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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.
Ripple wins final OCC approval for national trust bank
The Office of the Comptroller of the Currency has granted Ripple final approval for its national trust bank, which will manage RLUSD reserves and offer custody to enterprises.
Injective launches Nvidia GPU rental futures index with 10x leverage
The layer-1 blockchain has opened a perpetual futures market tracking rental prices for five Nvidia chips, letting traders take leveraged positions on AI computing costs.
French authorities back stablecoin rewards in split with ECB over MiCA review
Four French financial bodies have urged the European Commission to allow third parties to pay rewards on stablecoins under conditions, opposing the ECB's call to keep and widen the ban.
Keystone says stolen authentication key forces destruction of 18,835 wallets
Hardware wallet maker Keystone will scrap 18,835 devices after attackers obtained the key used to verify its products are genuine, and says 25,964 buyer records kept personal data.
Musk says SpaceX has closed $40bn GPU lease as neoclouds face reckoning
SpaceX has signed a binding commitment for about $40bn of GPU leases from an Apollo-managed entity, with Elon Musk warning that debt markets have cut off most AI data centre companies.
OCC urges community banks to apply as payment stablecoin issuers under GENIUS Act
The US banking regulator has finalised its rules for the GENIUS Act and is encouraging community banks to seek permission to issue payment stablecoins before the law takes effect in January.