish and put it onto silicon." He compared this system to managing a junior researcher: it cannot be left unattended for too long, or it will go in unproductive directions, but having senior researchers provide feedback, review charts, and guide the direction is sufficient. He defined the current stage as "the early phase of takeoff": the stronger the AI, the more it can accelerate its own improvement, creating a positive feedback loop; the external supply chain is also accelerating, with chip developers investing more resources, and the developer economy around AI continuously expanding, all energies are converging. He also disclosed an internal cultural detail: after the release of ChatGPT, he felt a sense of "we won" at the company's holiday party, which he described as the most frightening moment for him at OpenAI. "No, we are challengers, we always have been." He believes that the emergence of competitors is "very healthy for OpenAI," as it has helped the company realign its direction.

"If you showed me today's system five years ago, I would say that's AGI": OpenAI co-founder assesses progress at 70-80%, plans to launch AI researcher this fall

Ordinals Wallet has posted on social media that they have exceeded their customers' expectations and therefore provided multiple login options for the market. This is a choice for those who believe that browser extensions are the best users and for those who believe that web wallets are the best users. Chrome extensions will always be at the mercy of Google. We are taking measures to reduce contact with third parties, and we have learned this from Satoshi Nakamoto.

[Ordinals Wallet: Chrome extensions will always be at the mercy of Google, wallets reduce exposure to third parties]Ordinals Wallet has posted on social media that they have exceeded their customers' expectations and therefore provided multiple login options for the market. This is a choice for those who believe that browser extensions are the best users and for those who believe that web wallets are the best users. Chrome extensions will always be at the mercy of Google. We are taking measures to reduce contact with third parties, and we have learned this from Satoshi Nakamoto.

Ordinals Wallet: Chrome extensions will always be at the mercy of Google, wallets reduce exposure to third parties

Article

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BTC fell below 68000  USDT

Ordinals Wallet: Chrome extensions will always be at the mercy of Google, wallets reduce exposure to third parties

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