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On April 10, Jefferies global economist Mohit Kumar noted in a report that the Middle East conflict has resulted in varied impacts for different parties, with the U.S. economy likely facing the least impact from rising oil and gas prices. From a geopolitical perspective, Russia is the winner of this war, while Iran is expected to benefit from the lifting of sanctions. Kumar stated that the main losers are the Gulf countries, which will face a stronger Iran and have already suffered significant economic damage. Asia, reliant on Middle Eastern oil and gas supplies, will incur economic losses; Europe, on the other hand, is losing ground geopolitically, as 'the world clearly no longer cares about Europe's opinions.' (Jin Shi)

[Jefferies: U.S. May Suffer Least Economically from Middle East Conflict, Russia Emerges as Winner]On April 10, Jefferies global economist Mohit Kumar noted in a report that the Middle East conflict has resulted in varied impacts for different parties, with the U.S. economy likely facing the least impact from rising oil and gas prices. From a geopolitical perspective, Russia is the winner of this war, while Iran is expected to benefit from the lifting of sanctions. Kumar stated that the main losers are the Gulf countries, which will face a stronger Iran and have already suffered significant economic damage. Asia, reliant on Middle Eastern oil and gas supplies, will incur economic losses; Europe, on the other hand, is losing ground geopolitically, as 'the world clearly no longer cares about Europe's opinions.' (Jin Shi)

Jefferies: U.S. May Suffer Least Economically from Middle East Conflict, Russia Emerges as Winner

On April 10, according to market news, renowned trader 'Set 10 Major Goals' (@Jason60704294) has provided an update on his latest positions. His BTC short position has not only avoided triggering a stop-loss but has also increased to 2,567.49 BTC, with an average opening price of $71,554.61, currently showing a floating loss of $1.374 million. Meanwhile, his ETH short position stands at 38,465.22 ETH, with an average opening price of $2,248.74, currently showing a floating profit of $2.018 million, resulting in a total floating profit of approximately $644,000.

[Whale Position Update: 'Set 10 Major Goals' Increases BTC Short Position, ETH Short Position Profits $2.01 Million]On April 10, according to market news, renowned trader 'Set 10 Major Goals' (@Jason60704294) has provided an update on his latest positions. His BTC short position has not only avoided triggering a stop-loss but has also increased to 2,567.49 BTC, with an average opening price of $71,554.61, currently showing a floating loss of $1.374 million. Meanwhile, his ETH short position stands at 38,465.22 ETH, with an average opening price of $2,248.74, currently showing a floating profit of $2.018 million, resulting in a total floating profit of approximately $644,000.

Whale Position Update: 'Set 10 Major Goals' Increases BTC Short Position, ETH Short Position Profits $2.01 Million

On April 10, market data showed that Hong Kong stablecoin concept stocks continued to strengthen in the afternoon, with Guotai Junan International (01788.HK) rising over 40%, Lion Rock Holdings (02562.HK) increasing by more than 17%, and Yunfeng Financial (00376.HK) climbing nearly 12%. Both China Everbright Holdings (00165.HK) and Huaxing Capital Holdings (01911.HK) saw gains of over 8%. Previously, it was announced that the Hong Kong Monetary Authority would unveil the first batch of stablecoin licenses at 5 PM on April 10, after which licensed stablecoin issuers will meet with the media.

[Hong Kong Stablecoin Stocks Surge on Positive News, Guotai Junan International Rises Over 40%]On April 10, market data showed that Hong Kong stablecoin concept stocks continued to strengthen in the afternoon, with Guotai Junan International (01788.HK) rising over 40%, Lion Rock Holdings (02562.HK) increasing by more than 17%, and Yunfeng Financial (00376.HK) climbing nearly 12%. Both China Everbright Holdings (00165.HK) and Huaxing Capital Holdings (01911.HK) saw gains of over 8%. Previously, it was announced that the Hong Kong Monetary Authority would unveil the first batch of stablecoin licenses at 5 PM on April 10, after which licensed stablecoin issuers will meet with the media.

Hong Kong Stablecoin Stocks Surge on Positive News, Guotai Junan International Rises Over 40%

On April 10, Solayer founder @Fried_rice posted on social media that large language model (LLM) agents are increasingly relying on third-party API routers to dispatch tool invocation requests to multiple upstream providers. These routers operate as application layer proxies and can access each transmitted JSON payload in plaintext, yet currently, no provider enforces encryption integrity protection between the client and upstream models. The study tested 28 paid routers purchased from Taobao, Xianyu, and independent Shopify sites, as well as 400 free routers collected from public communities. The results revealed that 1 paid router and 8 free routers were actively injecting malicious code, 2 deployed adaptive evasion triggers, 17 interacted with AWS Canary credentials owned by the researchers, and 1 stole ETH from a private key held by the researchers. Further poisoning studies indicated that seemingly harmless routers could also be exploited: a leaked OpenAI key was used to generate 100 million GPT-5.4 tokens and over 7 Codex sessions; while a poorly configured bait produced 2 billion billable tokens, 99 credentials across 440 Codex sessions, and 401 sessions already running in autonomous YOLO mode. The research team developed an experimental proxy named Mine, capable of implementing all four types of attacks on four public proxy frameworks, and validated three client-side defense mechanisms: fault isolation policy gating, response anomaly screening, and append-only transparent logging.

[Solayer Founder Reveals Major Security Risks in LLM Supply Chain: Over 20% of Free Routers Found to Inject Malicious Code]On April 10, Solayer founder @Fried_rice posted on social media that large language model (LLM) agents are increasingly relying on third-party API routers to dispatch tool invocation requests to multiple upstream providers. These routers operate as application layer proxies and can access each transmitted JSON payload in plaintext, yet currently, no provider enforces encryption integrity protection between the client and upstream models. The study tested 28 paid routers purchased from Taobao, Xianyu, and independent Shopify sites, as well as 400 free routers collected from public communities. The results revealed that 1 paid router and 8 free routers were actively injecting malicious code, 2 deployed adaptive evasion triggers, 17 interacted with AWS Canary credentials owned by the researchers, and 1 stole ETH from a private key held by the researchers. Further poisoning studies indicated that seemingly harmless routers could also be exploited: a leaked OpenAI key was used to generate 100 million GPT-5.4 tokens and over 7 Codex sessions; while a poorly configured bait produced 2 billion billable tokens, 99 credentials across 440 Codex sessions, and 401 sessions already running in autonomous YOLO mode. The research team developed an experimental proxy named Mine, capable of implementing all four types of attacks on four public proxy frameworks, and validated three client-side defense mechanisms: fault isolation policy gating, response anomaly screening, and append-only transparent logging.

Solayer Founder Reveals Major Security Risks in LLM Supply Chain: Over 20% of Free Routers Found to Inject Malicious Code

On April 10, GoPlus tweeted that the EngageLab SDK, widely used for Android push notifications, has been found to have a serious security vulnerability affecting over 50 million Android users, of which approximately 30 million are cryptocurrency wallet users. Attackers first install a malicious app disguised as a normal application on the same device, then send malicious intents to legitimate apps that integrate the EngageLab SDK, causing the latter to perform unauthorized actions, including stealing user privacy, cryptocurrency wallet private keys, and login credentials. GoPlus advises developers and app vendors to immediately upgrade the EngageLab SDK to the official patched version 4.5.5 or higher. Users of cryptocurrency wallets and financial apps should promptly update their relevant applications.

[GoPlus: Serious Security Vulnerability Found in EngageLab SDK, Users at Risk of Theft]On April 10, GoPlus tweeted that the EngageLab SDK, widely used for Android push notifications, has been found to have a serious security vulnerability affecting over 50 million Android users, of which approximately 30 million are cryptocurrency wallet users. Attackers first install a malicious app disguised as a normal application on the same device, then send malicious intents to legitimate apps that integrate the EngageLab SDK, causing the latter to perform unauthorized actions, including stealing user privacy, cryptocurrency wallet private keys, and login credentials. GoPlus advises developers and app vendors to immediately upgrade the EngageLab SDK to the official patched version 4.5.5 or higher. Users of cryptocurrency wallets and financial apps should promptly update their relevant applications.

GoPlus: Serious Security Vulnerability Found in EngageLab SDK, Users at Risk of Theft

On April 10, the Hong Kong Monetary Authority (HKMA) will announce the first batch of stablecoin licenses at 5 PM. Following this, licensed stablecoin issuers will meet with the media. Previously, the HKMA completed the final review of the first batch of applications in mid-March 2026, and is now in the official public announcement preparation stage. The HKMA received a total of 36 applications and plans to issue 2 to 3 licenses in the first batch, with strict regulatory standards. In early February this year, HKMA Chief Executive Eddie Yue stated that they aimed to issue the first stablecoin issuer licenses in Hong Kong by March, while emphasizing, 'The number of licenses issued in the first batch will definitely be limited, with a focus on prudence.' (Daily Economic News)

[Hong Kong's First Batch of Stablecoin Licenses to Be Announced This Afternoon]On April 10, the Hong Kong Monetary Authority (HKMA) will announce the first batch of stablecoin licenses at 5 PM. Following this, licensed stablecoin issuers will meet with the media. Previously, the HKMA completed the final review of the first batch of applications in mid-March 2026, and is now in the official public announcement preparation stage. The HKMA received a total of 36 applications and plans to issue 2 to 3 licenses in the first batch, with strict regulatory standards. In early February this year, HKMA Chief Executive Eddie Yue stated that they aimed to issue the first stablecoin issuer licenses in Hong Kong by March, while emphasizing, 'The number of licenses issued in the first batch will definitely be limited, with a focus on prudence.' (Daily Economic News)

Hong Kong's First Batch of Stablecoin Licenses to Be Announced This Afternoon

Bitcoin Fear and Greed Index is 16. Extreme Fear.
Current Price: $72121.25.

[Bitcoin Fear and Greed Index is 16]Bitcoin Fear and Greed Index is 16. Extreme Fear.
Current Price: $72121.25.

Bitcoin Fear and Greed Index is 16

On April 10, Reuters reported that sources indicated Middle Eastern crude oil producers have requested Asian refiners to submit shipping plans for April and May in preparation for the eventual resumption of navigation through the Strait of Hormuz. However, there are currently no signs that Tehran is lifting its near-total blockade of this critical waterway, which has previously led to a sharp rise in energy prices. Two sources stated that Saudi Aramco, the world's largest exporter, has asked customers to submit shipping requests for May shipments from the ports of Yanbu and Ras Tanura. One of the sources mentioned that this will depend on the restoration of exports from the eastern Ras Tanura port, which requires vessels to pass through the Strait of Hormuz.

[Middle Eastern Oil Traders Begin Restoring Shipping Plans for the Strait of Hormuz, Ceasefire Agreement Remains Crucial]On April 10, Reuters reported that sources indicated Middle Eastern crude oil producers have requested Asian refiners to submit shipping plans for April and May in preparation for the eventual resumption of navigation through the Strait of Hormuz. However, there are currently no signs that Tehran is lifting its near-total blockade of this critical waterway, which has previously led to a sharp rise in energy prices. Two sources stated that Saudi Aramco, the world's largest exporter, has asked customers to submit shipping requests for May shipments from the ports of Yanbu and Ras Tanura. One of the sources mentioned that this will depend on the restoration of exports from the eastern Ras Tanura port, which requires vessels to pass through the Strait of Hormuz.

Middle Eastern Oil Traders Begin Restoring Shipping Plans for the Strait of Hormuz, Ceasefire Agreement Remains Crucial

On April 10, 2026, BlockBeats announced the March trading platform rankings. The statistics show that in March 2026, the spot trading volume of mainstream centralized exchanges (CEX) decreased by 21.35% compared to February 2026, while perpetual contract trading volume fell by 6.14%. During the same period, the perpetual contract trading volume of mainstream perpetual decentralized exchanges (Perp DEX) decreased by 9.35%, although website traffic increased by 26.58%. For more details, please refer to the report titled 'March Trading Platform Rankings: Overall Market Shrinks, Spot Trading Volume Rarely Drops Over 20%.'

[BlockBeats Releases March Trading Platform Rankings: Overall Market Shrinks, Spot Trading Volume Rarely Drops Over 20%]On April 10, 2026, BlockBeats announced the March trading platform rankings. The statistics show that in March 2026, the spot trading volume of mainstream centralized exchanges (CEX) decreased by 21.35% compared to February 2026, while perpetual contract trading volume fell by 6.14%. During the same period, the perpetual contract trading volume of mainstream perpetual decentralized exchanges (Perp DEX) decreased by 9.35%, although website traffic increased by 26.58%. For more details, please refer to the report titled 'March Trading Platform Rankings: Overall Market Shrinks, Spot Trading Volume Rarely Drops Over 20%.'

BlockBeats Releases March Trading Platform Rankings: Overall Market Shrinks, Spot Trading Volume Rarely Drops Over 20%

Francine McKenna is a lecturer in financial accounting at The Wharton School at the University of Pennsylvania. She currently produces a newsletter, The Dig, about public and pre-IPO companies.
The first red flag anyone receiving these reports should have seen is that there were two different audit firms producing them. The choice of firms itself is questionable. These are two small outfits, not even on the next tier to the Big Four global audit firms – Deloitte, Ernst &Young, KPMG and PricewaterhouseCoopers. Armanino and Prager Metis do audit a few public companies but none of the size or complexity of FTX. Because the firms are so small, the audit regulator, the Public Company Accounting Oversight Board (PCAOB), inspects them only once every three years.
The second red flag for any reader of the 2021 audit reports is that neither the Armanino nor the Prager Metis audit reports for 2021 provides an opinion on the FTX US or FTX Trading internal controls over accounting and financial reporting.
The third red flag is, despite a combination of enormous siphoning off of firm assets by related parties and favorable tax planning, neither FTX Trading nor FTX US paid any federal income taxes, although they both appeared to be profitable. 
The biggest red flag for preparers and readers of the audited financial statements should have been the number of complex, roundtrip and utterly confounding related-party transactions documented in just these two years.

Detail

【Penn Wharton accountant lists multiple red flags for FTX before collapse】Francine McKenna is a lecturer in financial accounting at The Wharton School at the University of Pennsylvania. She currently produces a newsletter, The Dig, about public and pre-IPO companies.
The first red flag anyone receiving these reports should have seen is that there were two different audit firms producing them. The choice of firms itself is questionable. These are two small outfits, not even on the next tier to the Big Four global audit firms – Deloitte, Ernst &Young, KPMG and PricewaterhouseCoopers. Armanino and Prager Metis do audit a few public companies but none of the size or complexity of FTX. Because the firms are so small, the audit regulator, the Public Company Accounting Oversight Board (PCAOB), inspects them only once every three years.
The second red flag for any reader of the 2021 audit reports is that neither the Armanino nor the Prager Metis audit reports for 2021 provides an opinion on the FTX US or FTX Trading internal controls over accounting and financial reporting.
The third red flag is, despite a combination of enormous siphoning off of firm assets by related parties and favorable tax planning, neither FTX Trading nor FTX US paid any federal income taxes, although they both appeared to be profitable. 
The biggest red flag for preparers and readers of the audited financial statements should have been the number of complex, roundtrip and utterly confounding related-party transactions documented in just these two years.

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Penn Wharton accountant lists multiple red flags for FTX before collapse

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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