Trump threatens Iran. Crypto bleeds 6%.
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Today's key developments:
• Trump's Iran threat sent crypto into a synchronized risk-off dump: BTC fell to $66,056 (-3.35%), SOL dropped -6.08%, and BNB shed -6.35% as geopolitical fear hit every risk asset at once.
• Drift Protocol exploited for a reported $285 million — Solana's largest DeFi protocol by perps volume told users to halt deposits, and the post-mortem is pointing at admin key exposure, not code.
• Coinbase's CLO says a deal on stablecoin yield in the Clarity Act is "very close" — and dismissed banking industry concerns about deposit flight as lawmakers finalize provisions.
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⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research.
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