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Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation Contest Blockchain Forum 2026, Moscow Ryan Kirkley: From Oil To Bitcoin, Markets Shift With Strait Of Hormuz News WASHINGTON -- Crypt

Ryan Kirkley: From Oil To Bitcoin, Markets Shift With Strait Of Hormuz News

WASHINGTON -- Cryptocurrency markets surged and oil traders recalibrated after signals that the Strait of Hormuz is reopening, even as military tensions and policy contradictions persist.

While equities have been slower to react, analysts say the divergence reflects how different parts of the global financial system process risk and liquidity.

Ryan Kirkley, CEO of blockchain payments company Global Settlement Network

In an interview with RFE/RL on April 17, Ryan Kirkley, CEO of blockchain payments company Global Settlement Network, explains the worldwide economic importance of the Strait of Hormuz, why markets are moving at varying paces, and why oil prices may already be turning.

RFE/RL: Let's start simple. Why is the Strait of Hormuz so critical to the global market?

Ryan Kirkley: We see roughly 20 percent of all oil and nearly 30 percent of petroleum products flow through the Strait of Hormuz. Even a small disruption breaks global supply chains, from pharmaceuticals to agriculture to jet fuel to the energy that powers grids around the world.

The moment that flow is interrupted, we begin to see countries falter, economies weaken, and entire industries come under rapid stress. Realistically, the Strait of Hormuz touches nearly every part of the global economy.

RFE/RL: One industry that responded quickly to the latest developments is crypto. Why is Bitcoin suddenly part of this conversation?

Kirkley: Bitcoin was always part of this conversation with Iran. What many people don't realize is that Iran accounts for a significant share of global Bitcoin mining.

During the conflict, we saw mining difficulty -- essentially the cost of producing Bitcoin -- drop sharply as energy infrastructure was disrupted. Now, with a cease-fire and some restoration of energy grids, that has rebo

Ryan Kirkley: From Oil To Bitcoin, Markets Shift W

BYDFi Marks 6th Anniversary with Month-Long Celebration, Built for Reliability Over the past six years, BYDFi has expanded into a global crypto trading platform serving more than 1 million users acros

BYDFi Marks 6th Anniversary with Month-Long Celebration, Built for Reliability

Over the past six years, BYDFi has expanded into a global crypto trading platform serving more than 1 million users across 190+ countries and regions. Since launch, BYDFi has continued to broaden product offerings, strengthen user safeguards, and extend access across both centralized and on-chain trading.

Recent milestones have further shaped BYDFi’s growth story:

July 2025: BYDFi expanded its integrated on-chain trading capabilities by supporting tokenized U.S. equities through xStocks, broadening access to on-chain market opportunities.

August 2025: BYDFi entered a multi-year partnership with Newcastle United, becoming the club’s Official Cryptocurrency Exchange Partner and significantly expanding BYDFi’s global brand visibility.

August 2025: BYDFi launched BYDFi Card, extending BYDFi’s ecosystem from trading access into a real-world payment utility.

February 2026: BYDFi launched TradFi trading on Web and App, expanding beyond crypto to offer access to traditional financial assets such as stocks, gold, and silver.

March 2026: BYDFi integrated perpetual futures market data into TradingView, giving traders direct access to real-time BYDFi market data within one of the industry’s most widely used charting environments.


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BYDFi Marks 6th Anniversary with Month-Long Celebr

#More than one million online banking accounts were compromised in 2025 as cybercriminals increasingly relied on infostealers to collect financial credentials.The cybersecurity firm Kaspersky says ove

#More than one million online banking accounts were compromised in 2025 as cybercriminals increasingly relied on infostealers to collect financial credentials.The cybersecurity firm Kaspersky says over one million online banking accounts served by the world’s 100 largest banks fell victim to infostealing malware, with credentials for those accounts being shared on the dark web.“According to Kaspersky Digital Footprint Intelligence (DFI), in 2025 over one million online banking accounts served by the world’s 100 largest banks fell victim to infostealers: credentials for these accounts were being freely shared on the dark web. The countries with the highest median number of compromised accounts per bank were India, Spain, and Brazil.”Kaspersky says attackers are increasingly shifting away from traditional computer-based banking malware and instead using credential theft techniques, including infostealer infections and the distribution of stolen data through underground marketplaces.The company says mobile banking threats also increased, with attacks involving mobile banking malware rising by approximately 1.5 times in 2025 compared to the previous year. Kaspersky also reports that detections of infostealer malware on personal computers grew by 59% globally from 2024 to 2025, contributing to the rise in compromised credentials.The findings are based on analysis conducted by Kaspersky Digital Footprint Intelligence, which tracks compromised credentials and data leaks associated with cybercriminal activity.Generated Image: Midjourney

More than one million online banking accounts were

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!SEC charges Donald Basile in $16M crypto fraud tied to ‘insured’ token The US Securities

SEC charges Donald Basile in $16M crypto fraud tied to ‘insured’ token


The US Securities and Exchange Commission has filed a lawsuit against crypto executive Donald Basile, accusing him and two companies he controlled of raising about $16 million from investors through false claims tied to a so-called “insured” crypto token known as Bitcoin Latinum.

In a complaint filed Friday in the US District Court for the Eastern District of New York, the SEC alleged that Basile ran the scheme between March and December 2021 through Monsoon Blockchain Corp. and GIBF GP Inc., offering investors Simple Agreements for Future Tokens (SAFTs) that promised future delivery of the token, according to a report from The Wall Street Journal.

Regulators said hundreds of investors were told the asset was backed and insured, but the SEC alleged no insurance company ever provided coverage or any proof that these claims were true, per the report.

The case marks one of the few SEC enforcement actions under the Trump administration, which has signaled a more crypto-friendly regulatory stance compared to previous administrations.

Related: Crypto market safe harbor lands at White House for review

Crypto funds spent on luxury

The SEC said Basile repeatedly represented that Bitcoin Latinum was an insured, asset-backed cryptocurrency and that investor funds would help support its underlying value. Instead, the complaint alleges, millions of dollars were diverted to personal spending, including real estate purchases, credit card payments and the acquisition of a $160,000 horse.

The regulator is seeking permanent injunctions, repayment of allegedly ill-gotten gains with interest, civil penalties, and a ban on Basile’s participation in securities offerings, according to the WSJ. It also wants an officer-and-director bar preventing him from leading public companies in the future.

SEC charges Donald Basile in $16M crypto fraud tie

On April 18, Al Jazeera reported that when asked about a possible new round of negotiations with the U.S., Iranian Deputy Foreign Minister Seyed Katibzadeh stated that talks cannot proceed until both 

Iran's Deputy Foreign Minister: Date for Next Round of Talks with U.S. Uncertain Until Agreement is 

Blockchain Forum 2026, MoscowRussia introduces bill to criminalize unregistered crypto services Russia’s government submitted a bill to its parliament’s lower house in an effort to amend the country's

Russia introduces bill to criminalize unregistered crypto services

Russia’s government submitted a bill to its parliament’s lower house in an effort to amend the country's legal code to attach criminal liability for crypto services offered without regulatory approval or licensing.

In a draft law sent to the State Duma on Friday, Russian lawmakers proposed that entities "carrying out activities related to the organization of digital currency circulation,” that operate without a license from Russia’s central bank, could be subject to criminal liability.

Without registration with the Bank of Russia, individuals could face up to $4,000 in fines and up to four years in prison, or more severe penalties if part of an organized group.
The same act committed by an organized group, or involving the infliction of damage or the extraction of income on a particularly large scale, would be punishable by compulsory labor for up to five years or imprisonment for up to seven years,” the bill’s text said.

The bill also proposes a “fine of up to 1 million rubles [$13,100] or an amount equal to the convicted person’s salary or other income for a period of up to five years.”

The draft law followed a package of bills initially proposed in March that included criminal penalties for illegal crypto miners, but the most recent legislation included details on fines and potential prison time for any unregistered digital asset services.

According to Russian media outlet RBC, the country’s Supreme Court said that the crypto bill lacks “reasoned justification” for criminal penalties.

The court said that the measure was “premature” until Russia enacted its “Digital Currency and Digital Rights law,” expected to go into effect in July. If the bill passes it would give Russia’s government more control and oversight over the crypto industry.

Related: At least a dozen crypto entities attacked since Drift Protocol hack

Russian crypto exchange Grinex still reeling

Russia introduces bill to criminalize unregistered

Exodus Movement has announced an expansion of its support for the XRP Ledger (XRPL). The long-time self-custodial crypto wallet provider announced the update in collaboration with Ripple. Exodus is de

Exodus Movement has announced an expansion of its support for the XRP Ledger (XRPL). The long-time self-custodial crypto wallet provider announced the update in collaboration with Ripple. Exodus is deploying a deep native integration of the XRPL ecosystem, giving its millions of users direct access to advanced tools and newly added stablecoin support. The rollout equips users with enhanced in-wallet tools to send and manage XRP directly inside Exodus, while also paving the way for upcoming support of the Ripple USD (RLUSD) stablecoin through its partnership with Ripple, per a Thursday press release. Users now gain greater flexibility to store, send, and swap dollar-pegged value on the XRPL- all while retaining full control of their private keys and avoiding reliance on centralized exchanges. "Expanding XRPL support means more ways to use XRP without sacrificing self-custody or the simplicity of the Exodus experience," Exodus CEO JP Richardson postulated in a statement. "XRP is already a top asset in our wallet, and partnering with Ripple is a natural next step in making it easier to use every day." RLUSD is a highly-regulated, enterprise-focused U.S. dollar-pegged stablecoin designed with transparency and real-world utility in mind. Since going live in late 2024, its market capitalization has soared to around $1.48 billion, according to CoinMarketCap data. Stablecoin Product Lead at Ripple, Lauren Berta, said that open financial systems should empower users with greater control, adding that RLUSD enhances flexibility in how value is stored and moved.Exodus has long offered support for XRP storage and transactions, during which the payments-focused token has organically become one of the platform's most prominent assets. According to the Exodus team, 

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Exodus Movement has announced an expansion of its

Bitcoin Up 2 Weeks: Beginning or End?Bitcoin Up 2 Weeks: Beginning or End?Daily $5000U Airdrop Rain: Claim Yours Now! Data: BTC Falls Below $77,000 Amid Market Pressure Bitcoin dropped below $77,000 a

Data: BTC Falls Below $77,000 Amid Market Pressure

Bitcoin dropped below $77,000 as broad risk-off sentiment gripped crypto markets, with the largest cryptocurrency by market cap hitting an intraday low of $76,624 before partially recovering. The move pushed the Fear and Greed Index into Extreme Fear territory and raised questions about whether key support levels can hold.

Data: BTC Falls Below $77,000 Amid Market Pressure

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We have been cooking a TON of SDK upgrades recently Here is a rundown of all the changes we've made since March: 1. Features & Improvements (20+ updates!) • Deposit Zap-in: Now you can deposit any tok

Android Flaw Leaves 30 Million Crypto Wallets Open To Attack: Microsoft Analysts

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Bitcoin Millionaires Are Disappearing By The Thousands, And The Figures Are Shocking

Valuation of $852 Billion, CEO Holds Zero Shares, Shareholders in a Power Struggle: Who Controls OpenAI?

How to Protect Your Digital Assets? A 15-Step Checklist from an OpenAI Co-founder

Norman Chan: Steadily Developing Hong Kong's Compliant Stablecoin Ecosystem

US Stablecoins Welcome New Regulations: Interpreting the FDIC Draft, How Bank-Issued Stablecoins Should Operate According to the Rules

Anthropic's 'Cry' Sparks Wall Street Panic! 27-Year-Old, Mythos Instantly Defeated by 8 AIs

From Failing to Start a Hedge Fund Before the Financial Crisis to Managing Trillions in Assets: BlackRock's Global Fixed Income CIO Shares Investment Philosophy

Crypto Market Structure Bill Enters Crucial Stage, Coinbase CEO Says “It’s Time”

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SOL broke through 90  USDT

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