According to Gate data, Brent crude oil rose 7% intraday, currently trading at $105.79 per barrel; WTI crude oil rose 6.6%.

On Apr 02, 2026, 04:28 AM(UTC). According to Binance Market Data, BNB has dropped below 590 USDT and is now trading at 589.840027 USDT, with a narrowed 4.30% decrease in 24 hours.

According to the Financial Times, Gulf states are re-evaluating costly pipeline projects to bypass the Strait of Hormuz and ensure oil and gas exports, citing the threat of Iran's potential long-term control over this shipping chokepoint. Government officials and industry executives point out that while the pipeline project is expensive, politically complex, and time-consuming, it may be the only way to reduce the Gulf states' dependence on the strait. The current conflict further highlights the strategic value of Saudi Arabia's 1,200-kilometer-long East-West Pipeline. Built in the 1980s to address concerns about the strait's closure due to the Iran-Iraq Tanker War, it has become a vital lifeline, transporting 7 million barrels of crude oil daily to the Red Sea port of Yanbu, completely bypassing the Strait of Hormuz. Saudi Arabia is currently considering how to export more crude oil via the pipeline, with options including expanding the East-West Pipeline's capacity or opening new routes. (Jinshi)

Bitget Launchpool's MEZO project is now open for investment. As of press time, its BGB staking pool yields 30.31% APR, and the MEZO staking pool yields 1,551.67% APR.

According to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $174 million yesterday (April 1st, Eastern Time). The Bitcoin spot ETF with the largest single-day net inflow was the Grayscale Bitcoin Mini Trust ETF (BTC), with a net inflow of $10.2509 million. BTC's historical total net inflow has reached $2.191 billion. The Bitcoin spot ETF with the largest single-day net outflow was the BlackRock ETF (IBIT), with a net outflow of $86.5222 million. IBIT's historical total net inflow has reached $63.118 billion. As of press time, the total net asset value of Bitcoin spot ETFs is $87.707 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.43%. Historical cumulative net inflows have reached $55.948 billion.

According to SolanaFloor monitoring, the Drift protocol vulnerability has affected 11 DeFi protocols, including Reflect Money, Ranger Finance, Neutral Trade, Elemental DeFi, Project 0, Lulo Finance, Asgard Finance, DeFi Carrot, Pyra, xPlace, and Fuse Wallet. Some protocols have suspended minting, redemption, or deposit/withdrawal functions. Ranger Finance confirmed approximately $900,000 in risk exposure, representing about 6% of its total locked value of $14.6 million. Pyra stated that user funds were affected due to earning yields through Drift and has suspended the Pyra Card function. Asgard Finance stated that the risk exposure related to Drift is not significant, has disabled the credit source, and has contacted affected users. Fuse Wallet has suspended deposits from its Earn product to Drift; the wallet itself is not affected. DeFi Carrot has suspended minting and redemption functions; its Boost and Turbo products are unaffected. xPlace has suspended deposits and withdrawals for its Savings product, and its credit mode and lending functions are temporarily disabled. Protocols such as Elemental DeFi and Project 0 have stated that related fund allocations have been suspended, pending the resumption of Drift operations. Lulo Finance warned that Classic depositors may be affected, while Protected and Boosted products have no risk exposure.

According to SoSoValue data, Ethereum spot ETFs saw a total net outflow of $7.1047 million yesterday (April 1st, Eastern Time). The Ethereum spot ETF with the largest single-day net inflow was the Grayscale Ethereum Trust ETF (ETHE), with a net inflow of $17.4187 million. ETHE's historical total net outflow has reached $5.16 billion. This was followed by the Grayscale Ethereum Mini Trust ETF (ETH), with a net inflow of $6.4932 million. ETH's historical total net inflow has reached $1.831 billion. The Ethereum spot ETF with the largest single-day net outflow was the BlackRock ETF (ETHA), with a net outflow of $32.2589 million. ETHA's historical total net inflow has reached $11.609 billion. As of press time, the total net asset value of the Ethereum spot ETF is $12.206 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 4.72%, and a cumulative net inflow of $11.552 billion.

According to an official announcement, BitMart will launch VSTONUSDT and VRTXONUSDT perpetual contracts on April 2, 2026 at 16:00 (UTC+8), supporting leverage up to 20x.

On April 2, despite the recent shift in market sentiment towards interest rate hikes by the Federal Reserve, Goldman Sachs maintains its forecast of two rate cuts by 2026. According to BlockBeats, the financial institution cites four main reasons for its outlook, suggesting that the market's concerns may be overstated. Firstly, the current oil shock is not as severe as previous ones. Secondly, a slowing labor market and decelerating wage growth are expected to mitigate inflationary pressures. Thirdly, the current Federal Reserve interest rate levels are approximately in line with the benchmark rate. Lastly, the Federal Reserve typically does not adjust rates solely in response to oil price shocks.

North Korean hackers briefly accessed a software developer’s account for Axios and sent malicious updates to thousands of US companies. Experts warn the attack could take months to fully assess and may be part of a long-term effort to steal cryptocurrency.

SOLANA and Drift Suffer Over $200 Million Hacking: The Story and Deeper Warnings (Golden Finance) - The Root Cause of the Theft: Not a Smart Contract Vulnerability, but Human Error

The Drift Protocol attack, which resulted in the theft of $285 million in assets, exposed fatal flaws in DeFi projects' multi-signature permission management and oracle security. Was this a hacking incident or an inside job by the project team?

Gulf countries are contemplating the construction of a new oil pipeline to circumvent the Strait of Hormuz, according to BlockBeats. The move comes as regional tensions continue to pose risks to the critical shipping route. The Strait of Hormuz is a strategic chokepoint through which a significant portion of the world's oil supply is transported. Concerns over potential disruptions have prompted Gulf nations to seek alternative routes for oil transportation. The proposed pipeline would offer a more secure pathway for oil exports, reducing dependency on the strait. This development highlights ongoing efforts by Gulf countries to enhance energy security amid geopolitical uncertainties.

Elon Musk’s SpaceX is preparing to storm Wall Street with what could be the largest public listing in history, targeting a staggering $1.75 trillion valuation and a $75 billion raise that would instantly place it among the world’s most valuable assets.

Cardano founder Charles Hoskinson warned that the U.S. CLARITY Act could take years to implement and may favour established cryptocurrencies while making it harder for new projects to grow.

The Strait of Hormuz crisis, triggered by the conflict between the United States and Iran, has become one of the biggest external shocks facing the global economy in 2026. It not only tests energy security and supply chain resilience but also reshapes the monetary policy framework.

Crypto asset valuations remained firm in March, posting a slight increase despite declines in most major assets. Current prices still present an attractive entry point for long-term investors, but a further valuation recovery requires a reduction in geopolitical uncertainty.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse 8 AM," issue 3014, providing you with the latest and fastest news on the digital currency and blockchain industry.

Elon Musk held a press conference in an abandoned power plant and announced something no one in the AI ​​industry dared to do: make their own chips.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.