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Coinbase has announced it will list perpetual futures contracts for semiconductor stocks, including Intel (INTC), Micron (MU), and SanDisk (SNDK). Trading is scheduled to begin today, April 29, provided liquidity conditions are met.

Solana-based memecoin issuance platform Pump.fun (PUMP) has announced a change to its strategy, reducing the portion of net protocol revenue allocated to PUMP token buybacks from 100% to 50%. The platform stated that over the past nine months, it has bought back and burned approximately $370 million worth of PUMP, which accounts for 36% of the token's circulating supply. For the next year, 50% of protocol revenue will be directed to an automated buyback and burn program based on smart contracts. The remaining 50% will be used for company operations, including product development, hiring, marketing, and potential mergers and acquisitions.

Cryptocurrency payment network MoonPay has acquired crypto security startup Sodot in an all-stock deal worth approximately $100 million, Unfolded reported.

Latin American digital wallet Belo has raised $14 million in a Series A funding round, CoinDesk reported. The round was led by stablecoin issuer Tether (USDT), with participation from Titan Fund, The Venture City, Mindset Ventures, and G2. Belo plans to use the funds to expand its operations into Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay.

BlockBeats reported, citing data from DeFiLlama, that as of April 18, 12 cryptocurrency security incidents this month have resulted in total losses exceeding $606 million. This figure is 3.7 times the total amount lost to security breaches in the entire first quarter. According to the report, this makes April 2026 the worst month for such losses since February 2025. BlockBeats added that even excluding large-scale hacks like those targeting Drift Protocol and KelpDAO, a series of security incidents at smaller protocols is eroding trust in the DeFi industry.

OKX announced it will list RLUSD, the stablecoin from Ripple (XRP), for spot trading at 11:00 a.m. UTC today.

Aftermath Finance, a decentralized exchange (DEX) built on the Sui (SUI) network, has temporarily suspended operations after identifying an exploit, the project announced on its official X account. The team said it is actively investigating the issue with its main security partners and that the suspension is a precautionary measure. It added that all measures are being taken to minimize the potential impact on user funds and clarified that the exploit was isolated to its perpetual futures (PERP) section.

Mezo, a Bitcoin-based DeFi platform, has launched 'Enclave,' a vault product for institutional investors to earn yield on their Bitcoin (BTC) deposits, CoinDesk reported. The product is designed to generate returns using Bitcoin held in custody at Anchorage Digital Bank.

Vanguard Group's Total Stock Market Index Fund, which manages $10 trillion in assets, has purchased additional shares of Strive (ASST), a Bitcoin accumulation company (DAT), The Block Beats reported. The fund acquired another 276,200 shares, bringing its total holdings to 1.72 million shares, valued at approximately $25.2 million.

The Hong Kong Monetary Authority (HKMA) has issued a warning about fake stablecoins circulating before any official launch, CoinDesk reported. The HKMA stated that tokens using the tickers "HKDAP" and "HSBC" are being traded but are not affiliated with any licensed issuers. The authority clarified that to date, no licensed operators have issued regulated stablecoins. This follows Hong Kong's issuance of its first licenses under a stablecoin law enacted in August 2025. A consortium led by HSBC and Standard Chartered was among the 36 applicants selected.

The cryptocurrency market remains in a typical bear cycle, and it is too early to discuss a shift to a bull phase, according to on-chain analyst Crypto Dan. He pointed to negative funding rates in the futures market as evidence of bearish sentiment. The analyst explained that a transition to a bull cycle would require a strong rebound from current levels without another major correction, a development for which he sees no current signs. He added that the 2022 bear market bottom was followed by a significant shock before the cycle turned bullish. While the market is clearly in an undervalued zone based on its cycle, Dan concluded that there are not enough signals to confirm the start of an upward trend.

The market for tokenized funds that pay interest on stablecoin holdings has grown to approximately $32.7 billion, accounting for about 10% of the total stablecoin market, according to Unfolded, citing data from Token Terminal. Unfolded noted that stablecoins are transitioning from a mere tool for trading cryptocurrencies into genuine interest-bearing dollar assets. The firm added that if these funds expand in a manner similar to money market funds in traditional finance, stablecoins could evolve from digital cash into a primary revenue engine.

Blockchain gaming project Ronin (RON) will migrate to become an Ethereum Layer 2 on May 12. The project announced on its official X account that while it launched in 2021 as an independent sidechain to meet the high-speed network demands of Axie Infinity (AXS), the decision to migrate was driven by the maturation of the Ethereum Layer 2 ecosystem. Ronin noted that the OP Stack has advanced to a level capable of handling millions of transactions per day.

Widespread optimism on social media platforms that Bitcoin will soon recover to $90,000 should be treated as a potential contrarian indicator, CoinDesk reported, citing data from on-chain and social analytics firm Santiment. Santiment explained that a surge in bullish sentiment on social media can often act as a reverse signal before an asset's price declines. The firm noted that among thousands of posts on crypto-related social media platforms like X, Reddit, and Telegram last week, predictions of BTC recovering to $90,000 were overwhelmingly dominant. At the same time, posts suggesting a potential price drop are being dismissed as FUD (fear, uncertainty, and doubt). Santiment concluded that the current social media optimism is a signal to be cautious and prudent.

An analysis suggests that short-term selling pressure is on the rise amid a sharp increase in Bitcoin deposits to major centralized exchanges (CEX). In a contribution to CryptoQuant, analyst Woo Min-gyu noted that a net 9,905 BTC flowed into CEXs on April 27 alone, the largest single-day inflow in the past 30 days. He highlighted that the CEX Whale Ratio, an indicator of large-scale investor activity, climbed to 0.707, its highest level in a week. This signifies that the top 10 deposit transactions accounted for over 70% of the total inflow volume, suggesting that whales are moving BTC to exchanges in preparation to sell. Woo added that the growing exchange reserves are a bearish signal. If this supply is not quickly absorbed by buying pressure, he warned, BTC could retest the $74,000 to $75,000 support zone in the short term.

Alex Mashinsky, CEO of the bankrupt crypto lender Celsius Network, has reached a settlement with the U.S. Federal Trade Commission (FTC) to pay a $10 million fine, Cointelegraph reported. As part of the ruling, the Southern District Court of New York has permanently banned Mashinsky from advertising or promoting services related to asset deposits, trading, investments, or withdrawals. The settlement is linked to a 2023 judgment for $4.72 billion in restitution. By paying the $10 million to the FTC, Mashinsky can suspend the enforcement of the remaining amount. Mashinsky was previously indicted in July 2023 by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Department of Justice (DOJ) on charges of market manipulation. He was sentenced to 12 years in prison last May.

Simon Dedic, founder of crypto and blockchain venture capital firm Moonrock Capital, has argued that President Donald Trump's meme coin is the biggest obstacle to establishing a clear regulatory framework for cryptocurrencies. In a post on X, Dedic claimed that the TRUMP meme coin is delaying the passage of the Clarity Act through Congress. He explained that Democrats are leveraging the issue to demand the insertion of ethics clauses, which could stall or kill the bill entirely. Dedic accused the crypto-friendly president of being too focused on lining his own pockets, thereby ruining the very legislation the industry most needs. He also criticized the crypto industry for failing to address this inconvenient truth, noting that its members are instead attending dinners for TRUMP coin holders and flattering the president. Dedic emphasized that nothing will change as long as no one speaks out.

South Korean crypto exchange Bithumb announced it will remove Solv Protocol (SOLV) from its delisting watchlist. The exchange determined that the issues leading to the designation have been resolved, in accordance with monitoring standards set by the member companies of the Digital Asset eXchange Alliance (DAXA).

According to data from Coinglass, $835.65 million in long positions on major centralized exchanges face liquidation if BTC falls below $75,336. Conversely, a move above $78,022 would liquidate $480.61 million in short positions.

A U.S. court has sentenced Maximilien de Hoop Cartier, a descendant of the luxury jewelry brand Cartier, to eight years in prison for laundering drug proceeds through an unlicensed over-the-counter (OTC) crypto exchange, The Block reported. He pleaded guilty to two charges—operating an unlicensed money transmitting business and conspiracy to commit bank fraud—for transferring more than $470 million in drug proceeds from U.S. bank accounts to Colombia. In addition to the prison sentence, the court ordered the forfeiture of approximately $2.36 million and the seizure of specific accounts held by shell companies.

Bybit has announced that it will list MegaETH (MEGA).

Bitcoin spot trading volume has fallen to levels last seen in September 2023, signaling a significant decline in market interest, according to on-chain analyst Darkfost. He noted that volume on Binance, the leading exchange, has dropped by approximately $25 billion since March, while Gate.io and OKX have seen decreases of around $13 billion and $6 billion, respectively. Darkfost explained that as macroeconomic uncertainty affects market sentiment, investors are hesitating to make spot purchases. While the decline in volume is a negative short-term signal, he added, new opportunities often emerge when market interest wanes.

Binance Alpha has announced the listing of Gensyn (AIGENSYN). The project had previously scheduled its token generation event (TGE) for today, April 29.

Market manipulation schemes, once primarily associated with the stock market, are now being uncovered in the virtual asset sector by South Korean financial authorities, Yonhap Infomax reported. South Korea’s Financial Services Commission announced at its eighth regular meeting on April 29 that it has decided to refer suspects in two cases of virtual asset market manipulation to investigative agencies. The methods involved a mix of traditional "Pump and Dump" schemes from the stock market and the exploitation of APIs, a technique specific to the virtual asset market.

UBS CEO Sergio Ermotti has warned that financial markets are at risk of being overly optimistic about the conflict with Iran. He said that markets not only expect the situation to be resolved but also believe its impact will be managed in a traditional manner. This comes as U.S. stock markets have reached all-time highs, despite the conflict's continued escalation and the lack of any signs of a sustainable solution. Ermotti stated that while the market is quite optimistic, he hopes this optimism proves to be justified, emphasizing that a diversified asset allocation can hedge against the risk of a potential reversal. Separately, he addressed a new capital regulation system under review by the Swiss parliament, refuting claims that UBS is lobbying aggressively for deregulation. He clarified that the bank is not engaged in strong lobbying but is simply representing the interests of its shareholders.