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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.
Tokenized stocks reach $3.84bn as Base adds Apple and Microsoft shares
Tokenized versions of major US stocks are now trading on Base, the Coinbase-backed network, as the wider tokenised-equity market grows to about $3.84bn, Blockworks data shows.
Coinbase lists Ripple's RLUSD stablecoin across retail, exchange and Prime
Coinbase has added Ripple's RLUSD stablecoin to its retail app, exchange and Prime platforms, supporting the XRP Ledger, Base and Ethereum, as the token's market capitalisation passes $2.6bn.
Bitcoin ETFs draw $176m as BlackRock and Fidelity lead buying
US spot Bitcoin ETFs took in $176m on 27 October, a second straight positive session that lifted week-to-date inflows above $286m, while ether and solana funds lost money.
Galaxy says hedge funds drove Bitcoin ETF selling as sovereign funds bought
A Galaxy Research report says nine banks and hedge funds cut 68,000 BTC of spot Bitcoin ETF exposure, with wealth platforms and Abu Dhabi funds buying on the other side.
Euronext suspends CoinShares Zcash ETP over settlement requirements
The CoinShares Zcash ETP was halted on Euronext Paris on the day it was due to start trading, with the exchange citing operational settlement requirements.
Bitcoin rises above $81,000 as traders await Fed rate decision
Bitcoin gained 2% to top $81,000 on 28 October morning, with altcoins leading a broader rally as markets waited for the Federal Reserve's rate decision and Chair Kevin Warsh's press conference.