Blockent Report
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⚡️NEW: The ECB is resisting looser rules for euro stablecoins, warning they could drain bank deposits, weaken lending, and make interest-rate control harder, per Reuters.

Bruegel warns overly strict EU rules could push activity offshore and deepen “digital dollarization.”

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📊INSIGHT: Credit card accounts 90+ days delinquent have jumped to 13.1%, the highest in 15 years and nearing the highest level on record, per Barchart.

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🚨LATEST: FTX’s former law firm and auditor have agreed to pay $66 MILLION to settle customer claims tied to Sam Bankman-Fried’s fraud.

Fenwick & West denied wrongdoing and still faces a separate $525 MILLION lawsuit.

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🚨 ALERT: StablR-linked EURR and USDR contracts were reportedly exploited for ~$10M, per ZachXBT.

Both stablecoins have depegged by over 20%, with the attack reportedly still ongoing.


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🚨NEW DAY, NEW EXPLOIT: STABLR STABLECOINS CRASH AFTER $10M ATTACK

StablR-linked EURR and USDR stablecoins have been exploited for roughly $10M, with both tokens plunging more than 20% off peg, ZachXBT reports.

The attacker wallet was reportedly funded through CCTP on Noble, while the StablR team appears to be inactive during the ongoing exploit.

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🚨NEW: 60 Minutes reports Iran is successfully working around the U.S. blockade, exporting roughly 100,000 MORE barrels of oil per day than before the war.

A stunning failure of U.S. containment efforts.

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🔥HYPE JUST HIT ANOTHER ATH

Hyperliquid reached a new high $64.40.

A fresh wallet withdrew 63,780 $HYPE, worth about $4.06 MILLION from Bybit, Lookonchain reports.

New wallets buying into price discovery is exactly the kind of flow traders watch during strong momentum runs.

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📊DATA: 42.5% OF NEW COLLEGE GRADUATES ARE NOW UNDEREMPLOYED.

That's the highest since the pandemic.

Job postings are down 12% from pre-pandemic levels, while applications per posting surged 26%, according to Guardian.

The economy added 251,000 jobs per month in 2023.
In 2026: 68,000.

The labor market isn't broken. The entry-level job just got automated.

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⚡️LATEST: Charles Hoskinson is reviewing governance models across 11,000+ DAOs as he looks to improve how Cardano resolves internal conflicts.

He says the effort builds on a decade of governance research and could lead to new proposals through $ADA’s constitution and technology stack.

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JUST IN: 🇺🇸🇮🇷 President Trump says the Strait of Hormuz blockade will remain in full force until an agreement with Iran is signed.



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🚨TRUMP: THE BLOCKADE REMAINS IN FULL FORCE

President Trump says the blockade will stay in place until an agreement is reached, certified, and signed.

He added that relations with Iran are becoming “more professional and productive.”

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🚨JUST IN: MICHAEL SAYLOR DROPS THE ORANGE TRACKER BUT NO BITCOIN BUY THIS TIME

He says "This week we bought bonds, not bitcoin"

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⚡️ JUST IN: “This week we bought bonds, not Bitcoin. The ₿itVac is charging.” — Michael Saylor

What is Saylor cooking?


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