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NewsDesk
The wire: crypto and markets news from other outlets, newest first.
AI summaryStories from the outlets we follow, summarised by AI and linked to the original. A story whose AI summary is not ready is held for an editor; older items may still show the outlet’s own summary, quoted and labelled. Bullish, Bearish and Neutral are an AI reading of a story’s tone, not investment advice.6 publishers843 storiesWhere AI is used
Binance finance chief Kaiser Ng to leave after five years, Yi He says
Binance's chief financial officer, Kaiser Ng, is leaving the exchange after more than five years, co-CEO Yi He said. Justin Yek, formerly of Airwallex, will replace him.
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On the Wire
Stories from our sources, newest first, each credited to the publisher and linked to the original.
Comer widens prediction market insider trading probe to three more platforms
House Oversight Chairman James Comer has sent information requests to Hyperliquid, Crypto.com and PredictIt, giving them until 13 Oct to hand over trading records.
SEC and CFTC down to three commissioners after Peirce exit
Hester Peirce leaves the SEC on Friday, leaving the agency with two commissioners and the CFTC with one, as seven seats across both regulators sit empty.
OpenAI seeks $30bn round at reported $1.4tn valuation
OpenAI is reportedly in early talks to raise $30bn in a round that could value it at $1.4tn, as its public listing slips to 2027 at the earliest.
Kakaopay Securities explores tokenised Korean stocks with Dinari and Ondo
Kakaopay Securities has signed separate agreements with Dinari and Ondo Finance to study putting Korean-listed shares onchain and selling them to investors abroad.
MoonPay launches South Korean unit with three major banks
MoonPay opened a South Korean subsidiary on 29 Sept, working with Kakaobank, Woori Bank and KB Financial Group on stablecoin payments, remittances and won-backed digital currencies.
CryptoQuant warns Bitcoin correction may be near as trader profits hit 21-month high
CryptoQuant says Bitcoin is still in a bull market, but record profit-taking and cooling spot and futures demand point to a possible near-term correction.