NFT platform Foundation co-founder Kayvon Tehranian announced on the X platform on April 15 that the platform will officially cease operations. Earlier this year, Foundation had signed a sale agreement with a buyer, but the buyer backed out before the transaction was completed. After Tehranian reassumed control, he assessed the market situation and announced, "There are no other buyers worth pursuing," officially initiating the wind-down process.

The global crypto market is undergoing a correction, with a 0.86% drop in total capitalization to $2.41T. Bitcoin and Ethereum fell by 1.21% and 1.33%, respectively. Despite declines in DeFi TVL and NFT sales, some altcoins surged significantly.

The NFT sector experienced notable sales this week, led by Bitcoin, Ethereum, and Arbitrum. Top sales included the $X@AI BRC-20 NFT at $8,097,669, reflecting growing investor confidence in the market. Other blockchains like Polygon and Flow also had significant sales.

The crypto market continues to grow, with a market cap of $2.44T and Bitcoin and Ethereum showing slight increases. Top gainers include $GPM and $BASE. Meanwhile, DeFi TVL declined, NFT sales rose, and notable developments include a trader's significant loss and a push for regulatory clarity in Congress.

The crypto market has grown, with a 1.35% increase in capitalization to $2.44T and Bitcoin and Ethereum prices rising. Major gainers include $PENGU, $HBTC, and $TSLA. DeFi TVL rose 1.27%, while NFT sales fell 4.99%. Key developments include Polymarket's stablecoin upgrade and CFTC's regulatory efforts.

The crypto market has seen a 1.14% decline, with Bitcoin and Ethereum experiencing slight gains. Top gainers include PEPE and IRISnet. DeFi TVL increased, while NFT sales dropped. Notable events include xAI suing Colorado and South Korea tightening crypto regulations.

Yuga Labs, the creator of the Bored Ape Yacht Club NFT collection, has reached a settlement with conceptual artist Ryder Ripps and his business partner Jeremy Cahen – resolving a trademark dispute filed in July 2022 that produced two significant federal court rulings on intellectual property

Yuga Labs reached a settlement on April 8, 2026 with artist Ryder Ripps and Jeremy Cahen, ending a two‑year lawsuit over the RR/BAYC NFT collection that allegedly copied imagery from the Bored Ape Yacht Club (BAYC) brand.

The trademark dispute between BAYC developer Yuga Labs and artist Ryder Ripps was finally settled in 2026, with Ripps being barred from using Yuga’s images and trademarks. The case involved trademark infringement and artistic freedom; the court held that even with a satirical intent, it could still cause consumer confusion, so Ripps was not exempted from liability. This case established an important legal precedent for NFT trademark protection.

The crypto market has seen a 23.11% increase in trading volume, with Bitcoin and Ethereum rising by 4.37% and 6.38%, respectively. Notable gainers include $CATX, $DOGO, and $PENGU, while DeFi and NFT sectors also grew significantly. Additionally, Morgan Stanley launched a BTC ETF, and FDIC proposed stablecoin regulation.