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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.
Alex Thorn says 11.1 million Bitcoin sits in wallets with no known owner
Galaxy Research's October snapshot could not link about 55% of mined Bitcoin to an exchange, fund, government or other known entity, which the firm's research head reads as a sign self-custody…
Musk says 200-plus AI neoclouds face failure as lenders pull back
Elon Musk says lenders have largely stopped financing AI data centre firms without other revenue, warning that more than 200 specialist cloud providers face failure or consolidation.
Bank of Israel rejects Netanyahu's crypto sanctions workaround
The Bank of Israel has pushed back on Prime Minister Benjamin Netanyahu's suggestion that cryptocurrency could help Israel sidestep potential international sanctions, saying the focus should be on…
Lula wins Brazil runoff as prediction markets that favoured Bolsonaro are proved wrong
Luiz Inácio Lula da Silva has won Brazil's presidential runoff with 51.78% of the vote, defying prediction platforms that gave Senator Flavio Bolsonaro 80% odds of victory.
Yuridia Trujillo accused of claiming crypto losses on assets clients never owned
US prosecutors say the Connecticut tax preparer filed false returns for thousands of clients, including fictitious crypto and stock losses, and diverted parts of their refunds.
California regulator opposes SEC crypto plan over investor protection
The California DFPI has told the SEC that its proposed Regulation Crypto Assets could strip states of the preventive screening they use to catch risky crypto offerings before they are sold.