Yuga Labs has settled its closely watched lawsuit against artist Ryder Ripps and his business partner Jeremy Cahen, ending a dispute over alleged trademark infringement tied to the Bored Ape Yacht Club (BAYC) brand. The conflict began after Ripps released an NFT collection that closely resembled Yuga Labs' BAYC NFTs. Yuga Labs argued the project improperly leveraged its branding and misled buyers, while Ripps said the work was artistic commentary. Court filings tied to the settlement include proposed orders that would permanently bar Ripps and Cahen from using Yuga Labs' imagery, trademarks, or branding, including BAYC-related visuals and names. The outcome strengthens Yuga Labs' control over its intellectual property and underscores the willingness of NFT companies to use courts to protect digital assets. Reuters reported the settlement, and Cointelegraph posted a summary on April 9, 2026. Market participants view the case as a notable data point for how intellectual property rights are defined and enforced in NFTs. It also highlights the legal risk for creators who reuse established NFT branding without authorization, and may shape future disputes involving derivative projects, parody collections, and digital art ownership.

CoinGecko data show that XAUt0 recorded more than $1.8 million in trading volume on Byreal over the past 24 hours, representing over 45% of total market activity. The surge briefly put Byreal ahead of Hyperliquid and Orca, making it the top onchain venue for gold trading during that period.

#BingXBuzz Scott Bessent is calling on Congress to advance the Clarity Act, arguing that clearer crypto regulation is needed to safeguard U.S. financial leadership. Canary Capital has filed for a spot $PEPE ETF. The New York Times has pointed to Adam Back as a potential candidate in the ongoing debate over Satoshi's identity.

Bitcoin ATM operator Bitcoin Depot disclosed a $3.7 million theft of Bitcoin tied to a security breach, according to a recent SEC filing. The Nasdaq-listed company said it detected unauthorized access to its IT systems on March 23. The intruders obtained credentials linked to crypto settlement accounts and drained 50.9 BTC from company wallets. Bitcoin Depot has brought in cybersecurity specialists and notified law enforcement. A third-party probe into the incident is underway. The company said the breach did not impact customer-facing platforms or customer data.

Continue Capital unlocked 603,000 HYPE tokens on the morning of April 9, with an estimated value of about $23.3 million, according to Huo Xing Cai Jing, citing MLM monitoring. A wallet linked to Continue Capital had previously sold 320,000 HYPE tokens after an earlier unlock.

The RAIN token is currently navigating significant market volatility, trading near $0.0075, as a substantial supply unlock event approaches on April 10. Approximately 38.78 billion RAIN tokens, valued at an estimated $294.36 million, are scheduled to enter circulation. This impending release could significantly expand the tradable supply, potentially exerting downward pressure on the token's price if demand fails to absorb the influx. The token has recently experienced a downtrend, losing its February breakout gains and establishing $0.009293 as a key resistance. While a recent rebound from $0.004050 has lifted RAIN, the recovery remains fragile, with market participants closely monitoring the unlock's impact on price stability and future trajectory.

The US services sector is sending fresh stagflation-style signals after the latest ISM Services PMI came in below market expectations. The employment component slid to its weakest reading since December 2023, while the prices-paid gauge surged to its highest level since October 2022.

Centralized crypto exchange (CEX) trading activity has significantly cooled, with total market volume declining approximately 48% from its peak in October 2025, according to recent data from CryptoQuant. The aggregate turnover across these platforms now stands at around $4.3 trillion. This reduction in volume indicates a notable shift in market dynamics. Perpetual futures continue to dominate trading activity, accounting for approximately $3.5 trillion of the total volume, while spot trading contributes a significantly smaller portion, totaling about $0.8 trillion. This trend highlights a sustained preference for derivatives trading over direct asset exchange within the centralized crypto market.

Polygon's stablecoin supply has recently achieved a new all-time high, reaching $3.6 billion, according to data compiled by blockchain analytics platform Artemis. This significant milestone highlights the increasing liquidity and user confidence within the Polygon ecosystem. The substantial growth in stablecoin holdings suggests a robust expansion of decentralized finance (DeFi) activities and broader adoption of Polygon as a scalable layer-2 solution. This record supply positions Polygon favorably for continued development and increased transaction volumes, reflecting its growing importance in the broader Web3 landscape.