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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.
TRM Labs says XRP was first asset taken in Binance wallet breach
Blockchain investigators traced 233.46 million XRP, worth about $296m, from five Binance wallets in roughly four minutes on 29 October, with Ripple later freezing stolen RLUSD.
Changpeng Zhao says Binance's $6.3bn hack is not the largest Bitcoin theft
Bitcoin.com News ranks history's biggest crypto heists by dollar value and by Bitcoin stolen, with Mt Gox's 650,000 BTC loss dwarfing the reported $6.3bn Binance breach on the second measure.
Bitcoin ETFs lose $643m in a day as Binance hack ends four-day inflow run
US spot Bitcoin ETFs shed $643m on Friday after the Binance breach, turning the week negative, while ether and solana funds also saw heavy redemptions.
Texas brothers get 15 years for armed crypto robbery and kidnapping
Raymond Christian Garcia and Isiah Angelo Garcia were sentenced to 180 and 186 months for holding a Minnesota family at gunpoint and taking more than $8m in cryptocurrency.
Bitwise's Matt Hougan says Bitcoin will recover within a week of $6.3bn Binance hack
Wall Street brokerages told clients to buy the dip after the 30 Oct selloff, while Binance prepares to restore withdrawals in phases and publish proof-of-reserves results by 2 Nov.
Binance buys back stolen tokens as Ethena-linked wallets send $24m in ENA
Binance has begun repurchasing assets taken in its $6.3bn hack, with wallets linked to Ethena moving 128.63 million ENA to the exchange on 31 Oct, according to Lookonchain.