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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.
Bitcoin holds near $83,100 as Zcash slides 12% and oil climbs
Bitcoin slipped under 1% to just above $83,100 as rising Treasury yields and oil prices stoked inflation worries, while Zcash led losses among major tokens, CoinDesk reports.
Cecabank seeks MiCA passport to offer crypto custody in Luxembourg
Spanish custodian Cecabank has begun MiCA passporting to extend its regulated crypto custody into Luxembourg, Ireland and Portugal, 18 months after opening its Luxembourg branch.
Coinbase wins CFTC approval for clearing house
Coinbase has won CFTC approval to register Coinbase Clearing LLC as a derivatives clearing organisation, completing its regulated derivatives stack and letting it clear fully collateralised contracts
China's state security says crypto anonymity is an illusion
China's Ministry of State Security says blockchain records and exchange data let agencies trace users, calling crypto's anonymity a false premise used to lure criminals.
Saylor urges bank custody and Bitcoin-backed lending rules
Strategy's Michael Saylor has called for banks to hold Bitcoin for customers and lend against it, and for regulators to review the capital rules he says hold such services back.
Meme coin market falls 4% as $35bn sector rotates
The meme coin market is rotating rather than rallying, U.Today reports, with the sector down about 4% while gains concentrate in hours-old tokens and losses hit established names.