Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

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.

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).

TVL on #Tron has been growing over the past month and has now reached $26.64B, with a 30-day increase of 15.6%.

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

April 10th — Per data from blockchain analytics firm LookOnChain, the crypto whale known as "Big Brother Whale" (Huang Licheng) has avoided liquidation for 10 straight days, posted profits in 13 consecutive trades, and netted a weekly gain of $1.14 million.

**Crypto Options Expiry Recap (April 10)** Per Greeks.live data, 27,000 BTC options expired on April 10, with a put/call ratio of 0.71, max pain at $69,000 and a notional value of $1.94 billion. Additionally, 151,000 ETH options expired, featuring a put/call ratio of 0.77, max pain at $2,050 and a notional value of $330 million. Greeks.live analyst Adam noted this week’s market got a boost from the U.S.-Iran ceasefire, pushing Bitcoin above $72,000 to break out of its recent consolidation range. Bitcoin’s options market share continues to top 80%, with the most-held expirations falling at late April and June—trading activity is concentrated on the late-April monthly expiry. Key options metrics show Bitcoin’s front-month expiry implied volatility (IV) has dropped sharply, with most expirations now around 40%. Ethereum’s front-month IV has also fallen to roughly 60%, while skew continues to rise but not by a meaningful margin. Year-to-date, Bitcoin has underperformed in bo