Latest Crypto News & Market Updates

Pump.fun Burns $370M in PUMP, Launches New Buyback Plan

Tech　　Pump.fun Burns $370M in PUMP, Launches New Buyback Plan　　The Solana-based platform also launched a new one-year buyback-and-burn program that will use 50% of future net revenue to purchase and permanently burn PUMP tokens through a locked smart contract. The remaining 50% of revenue will be used for business expansion.　　Pump.fun Burns 36% of PUMP Supply　　, the Solana-based meme coin launchpad, a major shift in its token strategy by burning all previously bought-back PUMP tokens and introducing a new long-term buyback-and-burn program.　　According to the company, the tokens destroyed were worth approximately $370 million and represented around 36% of PUMPs circulating supply. The move was presented as a direct response to from the community about transparency, trust, and the long-term future of the project.　　Pump.fun acknowledged that many users questioned the platforms longevity, whether buybacks would continue, and how repurchased tokens would eventually be used. By permanently burning all of the accumulated tokens, the company said it wanted to remove uncertainty and clearly prove a stronger commitment to token holders.　　tokens reduces supply permanently, which can create scarcity and potentially support value over time.　　Alongside this one-time burn, Pump.fun also launched a new automated buyback-and-burn system that will run for one year. Under the new plan,

04-29Industry

CoinMarketCap and LitVM Push Litecoin Beyond Payments into DeFi

CoinMarketCap (CMC), the worlds most-referenced, real-time cryptocurrency price-tracking website and data aggregator in the blockchain industry, has announced its landmark collaboration with LitVM (Litecoin Virtual Machine), the first fully trustless, Ethereum Virtual Machine (EVM) – compatible Zero-knowledge (ZK) rollup layer-2 network built on Litecoin. The purpose is to bring smart contracts, decentralized finance (DeFi), and Web3 functionality.　　LitVM is purposefully made on a battle-tested modular stack consisting of Arbitrum Orbit, Espresso‘s decentralized sequencing, Succinct’s SP1 zkVM for zero-knowledge validity proofs, and BitcoinOS Grail Bridge for trustless LTC connecting. This means that every single transaction on the network is completely handled by hard money, not a speculative token. CoinMarketCap has released this news through its official social media X account.　　CoinMarketCap and LitVM Advance Litecoins Journey Toward Web3 Programmability　　LitVM has a satisfactory experience of more than 14 years in terms of security and decentralization as its foundation. LitVM is able to bring Web3 programmability to a worldwide community of millions of LTC holders. LitVM has good support from the creator of Litecoin, Charlie Lee. This endorsement underscores LitVMs acceptance as a productive Web3 expansion for the Litecoin ecosystem.　　Rush, CEO of CoinMarketCap, expressed his thoughts. He said, “We are supportive of LitVM joining the

04-29Industry

Hesder Yeshiva students mobilize for defense amid Hezbollah tensions

Tech　　Hesder Yeshiva students mobilize for defense amid Hezbollah tensions　　Hesder Yeshiva students have mobilized for defense in Kiryat Shmona, reinforcing local forces amid ongoing tensions with Hezbollah. The Israel x Hezbollah ceasefire extension by April 26, 2026, market sits at 99.8¢ YES, down slightly from 100% yesterday.　　Market reaction　　The April 26 sub-market has 362 days remaining and trades at $3,109,612 in actual USDC daily volume. Moving the price by 5 points would require $1,625,475 in capital. The largest recent move was a 50-point drop, so sharp volatility has happened before even at these elevated levels.　　Why it matters　　Hesder Yeshiva students split their time between Torah study and military service, and many have combat experience from recent operations. Their mobilization in Kiryat Shmona suggests residents expect possible escalation regardless of the ceasefire. The slight dip from 100% to 99.8% is small in absolute terms, but at these price levels any movement away from certainty is worth noting.　　What to watch　　Buying YES shares at 99.8¢ offers almost no upside unless youre parking capital. The trade worth watching is on the NO side: any major Israeli or Hezbollah military action, statements from Netanyahu, or unexpected cross-border incidents could create a sharp repricing. Diplomatic channel updates are the

04-29Industry

ASTEROID Whales Pivot to New Memecoins but Lose All of Their Money

Tech　　ASTEROID Whales Pivot to New Memecoins but Lose All of Their Money　　In a matter of hours, one of the most aggressive traders in the Solana memecoin ecosystem turned a very lucrative run into a complete wipeout.　　Taking a huge loss　　Previously a top whale in ASTEROID, the address that ends with MBYiv lost everything after exiting a winning position and rotating into another high-risk token. The wallet contained 52.8 million ASTEROID tokens at its height of visibility. The position closed about five hours ago at $0.00306 after being built early with an average entry of about $0.00148. The realized profit from that trade alone was about $83,700, which more than doubled the initial investment.　　Source: ai_9684 on X　　But that entire gain was negated by what came next. The same wallet actively rotated into the memecoin SCAM shortly after closing the ASTEROID position, committing $135,000 at an average entry price of $0.00856. It was the worst possible timing. The action was almost exactly in line with the waning hype cycle associated with Elon Musks social media activity, which had previously encouraged speculative inflows of funds into the token.　　ASTEROID Whales Pivot to New Memecoins but Lose All of Their Money　　Ripple CEO on XRP: ‘Lock In’　　Liquidity

04-29Industry

Equities: Tech-led pullback as AI concerns resurface – Danske Bank

Tech　　Equities: Tech-led pullback as AI concerns resurface – Danske Bank　　Danske Research Team notes that global equities slipped, led by technology, even as the CBOE Volatility Index (VIX) declined, suggesting the move was not driven by macro data. They attribute the sector rotation to renewed concerns about AI (Artificial intelligence) monetisation after OpenAIs revenue warning, while stressing that differing signals from other AI firms argue against extrapolating a broad demand slowdown.　　AI monetisation worries hit tech　　“Equities moved lower yesterday, with most regions in the red and the sector rotation tilting more defensive. What is worth noting, however, is that tech led the decline while the VIX actually fell. In other words, this was not primarily a classic negative macro-data sell-off. ”　　“It was at least as much about renewed concerns around the AI space, triggered by OpenAI warning on revenue developments.”　　“That naturally brought one of the key underlying concerns in the AI narrative back to the surface: monetisation. But investors should be careful not to extrapolate too aggressively. What we have heard from OpenAI does not match what we have heard from Anthropic.”　　“Put differently, this may be less a story about broad-based AI demand disappointment and more about a meaningful shift in users

04-29Industry

Polymarket Pushes for CFTC Green Light to Resume U.S. Operations Following 2022 Ban

According to Bloomberg sources with knowledge of the situation, these discussions represent Polymarkets effort to reconnect American traders with its flagship offshore, blockchain-powered exchange.　　The trading prohibition originated from regulatory enforcement in 2022. The CFTC brought charges against Polymarket, operating at the time as Blockratize Inc., for providing unregistered event-based contracts to American participants without securing necessary regulatory permissions. The resolution included a $1.4 million civil monetary penalty and a commitment to exclude U.S.-based traders from the service.　　Prediction market platforms enable participants to trade contracts linked to upcoming events including political outcomes, athletic competitions, and economic indicators. These platforms have gained substantial attention while simultaneously facing examination from state authorities who contend they function as unregulated wagering operations.　　Following the 2022 resolution, Polymarket continued pursuing domestic market entry. In July 2025, the organization purchased QCX LLC, a federally registered derivatives marketplace and clearinghouse, in a transaction valued near $112 million.　　QCX underwent rebranding as Polymarket US. This acquisition provided American participants with a regulatory-compliant pathway to the platform via authorized brokerage firms. The CFTC granted a modified directive in late 2025 permitting restricted access for domestic users.　　A Domestic Platform That Has Not Matched the Main Exchange　　Polymarket introduced a preliminary domestic version concentrating on

04-29Industry

Google Pentagon Agreement: xAI and XAI Impact

Tech　　Google Pentagon Agreement: xAI and XAI Impact　　Googles xAI-Like Agreement with the Pentagon　　Google has signed an agreement to provide AI models for use in the Pentagon‘s secret military operations. According to The Information, this contract allows the Department of Defense to evaluate Google’s technologies for “any lawful government purpose.” The language of the agreement resembles the similar contracts the Pentagon signed last month with xAI, the developer of XAI detailed analysis, and OpenAI. A company spokesperson stated that they are proud to partner with leading AI labs and cloud providers for national security. However, Google emphasized that it continues to uphold the public and private sector consensus that its technologies will not be used for mass surveillance for internal security or autonomous weapons without human oversight.　　Employee Reactions and the Pentagons xAI Strategy　　Prior to the agreement, hundreds of Google employees sent an open letter to CEO Sundar Pichai demanding that the company not provide its AI systems to the Pentagon. The letter argued that technology should benefit humanity, otherwise it could lead to unethical uses such as lethal autonomous weapons or mass surveillance. The Pentagon has been accelerating deals with major AI companies since January; Defense Secretary Pete Hegseth described the rollout

04-29Industry

Pump.fun Burns $370M in PUMP, Launches New Buyback Plan

Tech　　Pump.fun Burns $370M in PUMP, Launches New Buyback Plan　　The Solana-based platform also launched a new one-year buyback-and-burn program that will use 50% of future net revenue to purchase and permanently burn PUMP tokens through a locked smart contract. The remaining 50% of revenue will be used for business expansion.　　Pump.fun Burns 36% of PUMP Supply　　, the Solana-based meme coin launchpad, a major shift in its token strategy by burning all previously bought-back PUMP tokens and introducing a new long-term buyback-and-burn program.　　According to the company, the tokens destroyed were worth approximately $370 million and represented around 36% of PUMPs circulating supply. The move was presented as a direct response to from the community about transparency, trust, and the long-term future of the project.　　Pump.fun acknowledged that many users questioned the platforms longevity, whether buybacks would continue, and how repurchased tokens would eventually be used. By permanently burning all of the accumulated tokens, the company said it wanted to remove uncertainty and clearly prove a stronger commitment to token holders.　　tokens reduces supply permanently, which can create scarcity and potentially support value over time.　　Alongside this one-time burn, Pump.fun also launched a new automated buyback-and-burn system that will run for one year. Under the new plan,

04-29Industry

CoinMarketCap and LitVM Push Litecoin Beyond Payments into DeFi

CoinMarketCap (CMC), the worlds most-referenced, real-time cryptocurrency price-tracking website and data aggregator in the blockchain industry, has announced its landmark collaboration with LitVM (Litecoin Virtual Machine), the first fully trustless, Ethereum Virtual Machine (EVM) – compatible Zero-knowledge (ZK) rollup layer-2 network built on Litecoin. The purpose is to bring smart contracts, decentralized finance (DeFi), and Web3 functionality.　　LitVM is purposefully made on a battle-tested modular stack consisting of Arbitrum Orbit, Espresso‘s decentralized sequencing, Succinct’s SP1 zkVM for zero-knowledge validity proofs, and BitcoinOS Grail Bridge for trustless LTC connecting. This means that every single transaction on the network is completely handled by hard money, not a speculative token. CoinMarketCap has released this news through its official social media X account.　　CoinMarketCap and LitVM Advance Litecoins Journey Toward Web3 Programmability　　LitVM has a satisfactory experience of more than 14 years in terms of security and decentralization as its foundation. LitVM is able to bring Web3 programmability to a worldwide community of millions of LTC holders. LitVM has good support from the creator of Litecoin, Charlie Lee. This endorsement underscores LitVMs acceptance as a productive Web3 expansion for the Litecoin ecosystem.　　Rush, CEO of CoinMarketCap, expressed his thoughts. He said, “We are supportive of LitVM joining the

04-29Industry

Tether launches Bitcoin faucet inside self-custody wallet using Lightning payouts

Tether has introduced a Bitcoin faucet inside its self-custody wallet, offering small BTC payouts through the Lightning Network to bring new users into its ecosystem.Tether has launched a Bitcoin faucet within its self-custody wallet, distributing small BTC amounts through the Lightning Network.Users must link their tether.me usernames and interact with official posts to receive instant payouts.　　According to Paolo Ardoino, who announced the feature at Bitcoin 2026 in Lugano, the faucet forms part of the newly launched tether.wallet application, where users can claim Bitcoin by interacting with the firms official social channels and linking their tether.me usernames.　　A verified response tagged with @btc triggers an instant Lightning Network transfer to the users wallet, delivering funds without on-chain delays.　　Lightning payouts positioned as entry point　　Using the Lightning Network for distribution, Tether has tied the faucet directly to low-cost, near-instant transactions, allowing users to test Bitcoin transfers without handling traditional network fees or wait times.　　The company has framed this approach as a practical introduction for users already familiar with stablecoin transactions but new to Bitcoins scaling layers.　　Details shared at the event indicate that the faucet also highlights the wallets use of human-readable identifiers, where funds are sent to usernames instead of long wallet addresses, reducing

04-29Industry