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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.
Binance misses November Luna Classic burn after $6.3bn hack
Binance has not carried out its monthly Luna Classic burn for the first time since March 2023, with community members linking the delay to the previous week's record $6.3bn hack.
Binance net inflows hit $2.3bn as withdrawals widen after $6.3bn hack
Binance recorded $2.3bn in net inflows over 24 hours as it restored withdrawals following a $6.3bn hack, reversing Monday's heavy outflows, Cointelegraph reports.
OKX adds 13,800 Bitcoin in month Binance lost $6.3bn to hackers
OKX's 49th proof-of-reserves report shows customer Bitcoin rose 9.66% to 156,609 BTC between 3 Oct and 1 Nov, while Binance rebuilds trust after a $6.3bn hack.
BlackRock's IBIT leads $399m outflow as Bitcoin ETFs start November in the red
US spot Bitcoin ETFs opened November with $399m in net outflows, as BlackRock's IBIT shed $405m in its largest daily withdrawal since June, Farside Investors data shows.
Tether says it froze over $1.5bn in USDT within 30 minutes of Binance hack
Tether says it blocked more than $1.5bn in stolen USDT within half an hour of the 29 October Binance attack, after the FBI attributed the theft to North Korea.
Crypto.com to shut Hong Kong consumer app on 1 Feb 2027
Crypto.com has confirmed it will close its consumer app in Hong Kong on 1 Feb 2027, citing regulatory changes, while its separate local entity keeps seeking a virtual asset trading platform licence.