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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Stories from our sources, newest first, each credited to the publisher and linked to the original.
BitGo CEO says Clarity failure left markets exposed to Lehman-scale risk
BitGo chief executive Mike Belshe said the collapse of Clarity left capital markets facing systemic risk from one firm combining exchange, brokerage and custody roles.
ECB sets out three models for central bank money onchain
The European Central Bank has outlined three models for placing central bank money onchain, as financial institutions explore settlement infrastructure, The Block reports.
SEC proposes crypto custody rule with limited adviser self-custody
The US securities regulator unveiled a 760-page custody proposal on Thursday, opening a 60-day comment period and completing the main items on its digital assets agenda.
Citi lifts Bitcoin target to $113,000 and sees $5bn ETF inflows
Citigroup raised its 12-month Bitcoin and ether forecasts after a demand recovery, and now assumes $5bn of net inflows into crypto investment products.
MetaMask exits 17,000 validators after 0.36 ETH tip theft
MetaMask began pulling Ethereum validators on 30 Sept after a researcher said about 0.36 ETH in block tips was diverted. The company says wallets and customer funds are unaffected.
New York and Wyoming regulators sign crypto oversight pact
The NYDFS and Wyoming Division of Banking have agreed to share supervisory information and coordinate licensing, examinations and enforcement for digital asset firms.
