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First Mover Americas: PEPE Peaks After Binance Listing

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

Ripple’s Tussle With SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report

The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit.

Web3 Firm Artifact Labs Raises $3.25M From Blue Pool Capital, Animoca, Others

Hong Kong’s South China Morning Post spun off its NFT business into a new firm called Artifact Labs in March 2022.

Sam Altman’s Crypto Project, Worldcoin, Releases First Major Consumer Product

Worldcoin’s “minimalist” wallet, World App, wants to help you prove you’re human in the age of AI.

Zero-Knowledge Privacy Startup Webb Protocol Raises $7M

Polychain Capital and Lemniscap co-led the seed round for the bridge protocol.

Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal ‘Suspicious’ Behavior

Regulators in the tech-friendly nation say they’ll return to business-as-usual monitoring after money laundering fears led it to take a tough line.

Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool

Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not

First Mover Asia: Bitcoin at $28.6K Remains Unstirred by Binance Temporary Withdrawal Pause

PLUS: Bitcoin maximalists find Ordinals annoying. But they are a good thing for the network in the long run.

Binance Resumes Bitcoin Withdrawals After Second Pause, Says It’s Adjusting Fees and Integrating Lightning Network

The second pause comes less than eight hours after its first pause as the crypto exchange grapples with unprecedented Bitcoin network congestion.

Pepecoin Drops Nearly 50% From Highs as Traders Likely Taking Profits for Ether

Some holders have turned pocket change into fortunes after getting into the very early stages of pepe.