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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.
Ether.fi exits restaking as sector profits collapse
Ether.fi is cutting its last tie to EigenLayer after restaking yields dried up, while the five largest liquid restaking tokens saw combined gross profit fall to $953,350 last quarter.
Senate Democrats say Tether is a lifeline for Iran sanctions evasion
A new Senate report alleges Tether's USDT helps Iran bypass sanctions and that the issuer has repeatedly failed to block Iran-linked wallets, claims Tether disputes.
Strive buys 1,107 Bitcoin for $94.5m to lift holdings past 27,400 BTC
Strive paid an average of $85,396 per coin in late September, keeping it fifth among public Bitcoin holders as it chases second place by year-end.
Bitget attacker tested risk controls before $388m theft, CEO says
The attacker behind Bitget's $388m exploit made two small test transfers half an hour before draining the exchange, CEO Gracy Chen told The Block.
XRP Ledger nears activation of batch and permission delegation features
Two XRPL amendments aimed at corporate users are in their final voting stage, with mainnet activation expected within about 11 days, according to the XRPL Foundation's community lead.
Cardano down 68% over a year as October record offers little comfort
U.Today reports ADA has lost 68% in a year and fallen in six of the past eight Octobers, while the network pushes its Node 11.1.2 update and Dijkstra integration.