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Pump.fun ditches its use all revenue to burn tokens policy as model fails to support price

Co-founder Alon Cohen explained the change in a follow-up post on X, arguing the business needs the other half of revenue for product investment, hiring, marketing, and potential acquisitions, to keep Pump.fun alive for “decades to come.”　　Part of the reason the move was necessary is the price chart.　　PUMP has spent most of 2026 trading sideways below its launch valuation despite using 100% of revenue for token buybacks for nine months and generating over $1 billion in lifetime revenue.　　“Despite being one of the biggest revenue generating platforms in crypto and allocating 100% of revenue to buybacks, we believe there was a lack of trust in the longevity of the business, the certainty of buybacks, and what the bought-back tokens would be used for,” the team said on X.　　today is a turning point for $PUMP and pump fun　　I want to give more context on the bigger picture and where were actually going.　　over the past ~9 months, 100% of revenue went into buybacks. basically no other platform in crypto has done that at this scale.　　however, we… https://t.co/3WTAHH1fUX　　— alon (@a1lon9) April 28, 2026　　There is a bear case, however. Memecoin launchpad volume is cyclical and mean-reverting. Pump.funs gross protocol revenue totaled $971.37 million in 2025

04-29

5 Small Business Grants For AAPI Business Owners And Entrepreneurs

getty　　Asian American and Pacific Islander entrepreneurs are a growing force in the U.S. small business economy, building companies across industries from retail to technology. Yet access to capital remains a challenge, particularly for founders navigating limited networks, language barriers and uneven access to traditional financing.　　Grant funding is an important pathway for entrepreneurs looking to start or grow their businesses. While relatively few programs are exclusively designed for AAPI-owned businesses, a growing number of organizations and platforms offer opportunities that AAPI entrepreneurs can access.　　Grant Opportunities For Asian And AAPI-Owned Businesses　　While there are a limited number of grants specifically designated for AAPI entrepreneurs, a mix of AAPI-centered organizations and broader funding platforms offer recurring opportunities.　　1. National Ace　　National ACE works with corporate and philanthropic partners to provide funding opportunities, technical assistance and business support.　　Many of National ACEs grant opportunities are offered through partnerships and tend to be national in scope, though some may be targeted to specific industries or communities. Funding amounts vary depending on the partner and program, often falling in the thousands to tens of thousands of dollars. Because these opportunities are typically launched as part of specific initiatives, they are best tracked by staying connected to the organization.　　2. Asian Women

04-29

Galaxy Posts $216 Million Q1 2026 Net Loss Amid Crypto Market Pressure

Galaxy Digital reported a softer start to 2026 on Tuesday, saying first-quarter net loss came in at $216 million, or $0.49 per diluted and adjusted share, as weaker digital asset prices weighed on results across the business. The company also posted an adjusted gross loss of $88 million and adjusted EBITDA loss of $188 million for the three months ended March 31, 2026.　　Even so, Galaxy said it ended the quarter with $2.8 billion in total equity and $2.6 billion in cash and stablecoin holdings, showing that the balance sheet remained sizable despite the rougher market backdrop.　　The New York-based firm said the quarter was hit primarily by the depreciation of digital asset prices, but the underlying business mix continued to evolve. Galaxy noted that recurring fee revenue and transaction income continued to scale in its digital assets unit, helping adjusted gross profit remain broadly stable even as broader market activity softened.　　In the release, the company said digital assets generated adjusted gross profit of $49 million and adjusted EBITDA loss of $19 million, a result that shows the core trading and services business remained profitable on a gross basis but still came under pressure at the operating level.　　A closer look at the

04-29

Bitcoin Scammer Inos Sentenced to 71 Months in Prison

Bitcoin　　Bitcoin Scammer Inos Sentenced to 71 Months in Prison　　Saipan resident Sze Man Yu Inos was sentenced to 71 months in prison for fraud after deceiving elderly women with Bitcoin investment promises. The federal court determined that the 30-year-old defendant robbed her elderly victims through wire fraud. Inos was ordered to pay 769.355,67 dollars in restitution to her victims and forfeit 684.848,34 dollars in assets. She expanded her crimes from the Mariana Islands to the U.S. mainland. Prosecutors increased the sentences severity due to this cross-state operation.　　Inoss Fraud Methods and Expanding Network　　Inos built friendly relationships with elderly women in Saipan and Guam between November 2020 and January 2022; she claimed to come from a wealthy Chinese family, own multiple businesses, and have made huge profits from BTC detailed analysis investments. After gaining trust, she took their money, even forging a federal judges signature to facilitate her fraud. Even after leaving the Mariana Islands, she continued pulling the same scam on elderly people in Washington and California; she kept committing crimes while the federal case was ongoing. Officials like FBI Honolulu Chief David Porter and U.S. Attorney Shawn Anderson condemned Inoss calculated manipulation of the elderly. The court also imposed three years

04-29

Zondacrypto client data end up for sale on the darknet

Customer data from the failed exchange Zondacrypto, one of the largest in Poland and the region, has reportedly ended up on the darknet.　　News of the leak comes after the platform halted withdrawals amid liquidity issues, followed by the suspected disappearance of its chief executive.　　Zondacrypto client information sold for cheap to fraudsters　　Personal details of traders on Zondacrypto, a major exchange on the Polish market, can now be purchased for a few hundred euros on the darknet, according to local reports.　　The leak from the coin trading platforms customer database, which is yet to be officially confirmed, adds to the troubles with the Estonia-registered crypto service provider.　　Zonda‘s website has been down for days, and when it’s back online, logging into accounts has been next to impossible, as per the leading Polish crypto news portal, Bitcoin.pl.　　Thats after the exchange stopped processing client transactions earlier this month, most notably withdrawals, following media revelations that its reserves had been almost fully depleted.　　User data has now been put up for sale, news articles and social media posts claim. Rafał Łapać, a Polish game developer and crypto enthusiast, recently took to X to unveil:　　“I received information from a trusted person working in cybersecurity: Zondas customer database has already

04-29

Trump Threatens Iran With Gun-Totting AI Meme As Hormuz Remains Blockaded

Finance　　Trump Threatens Iran With Gun-Totting AI Meme As Hormuz Remains Blockaded　　President Donald Trump early on Wednesday threatened Iran with an AI-generated meme while appearing to reiterate his claims that the country was in a state of disarray and incapable of signing a peace deal as the Strait of Hormuz remained blockaded.　　Getty Images　　Key Facts　　In a post on Truth Social, the president shared an AI-generated image of him holding an assault rifle with explosions in the background and the caption “NO MORE MR. NICE GUY!”　　In the post, Trump claimed that Iran can‘t get its “act together” and the country doesn’t know how to “sign a nonnuclear deal,” before warning that the country “better get smart soon.”　　Its unclear what the president means by “nonnuclear deal,” although he has repeatedly stated that his goal is to ensure that Iran never acquires a nuclear weapon.　　Trumps meme post comes days after reports suggested that Iran was pushing for a deal to reopen the Strait of Hormuz, while postponing nuclear talks to a later date.　　The Wall Street Journal reported that Trump and his aides, however, are “skeptical” of such a deal.　　Truth Social, @realDonaldTrump　　Tangent　　In a post on Truth Social on Tuesday, Trump claimed that Iran had informed his

04-29

EU maintains Iran sanctions, impacting crude oil and US-Iran ceasefire outlook

Tech　　EU maintains Iran sanctions, impacting crude oil and US-Iran ceasefire outlook　　The EUs decision to maintain sanctions on Iran has direct implications for prediction markets tracking crude oil prices and US-Iran relations. The likelihood of a US-Iran ceasefire by April 30 sits at 2.9% YES, while crude oil reaching $90 by end of June faces upward pressure from potential supply disruptions.　　Market reaction　　In the US-Iran ceasefire market, odds have dropped from 14% a week ago to 2.9% YES. The largest move in the past 24 hours was a 48-point spike at 11:40 AM, showing sharp volatility even at low overall odds. The crude oil market is currently showing no face value trades. It takes $1,096 to move the US-Iran ceasefire market by 5 points, a figure that reflects both thin liquidity and sensitivity to geopolitical news.　　Why it matters　　The EU‘s sanctions are tied to Iran’s military actions and nuclear compliance, and their continuation makes rapid de-escalation unlikely. The Strait of Hormuz remains a chokepoint for global oil supply, and no easing of sanctions means the market may price in tighter conditions. The diplomatic impasse between the US and Iran, now reinforced by the EUs position, explains the steep drop in ceasefire odds over

04-29

What Happened to Litecoin (LTC)? Abnormal Activity, Founders Comment

In essence, a race between two chains ensued. Although f2pool and other aligned miners kept extending the valid chain, the invalid chain had a lead at first. Following a tense catch-up of 13 blocks, the correct chain passed the invalid one. Beginning at block 3095931, f2pool mined a series of blocks that provided the valid chain with sufficient cumulative work to take the lead in the ledger.　　Network reorganization risks　　Following that, the network carried out what is referred to as a reorg (reorganization). This is a typical mechanism in which nodes move to the longest valid chain and discard the shorter or invalid one. Consequently, the invalid transactions were essentially eliminated, as the network spontaneously returned to its original state.　　Charlie Lee, the creator of Litecoin, acknowledged the significance of f2pools reaction, pointing out that without their prompt action, things might have gotten much worse. His remark highlights an important point: large participants, such as mining pools, play a crucial role in decentralized networks by acting responsibly.　　Ultimately, the event revealed a strength as well as a vulnerability. Although invalid activity is still possible, Litecoin was able to self-correct without suffering long-term harm, thanks to the systems design and quick coordinated action.

04-29

Best Staking and Crypto Earn Platforms 2026: Where to Earn Yield on BTC, ETH, XRP and Stablecoins

Bitcoin Crypto Ethereum　　Best Staking and Crypto Earn Platforms 2026: Where to Earn Yield on BTC, ETH, XRP and Stablecoins　　If you‘re sitting on crypto in 2026, leaving it idle is no longer just a missed opportunity, it’s a measurable cost. With inflation still chipping away at fiat purchasing power and yield platforms offering everything from low-single-digit returns on BTC to double-digit APYs on stablecoins, the question isn‘t to put your crypto to work. It’s .　　But the landscape has changed. The crypto earn space has matured into two distinct camps: native staking (locking proof-of-stake assets to secure a network) and yield platforms (lending, structured products, and fixed-income instruments). Understanding the difference is the first step toward picking the best crypto staking platform, or the best crypto earn platform, for your specific holdings.　　This guide compares the leading options across BTC, ETH, XRP and stablecoins as of 2026, with a clear-eyed look at APYs, lock-ups, and what each platform actually does well.　　1. Varntix: Fixed-Rate Yield on Stablecoins　　Best for: Holders who want predictable, institutional-style returns on USDT and USDC without the variable rates and rate-cut risk that plague most yield platforms.　　Varntix has carved out a distinctive position in the 2026 yield market by treating stablecoin

04-29

MegaETH confirms token generation event for April 30, 2026

Tech　　MegaETH confirms token generation event for April 30, 2026　　Cyrus Fazel, CEO of SwissBorg, disclosed his 2026 token strategy and confirmed MegaETHs TGE for April 30, 2026. The April 30 contract now trades at 97% YES, up from 89% yesterday.　　The April 30 contract trades at 97.4% YES, with high confidence in an on-time launch. The markets term structure shows a 3-point jump between April 30 and June 30, meaning traders expect the TGE to proceed as scheduled. Odds climbed from 18% a week ago as the MegaETH team hit KPIs, and now just one day remains before the April 30 resolution.　　Trading volume across MegaETH markets hit $462,687 in actual USDC over the last 24 hours. The April 30 market alone accounts for $349,577 in daily USDC volume. Moving the odds 5 percentage points requires $285,343, pointing to a thick order book that could still shift on a large trade. The biggest price move was a 51-point drop from 98% to 47% at 12:26 PM, a sign of real volatility even at these elevated levels.　　The TGE confirmation carries direct credibility for the MegaETH team, following earlier bullish signals like pre-listing on Coinbase. At 97¢, a YES share pays $1 if the launch

04-29

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