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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.
Justin Sun seeks $264,000 sanctions over World Liberty UAE disclosure
Tron founder Justin Sun wants World Liberty Financial and its lawyers sanctioned, accusing the Trump-linked firm of a misleading court disclosure about its ownership, including UAE backers.
Bitcoin rises 1.6% to $78,277 as analysts say Democratic sweep was priced in
Democrats took both the House and the Senate in the US midterms, but analysts told Decrypt the result was largely anticipated and Bitcoin recovered from a brief dip.
Polymarket trader 0xA2 shows $917,000 profit after midterm blue wave
A Polymarket trader known as 0xA2 leads the platform's daily leaderboard after Democrats won both chambers of Congress, though most of the gains hinge on Alaska's Senate result.
Ripple's RLUSD adds $972m in 90 days as USDT and USDC shrink
DefiLlama data shows Ripple's dollar token reached about $2.57bn in supply on 4 Nov, up from $1.59bn on 6 Aug, while Tether's USDT fell about $5.2bn over the same period.
Bitwise's Dragosch says Bitcoin ETF outflows reflect short-term risk-off
US spot Bitcoin ETFs shed $1.16bn over three trading days, but Bitwise's head of research says institutions have largely kept their exposure and the selling reflects weaker sentiment.
Binance SAFU Bitcoin moves again to unlabelled wallet, Unchained data shows
The 7,500 BTC Binance took from its user safety fund to cover a $6.3bn hack has been sent on to an unlabelled, high-volume address, leaving SAFU at about half its former size.