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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.
Discord to make public server messages searchable from mid-December
Discord says messages in its largest public servers will appear in web search from mid-December, with users given until then to opt out of having their posts indexed.
Galaxy Digital posts $323m Q3 profit and adds $200m buyback
Mike Novogratz's crypto investment firm swung to a $323m net profit for the three months to 30 Sept, helped by investment gains and AI data centre growth, and authorised a further $200m share buyback.
Bessent says crypto can fortify the dollar as a technology umbrella
Speaking at Ripple's Swell conference, the US Treasury Secretary said digital assets could extend the dollar's reach, and that agency action could fill the gap left by the failed CLARITY Act.
SoFi says Q3 crypto revenue reached $162m with $1.6m kept after costs
SoFi Technologies reported $162m in gross crypto transaction revenue for the third quarter, offset by $160m in costs, alongside record group revenue and 17.1 million members.
Robinhood misses Q3 forecasts as crypto revenue falls 55% year on year
Robinhood reported record third-quarter revenue of $1.42bn but fell short of Wall Street's $1.43bn estimate, while crypto trading revenue dropped 55% from a year earlier despite rising from the…
CFTC sues Utah to block state action against Kalshi prediction markets
The US commodities regulator has sued Utah and its attorney general, arguing that federal law gives it exclusive control over prediction market event contracts.