The Japanese Cabinet has approved a bill to categorize cryptocurrency as a financial product
**April 10th (Nikkei News) — The Japanese government greenlit a proposed amendment to the Financial Instruments and Exchange Act at a Cabinet meeting on Thursday. For the first time, the bill classifies cryptocurrency as a financial asset, banning insider trading using undisclosed information. It also requires crypto issuers to file annual disclosures to foster a healthy market. If passed in the current Diet session, the amendment could take effect as early as fiscal 2027.**
**Previously, Japan’s Financial Services Agency (FSA) regulated crypto under the Payment Services Act, treating it as a “means of payment.” But growing use of crypto as an investment tool has pushed it into the Financial Instruments and Exchange Act’s regulatory scope. Registered entities will also see a name change: from “cryptocurrency exchange operators” to “cryptocurrency trading operators.”**
**Penalties are being toughened too: unregistered entities operating crypto sales face a maximum 10-year prison t
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A new address has deposited 5 million USDC into Hyperliquid and has purchased 59,239 HYPE.
On April 10, per LookOnChain monitoring, a newly created wallet deposited 5 million USDC into Hyperliquid (https://app.hyperliquid.xyz/join/NTOD) to purchase HYPE, and has so far acquired 59,239 HYPE—valued at roughly $2.39 million.
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Binance: Alpha Blind Box Airdrop Claimable Today at 5:00 PM, Point Threshold 240
Per official sources, Binance Wallet announced on April 10 that its Binance Alpha airdrop goes live today at 5:00 PM UTC+8.
The event uses an upgraded Binance Alpha blind box system, with the airdrop pool featuring tokens from multiple projects. Users need at least 240 Binance Alpha Points to claim a reward on a first-come, first-served basis.
Additionally, the airdrop includes three reward tiers: Common (60% of the pool), Rare (35%), and Ultra Rare (5%).
Each tier comes with a blind box of varying value. Users will be randomly assigned a tier upon claiming and receive a reward matching that tier’s worth. If rewards aren’t fully claimed, the points threshold will drop by 5 points automatically every 5 minutes.
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JPMorgan: US Seen as Least Economically Damaged in Middle East Conflict, Russia the Winner
April 10 — Jefferies Global Economist Mohit Kumar noted in a report that the Middle East conflict has yielded varied outcomes for all involved, with the U.S. economy likely facing the least impact from rising oil and gas prices. Geopolitically, Russia is the conflict’s winner, while Iran is expected to leverage the situation to ease sanctions.
The primary losers, Kumar said, are Gulf states—they will confront a more powerful Iran and have already sustained severe economic damage. Asia, which relies on Middle East oil and gas supplies, has incurred economic losses. Europe, meanwhile, has suffered a geopolitical setback because “the world apparently is no longer attentive to Europe’s views” (per FX678).
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Solayer Founder Reveals LLM Supply Chain Major Security Flaw: Over 20% Free Routes Exposed to Malicious Injection
On April 10, Solayer founder @Fried_rice took to social media to note that Large Language Model (LLM) agents are increasingly relying on third-party API routers—tools that route tool invocation requests to multiple upstream providers. These routers act as application-layer proxies, capable of accessing every payload in plaintext during transit. Critically, no provider currently enforces end-to-end encryption and integrity protection between clients and upstream models.
A research paper tested 28 paid routers (purchased from Taobao, Xianyu, and Shopify standalone shops) and 400 free routers (collected from public communities). Key findings:
- 1 paid router and 8 free routers actively inject malicious code;
- 2 deploy adaptive evasion triggers;
- 17 accessed AWS Canary credentials belonging to researchers;
- 1 stole ETH from a researcher-held private key.
Two poisoning studies further highlight risks from seemingly benign routers:
- A leaked OpenAI key generated 1 billion G
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