Bitcoin, gold and U.S. equities moved lower after former President Donald Trump said the U.S. would hit Iran "extremely hard."

Ledger CTO Charles Guillemet (@P3b7_) says the recent Drift Protocol exploit used the same playbook as last year's Bybit hack, which has been widely attributed to DPRK-linked actors. According to Guillemet, the attackers did not take advantage of a single smart-contract bug. Instead, they quietly compromised the computers of multisig signers over time and manipulated them into approving a malicious transaction. "The signers may have believed they were signing a legitimate operation," he warned, adding that the codebase appeared clean while the human layer lacked protection.

HuoXing Finance said that Hyperinsight data on April 2 showed crude prices climbing after anticipated ceasefire developments failed to emerge. Two Abraxas Capital-linked addresses—currently holding the largest oil position on Hyperliquid—have seen their combined unrealized losses widen to $9.7 million. The monitored wallets rolled short exposure aggressively at lower levels overnight and into early morning. Their combined Brent and WTI short positions now total $159 million, including 5x leveraged BRENTOIL shorts of $102 million (average entry around $103) and 5x leveraged WTIOIL shorts of $56.99 million (average entry around $98.6).

Blockchain data shows a transfer of 108,128,131 USDC, worth about USD 108,096,179, from Coinbase Institutional to an unidentified wallet.

Drift said a $280 million exploit was the result of a 'sophisticated' takeover of an administrative account. Separately, on-chain investigator ZachXBT criticized Circle's handling of USDC tied to the incident.

Axe Compute (NASDAQ: AGPU), a Nasdaq-listed company backed by the Aethir decentralized GPU network, released its FY2025 annual financial report on April 1 (UTC+8), outlining the progress of its decentralized computing business for institutional investors. According to the report, the total value of contracts executed over the past 30 days reached about $12 million. The company estimates monthly revenue of $835,000 for Q2 and reported more than 20 enterprise clients. After the disclosure, AGPU rallied as much as 152% in a single session. Trading volume topped 900x the 20-day average, with daily turnover exceeding $300 million. The company said all enterprise computing deployments were delivered through the Aethir network, covering 94 countries and more than 200 nodes. The network has surpassed 435,000 GPU containers, with cumulative deliveries exceeding 1.8 billion compute hours. Source: ODAILY

Odaily Planet Daily reported that on April 1, Axe Compute (NASDAQ: AGPU), a Nasdaq-listed company built on the Aethir decentralized GPU network, published its FY2025 annual report, outlining the progress of its decentralized computing business to institutional investors through a public-company disclosure. The filing said executed contract value over the past 30 days totaled about $12 million, with estimated Q2 monthly revenue of $835,000 and more than 20 enterprise clients. After the report was released, AGPU posted an intraday peak gain of 152%. Trading volume topped 900 times the 20-day average, with daily turnover exceeding $300 million. The company said all enterprise compute deployments are delivered via the Aethir network, spanning 94 countries and more than 200 nodes, supported by over 435,000 GPU containers and more than 1.8 billion cumulative compute hours delivered.

Onchain analyst Onchain Lens (@OnchainLens) reports that Solana-based perpetuals platform Drift Protocol was exploited, with losses surpassing $270 million. The attacker has swapped almost all of the stolen assets into 129,067 ETH, valued at about $277 million, and later used $2.46 million in USDC to buy an additional 1,195 ETH. The wallet now holds 130,262 ETH, worth roughly $268 million.

US consumers' inflation expectations surged to 6.2% in March, marking the highest level recorded since August 2025. This substantial increase also represents the sharpest month-on-month rise observed since the implementation of the 'Liberation Day' tariffs. The latest data suggests a significant shift in public sentiment regarding future price trends, which could have notable implications for consumer behavior and overall economic stability. This development is crucial for policymakers and market analysts to monitor closely, as it may signal persistent or escalating inflationary pressures within the broader economy, potentially influencing monetary policy decisions in the near term.