Iran Mobilizes Multi-City Forces to Capture US Pilot
April 3 — Iranian media report that the governor of Chaharmahal and Bakhtiari Province has announced directives related to American pilots. Village heads in the counties of Lordegan, Falaad, Hamirza, Ardall, Borujen, and Farskoor have been ordered to mobilize searches for American pilots in their respective regions, along with locating and reporting information on American and Israeli spies. The governor has pledged special support and generous rewards to any team that successfully finds and captures these individuals.
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The US Service Sector Contracts for the First Time in Three Years
April 3rd — Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, noted that PMI survey data shows the U.S. economy is under pressure from rising prices and mounting uncertainty, with the Middle East conflict further amplifying concerns over recent policy moves.
The service sector contracted for the first time since January 2023, pushing the overall economy to near-stagnation with a March annualized growth rate of just 0.5%. The consumer-facing services industry was hit hardest, posting one of its largest declines since 2009 (excluding lockdown periods).
Previously strong financial services and tech sectors have shown signs of weakening amid market volatility and worries about higher interest rates. The main driver of slowing growth is reduced spending from weaker purchasing power, while March’s sharp energy price hike pushed up costs and selling prices significantly.
Survey data suggests businesses are increasingly likely to pass those costs to custome
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Market Analysis: Non-Farm Payroll Boost Eases Employment Market Concerns, Fed's Cautious Stance Expected to Continue
Apr 3. Jerry Tempelman, VP of Economic and Fixed Income Research at Mutual of America Capital Management, noted markets are zeroing in on the March non-farm payroll report to confirm labor market stability. Today’s 178,000 job additions have helped ease concerns, and the modest tick in the unemployment rate to 4.3% hasn’t warranted immediate focus.
That said, the "low hiring, low firing" slowdown trend can’t be overlooked. Even with last month’s data being a surprise, the Fed’s decision to hold interest rates was fully in line with market expectations. This outcome underscores policymakers’ continued caution as they balance short-term economy-wide impacts with long-term stability. (Jin10)
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Binance Futures will list MUUSDT and SNDKUSDT Quarterly Stock Token Futures
As per an official announcement on April 3rd, Binance Futures will list the following perpetual contracts at the specified times:
- April 7, 2026, 21:30 (UTC+8): MUUSDT Stock Perpetual Contract, with up to 10x leverage available
- April 7, 2026, 21:40 (UTC+8): SNDKUSDT Stock Perpetual Contract, with up to 10x leverage available
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ZachXBT Investigation Report: Circle Fails Compliance Multiple Times, Involved Amount Exceeds $420 Million
On-chain detective ZachXBT released an investigation report on Circle on April 3, 2026, alleging the firm has demonstrated lax compliance enforcement in multiple illicit fund incidents since 2022, with total illicit funds exceeding $4.2 billion.
Circle, issuer of stablecoin USDC, has long been recognized for regulatory compliance and a robust compliance framework. Its token contract includes address freeze and blacklisting capabilities, and its terms of service explicitly reserve the right to restrict suspicious accounts. However, these mechanisms were not deployed timely or effectively in several major security breaches.
The report specifically cites the April 1, 2026 Drift Protocol attack, where attackers stole approximately $2.8 billion in assets. Using Circle’s proprietary cross-chain bridge CCTP, the attacker transferred over 2.32 billion USDC from Solana to Ethereum within 6 hours—no assets were frozen during this window.
Similar issues emerged in attacks on SwapNet, Cet
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