U.S. Justice Department Investigating Binance For Russia-Related Sanctions Violations: Bloomberg

The United States Justice Department’s national security division is conducting an inquiry into whether Binance allowed the violation of U.S. sanctions related to Russia’s invasion of Ukraine on its platform, according to a Bloomberg report.Source

Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed

Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US.Source

Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight

After attempting to thwart what it called a “coordinated” attack on its town square, Aragon reiterated its “code is law” position.Source

Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit

A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham.Source

Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty

Coinbase (COIN) shares are up sharply after the company’s first quarter results topped analyst estimates on both revenue and loss per share.Source

Alibaba Says ‘Open Sesame’ to Web3

The Chinese tech giant is releasing a metaverse launchpad. Plus, Sports Illustrated announces an NFT ticketing platform.Source

Craig Wright Shows ‘Prima Facie Evidence’ of Contemptuous Conduct, U.S. Judge Says

The computer scientist who claims to be Satoshi Nakamoto is still engaged in a $143 million dispute over bitcoin ownership.Source

New York Attorney General Seeks New Crypto Powers for State Regulators

The bill follows legal suits pursued by Letitia James in connection to crypto companies like Celsius, CoinEx and Nexo.Source

First Mover Americas: Meme Coin PEPE Surges to $1B Market Cap

The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

U.S. Adds 253K Jobs in April, Topping Expectations for 180K; Bitcoin Falls

The unemployment rate rose/fell//head steady at 3.X% versus forecasts for a slight rise to 3.6%.Source