CFTC Sues Three States in U.S., Affirming Exclusive Jurisdiction Over Predictive Markets
April 3 — The U.S. Commodity Futures Trading Commission (CFTC) has filed separate lawsuits against Arizona, Connecticut, and Illinois, reaffirming its exclusive jurisdiction over event contracts and prediction markets under the Commodity Exchange Act.
The agency accuses the three states of seeking to prohibit, limit, or regulate registered designated contract markets (DCMs)—including platforms like Kalshi and Polymarket—through other state-level regulatory measures.
The CFTC is asking federal courts to declare the states’ actions invalid and bar them from interfering with prediction market activities that comply with federal rules.
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Tyson Fury will attend the TRUMP Token holder luncheon and deliver a speech
On April 3rd, TRUMP Token officially announced that boxing legend Mike Tyson has been invited to attend an exclusive lakeside mansion luncheon for TRUMP Token holders on April 25th. Tyson will deliver a speech at this exclusive cryptocurrency and business conference.
Earlier reports noted that former President Trump will host a grand luncheon for TRUMP Token holders, with himself and 18 "superstars" in attendance. The top 297 token holders will be eligible to join the April 25th lakeside mansion event, while the top 29 holders will be invited to a special VIP reception and champagne toast—where they will share the stage with President Trump.
As of now, the leaderboard for the TRUMP Token holder luncheon is topped by "Sun," with the second spot held by the Chinese username "Little x."
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Trump's Newly Appointed Attorney General Previously Held BTC, ETH, SOL, and Other Cryptocurrencies
April 3rd (CoinDesk) — After firing Attorney General Pam Bondi, former President Trump appointed Todd Branch—his former personal lawyer and ex-Deputy Attorney General—as acting Attorney General.
Branch previously disbanded the Department of Justice’s National Cryptocurrency Enforcement Team (NCET) during his tenure as Deputy Attorney General and signed a memo telling prosecutors to stop pursuing regulatory violation cases involving the cryptocurrency industry. That memo was cited by the U.S. Attorney’s Office for the Southern District of New York in the case of Tornado Cash developer Roman Storm, resulting in one charge being dismissed.
Notably, Branch held between $159,000 and $485,000 in crypto assets (including BTC, ETH, SOL, ADA) when he signed the enforcement memo—sparking questions about potential violations of ethics rules and his prior pledge to divest such assets before handling crypto-related matters. Recent U.S. government ethics disclosure filings show Branch has tran
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An unknown address is hodling 488,599 HYPE, worth $17.18 million.
April 3rd — Per OnchainLens monitoring, a newly created crypto wallet received 488,599 HYPE tokens from FalconX, with the tokens valued at $17.18 million.
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Coinbase Teams Up with Linux Foundation to Launch the x402 Foundation
April 3rd, Coinbase announced a partnership with the Linux Foundation to launch the x402 Foundation—an initiative focused on governing the x402 Payment Standard through an open governance model.
The standard enables websites and APIs to seamlessly request and accept payments via standard HTTP interactions, creating a native payment layer for the web.
As the protocol’s original creators, Coinbase has contributed the underlying technology to the Linux Foundation to ensure neutral development, with Coinbase and Base retaining founding participant roles.
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Polymarket to Distribute Over $5 Million in Liquidity Rewards for Sports and Esports Markets in April
On April 3rd, Polymarket will distribute over $5 million in liquidity incentives for sports and esports markets throughout April 2026. The reward pool is split into Pre-Match and Live phases for each contest. Rewards are allocated proportionally to all eligible markets within each competition. Football match incentives cover the top five European leagues and other European football competitions, while esports incentives include CS:GO, DOTA 2, League of Legends, and more.
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