Oil prices sank nearly 5% on the day, hitting their lowest level in two weeks, as investors grew more optimistic that the U.S. and Iran could reach a peace deal.

Brent crude oil fell 5% after reports that the U.S. and Iran are negotiating a deal aimed at reopening the Strait of Hormuz and bringing the war to an end.

Tether Treasury transferred 140,000,000 USDT, equivalent to USD 139,825,070, to Bitfinex.

Gold investment demand rose by 990 tonnes in 2025, driven by a clear pivot away from jewelry purchases and toward physical investment products. Bar and coin buying reached 474 tonnes in Q1 2026, marking the second-strongest quarter on record. A similar rotation is playing out in silver: investment demand increased by 13.5 million ounces in 2025. The data suggest the world is not stepping back from precious metals—it is reallocating toward more investment-focused forms. #Gold #Silver #PreciousMetals

StablR, a stablecoin issuer backed by Tether and Kraken, saw its EURR and USDR tokens lose their pegs after an attacker exploited a 1-of-3 multisig wallet and minted $13.5 million in unbacked tokens, The Block reported. EURR slid to $0.85, while USDR fell as low as $0.40. The attacker is said to have swapped more than $10 million of the tokens into ETH.

StablR's stablecoins EURR and USDR slipped from their pegs after an attacker exploited a multisig weakness to mint about $13.5 million worth of tokens without backing.

A four-year legal battle over a collapsed crypto deal is back before Delaware's Chancery Court, with at least $100 million at stake. Mike Novogratz testified this week as BitGo presses claims against Galaxy Digital stemming from their failed $1.2 billion merger, Bloomberg reported. The transaction was signed in May 2021 and called off in August 2022 in the aftermath of Terra's collapse. BitGo argues Galaxy abandoned the deal without using "reasonable best efforts" and failed to disclose details related to investigations by U.S. authorities. Galaxy counters that BitGo missed the deadline to provide audited financial statements.

How a $10 million stablecoin theft netted only $2.8 million: $USDR and $EURR