Drift Protocol announced a recovery plan backed by $150 million after a $280 million exploit, transitioning from USDC to USDT, impacting 128,000 users. The plan links user balance restoration to ongoing trading, following criticism of Circle's response to the hack.

The Australian dollar has reached a 30-year high against the Japanese yen, propelled by optimism over a US-Iran ceasefire and a global equity rally. The RBA's hawkish policy and positive links to equity markets enhance AUD's appeal, though risks remain due to potential volatility.

X product owner Nikita Bier hints at a plan to launch a product aimed at fixing the encryption industry, drawing market attention. Speculation links it to X’s financial ecosystem expansion, possibly including features such as payments, digital wallets, and stablecoins. X’s official account has not yet made a formal response. Musk says the early public version of X Money will go live in April.

Gate News message: On April 7, the crypto rewards fintech company GoSats announced the completion of a $5 million Series A round of financing, led by Konvoy, with participation from Y Combinator, Taisu Ventures, and others. GoSats' business model links Bitcoin and gold rewards to everyday spending, helping businesses acquire customers and boost user loyalty. The funds from this round will be used to develop innovative fintech products and to build AI-powered personalized services.

Sky Links Capital CEO Daniel Takieddine said that, as expectations for Federal Reserve rate cuts weaken, the upside potential for gold is limited. The price of gold is influenced by strong U.S. labor data and geopolitical risk. He noted that gold’s near-term performance will depend on U.S. economic data and policy signals.

Gate News message. On April 2, according to monitoring by ZachXBT, Trust Wallet’s Discord short link discord.gg/trustwallet has been hijacked and is currently pointing to a phishing server. Users should avoid joining that Discord via links provided through official channels (including the website, Telegram, blogs, etc.).

Warren Buffett warns that the financial system has vulnerabilities, emphasizing that close links between banks and non-bank institutions could lead to risk contagion. He says that financial stability should be the Federal Reserve’s top priority and also notes that market panic may cause investors to pull out quickly.

The Web3 social infrastructure project UXLINK has launched the AI component X-AGENT, aimed at providing advanced social expansion solutions for creators and brands. X-AGENT combines AI automation with real social connections to support social network growth. Its bidirectional AI token economic model links consumption with value output to achieve sustainability. The system will go live next week, and users can pre-register for an early experience.

On March 27, GoPlus cited a Koi report stating that Anthropic's Claude Chrome extension has a critical prompt injection vulnerability, affecting all versions below 1.0.41. Users are advised to update to version 1.0.41 or higher immediately and to be cautious of phishing links. Attackers could exploit this to hijack the extension and carry out data theft.

The dispute over Bitcoin mining in the United States continues to escalate, with Swan Bitcoin filing for evidence in the New York court to obtain proof related to Tether. The controversy stems from the breakdown of the partnership between Swan and the joint venture 2040 Energy with Tether, accusing internal executives of misconduct. Meanwhile, Cantor Fitzgerald and its CEO are also involved, with potential links to funds and interests. The case could impact Bitcoin mining models and the stablecoin ecosystem.