This past week was eventful in the cryptocurrency world, with significant developments that are expected to influence the industry's trajectory. Notable news emerged from regulatory decisions, ecosystem advancements, and market analysis.

Here is a recap of some of the major crypto market events this week:

- Jay Clayton, involved in the XRP lawsuit, was appointed as the new US Attorney for the SDNY under President Trump. This move came amidst efforts to establish more favorable crypto regulations. Clayton, who previously served as the SEC Chair, assumed the role of interim US Attorney for the Southern District of New York without Senate confirmation, igniting controversy.

- Pi Network pioneers expressed frustration over the project's ambiguous Mainnet Migration Roadmap, highlighting concerns related to transparency and operational details. Some questioned the project's core principles, raising doubts about its blockchain authenticity.

- The current Bitcoin cycle has unfolded differently from previous post-halving cycles. Unlike past trends of aggressive price rallies after halving events, the current cycle saw a price surge driven by Bitcoin ETF hype followed by consolidation and correction phases.

- PancakeSwap announced changes to its CAKE tokenomics, including the removal of veCAKE, staking, and revenue sharing, with a plan to burn 5.3 million CAKE tokens annually. However, the decision faced resistance from Cakepie DAO and community members, leading to a compensation plan.

- Zora Network revealed plans for a 1 billion ZORA token airdrop on April 23, rewarding early platform users. The airdrop caused confusion due to the absence of an official claim site, prompting users to check allocations through the contract address.

- The Zora token debuted on the Coinbase exchange, a significant milestone for the newly launched altcoin, providing increased accessibility to users. Jesse Pollak, creator of the Base blockchain, emphasized the value of content coins for creators despite market volatility.