Pump.fun has permanently burned approximately $370 million worth of PUMP tokens and launched a 50% buyback-and-burn plan.

On Tuesday, April 29, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against the state of Wisconsin, accusing the governor, attorney general and other state officials of attempting to use state law to crack down on a prediction market platform. Wisconsin recently sued platforms including Coinbase, Robinhood, Crypto.com, Polymarket and Kalshi, alleging their sports event contracts amount to a "public nuisance." The CFTC asserts it holds exclusive jurisdiction over prediction markets (event contracts), arguing the state government’s attempt to criminalize federally regulated market activity violates the derivatives market regulatory framework Congress designed. It is seeking a court injunction to declare Wisconsin’s ban is federally preempted with respect to CFTC-regulated platforms.

On April 29, Coinbase announced that Citrea (CTR) will be added to its listing roadmap.

On April 29, the U.S. Department of Justice (DOJ) announced that French national Maximilien de Hoop Cartier has been sentenced to 8 years in prison by the U.S. District Court for the Southern District of New York. Cartier was convicted of operating an unlicensed over-the-counter (OTC) cryptocurrency exchange and aiding in transferring more than $470 million in criminal proceeds—including from drug trafficking—to Colombia and other locations via the U.S. financial system. He was also ordered to forfeit approximately $2.362 million in commissions and assets tied to related shell company accounts. Since 2018, Cartier used over a dozen U.S. shell companies to convert cryptocurrency to fiat currency, lying to banks about running a software development business and forging contracts/invoices to conceal the funds’ illicit origins. Even after law enforcement seized his accounts in 2021, he submitted forged documents to recover some of the funds. In October 2025, Cartier pleaded guilty

On April 29th, former PayPal president and current Lightspark CEO David Marcus announced the launch of a new Bitcoin wallet featuring an AI-powered agent for buying BTC and sending/receiving funds.

April 29 — U.S. District Judge Lewis Kaplan has rejected former FTX CEO Sam Bankman-Fried’s (SBF) request for a new trial, dismissing his purported new evidence as baseless and “highly conspiratorial.” In a Tuesday court order, the judge noted SBF’s claims — that FTX was actually solvent, the U.S. Department of Justice (DOJ) withheld information, and witnesses feared testifying due to government threats — directly contradict the official record. SBF had accused former FTX Digital Markets co-CEO Ryan Salame and ex-Head of Data Science Daniel Chapsky of skipping court out of fear, but the judge emphasized SBF could have subpoenaed or compelled their testimony but took no action. SBF was convicted by a New York jury in November 2023 on seven fraud counts and later sentenced to 25 years in prison. Last week, he voluntarily withdrew his new trial motion, citing an inability to get a “fair hearing” from Judge Kaplan, though his appeal remains pending. The judge also criticized SBF f

April 29th — Decentralized oracle provider RedStone has launched its settlement layer, RedStone Settle, to tackle the liquidity gap facing real-world assets (RWAs) in DeFi lending. Traditional DeFi protocols rely on near-instant settlement for risk management, but redemption periods for tokenized RWAs (like funds or bonds) often stretch 60 to 180 days. This creates a mismatch: a large portion of RWA can’t be effectively used as collateral. RedStone Settle solves this via an on-chain auction mechanism: When a liquidation is triggered, liquidity providers (LPs) can bid instantly for positions to inject immediate liquidity into the protocol, taking on the delayed redemption risk of the underlying asset themselves.