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Good now revolutionaries—
Iran threatened to shut down the Strait of Hormuz overnight, oil jumped 11.4% in 12 hours, and by the time we wrapped it was up 14.5% on the day. Will Watson broke down what that actually means for markets—and why it's not over. We also hit the one-year mark since Liberation Day, and the numbers are grim: beef up 14%, coffee up 21%, oil up 40%, electricity up 36%, consumer prices up 20%, and the national debt is up $2.64 trillion.
On the DeFi side, Drift Protocol got hit for $285 million when two of five multisig keys were compromised. We broke down how it happened, what time locks and circuit breakers actually do (and why more protocols need them), and walked through a live list of the biggest DeFi exploits in history.
Will also made the case for Circle (USDC) stock as his biggest 2026 investment—buy targets $63–$71—and gave his levels for ETH (under $1,700) and HYPE (possibly $15–$20 from peak $60). We also answered the question everyone keeps asking: could Tether or USDC actually depeg? And debunked the token supply argument once and for all—supply doesn't matter without demand. Sort by revenue on DeFi Llama, not by supply cap.
Arculus Wallet — cold storage that fits in your wallet, promo code ARCURUMS10 at getarculus.com
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