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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.
Galaxy Digital adds $100m of Sky's sUSDS to treasury and loan collateral
Nasdaq-listed Galaxy Digital has placed $100m of Sky Protocol's yield-bearing sUSDS on its balance sheet and approved the token as collateral for institutional loans.
ECB studies linking TIPS payment system with Brazil's Pix
The European Central Bank is assessing whether to connect its TIPS instant payment platform with Brazil's Pix, part of the G20 cross-border payments roadmap.
US seizes $84m from Capstone over Tether-linked transfers
The DOJ seized $84m from payment processor Capstone, which Tether and Bitfinex used to reach US bank accounts, according to the FT. The case highlights crypto firms' banking access problems.
OG.com files with CFTC to list single-stock perpetual futures
OG.com Markets wants to offer cash-settled single-stock perpetual futures that trade 24 hours a day, joining Coinbase, Kalshi and Kraken parent Payward in seeking US approval.
Blockchain Association chief Summer Mersinger to leave at year end
Mersinger will step down as CEO on 16 October, with Kristin Smith returning as interim chief, after the CLARITY Act failed a Senate cloture vote.
Bitget raises breach loss estimate to $388m and keeps withdrawals paused
Bitget now says about $388m in assets left the exchange in Thursday's security breach, $35m more than its first estimate, and withdrawals remain frozen.