Iranian Parliament Proposes Permanent Ban on US-Related Oil Tankers Passing Through the Strait of Hormuz
April 10 – Market sources report that Ebrahim Azizi, Chair of Iran’s Parliamentary National Security Committee, has proposed a bill to permanently bar U.S.- and Israel-linked oil tankers from transiting the Strait of Hormuz.
Vessels linked to Israel or voyaging to/from Israel will also be barred from passage, and the ban will extend to nations taking measures against the "Resistance Front." (FX168)
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Pacifica’s Multi-Chain Data Continues to Soar, Total Transaction Volume Surpasses $157 Billion
April 10th — Official data from the Pacifica Perpetual Contract Trading Platform shows several key metrics continuing to climb:
Total trading volume has topped $157 billion, open interest has surpassed $74 million, and active users have exceeded 41,000.
Additionally, the platform’s Unified Margin system has officially launched on its testnet, enabling users to use spot assets as collateral for perpetual contracts.
The platform has also partnered with the PacificPod NFT team to launch a trading competition: the top 100 traders will split 200,000 points and receive 25 NFT rewards, with the event running through April 18.
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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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