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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.
JPMorgan and Citigroup curb AI agents that move customer money
US banks are restricting third-party AI agents from logging into accounts and transacting, while Binance's Changpeng Zhao argues crypto suits machine payments better.
Bitcoin network hashrate returns to 1 ZH/s for first time since 3 March
Bitcoin's seven-day average hashrate has climbed back above 1 zettahash per second, Bitcoin.com News reports, as more efficient rigs and smaller miners offset the industry's shift towards AI.
Evernorth files to register 5.2m shares for Cantor resale to fund XRP buys
The Nasdaq-listed XRP treasury company has asked the SEC to register up to 5,218,935 shares for resale by Cantor, a facility it says could raise about $80.7m gross for more XRP purchases.
GMO Internet says hackers breached trading cloud and threatened 70-plus brokerages
The Japanese group found malware in its Onamae.com Desktop Cloud service, which may have exposed 26,739 servers, and refused an extortion demand after alleged unauthorised trades on customer accounts.
Bitcoin ETFs lose $138m as BlackRock's IBIT leads Friday outflows
US spot Bitcoin ETFs shed $138m on Friday after more than $1bn of early-week inflows reversed, while ether funds returned to modest inflows and Zcash extended its run.
Peter Schiff says Bitcoin could fall to $75,000 after losing $80,000
The economist and Bitcoin critic told followers on X that $75,000 is the likely next stop, singling out ETF holders who cannot sell at the weekend. Spot Bitcoin ETFs had already lost $635m in a…