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Chainalysis: Paying Ransoms with Cryptocurrency May Lead to Sanctions

2 hours ago

On April 11, Kaitlin Martin—Senior Intelligence Analyst at Chainalysis—noted that shipping companies using cryptocurrency to pay transit fees to Iran may face substantial sanctions risks. Under existing sanctions frameworks, any payments to the Iranian regime, including those tied to transit through key waterways, could be deemed "material support," putting the firms at risk of violating U.S. and international sanctions. Earlier reports indicated Iran could be seeking to collect transit fees via cryptocurrency. Though no official confirmation exists, U.S. President Donald Trump has said he will not tolerate any attempt by Tehran to impose passage fees on vessels transiting this critical waterway.
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U.S. Senior Official: No Threat Received from Iran to Ships

April 11th, per Axios: A senior U.S. official stated there was no threat of an Iranian attack on ships. Earlier, Iranian authorities reported monitoring a U.S. destroyer en route from the UAE’s Fujairah port to the Strait of Hormuz. After tracking its movements closely, Iran’s armed forces immediately notified the Iranian delegation negotiating in Pakistan. The delegation quickly relayed Iran’s position to the U.S. via Pakistani intermediaries and issued a clear warning to the destroyer: if it continued toward the Strait of Hormuz, it would be targeted within 30 minutes—and negotiations would be impacted. In response to Iran’s firm military action and the negotiation team’s timely warning, the U.S. ultimately ordered the destroyer to halt its advance and turn back.

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Israel: 200 Targets Hit in Lebanon in Past 24 Hours

On April 11, the Israel Defense Forces (IDF) said it struck more than 200 targets in Lebanon over the past day. All targeted sites were linked to the Iran-backed terrorist organization Hezbollah. Two videos circulating online show a building exploding in an airstrike—one capturing the scene up close, another from a distance. The IDF did not provide specific details about the clips. Separately, the IDF noted its air force continues to target Hezbollah-associated infrastructure. It is also supporting ground forces in southern Lebanon and striking rocket launchers to "prevent attacks on Israeli civilians."

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This morning, a $4.7 million USD WBTC whale who opened a position liquidated, losing $12,000 USD

On April 11th, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that a whale holding a WBTC long position—with an entry cost of $72,720.78 and a position size of $4.7 million (address: 0x0EA…34a54)—closed out the position 4 hours ago. The whale sold 64.7 WBTC at $72,536 each, incurring a $12,000 loss.

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SkyAI Surges 70% in a Single Day, Joins the Ranks of 'Moonshot' Memecoins

On April 11, SkyAI token—listed on Binance Alpha—surged 70% today, with its current price at $0.121451, per HTX market data. Additionally, Coinglass data shows the total network-wide SKYAI contract position has climbed from 427 million to 537 million over the past 24 hours, signaling a notable contract-driven rally. On Binance, the token’s contract position accounts for 54.39% of the total position. BlockBeats advises users that the token’s price is highly volatile and urges caution when investing.

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Iranian Senior Military Official Denies U.S. Ships Crossing Hormuz Strait

April 11 – Iran’s state TV says a senior Iranian military official has denied reports of any U.S. ship crossing the Strait of Hormuz. (Golden Finance)

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Iran Says US Agreed to Ceasefire in Lebanon

April 11 (local time) — Iran said Wednesday that the U.S. has agreed to unfreeze Iranian assets and a ceasefire in Lebanon. The U.S. has not yet issued any related statements. (CCTV News)

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