ICYMI: Here’s a quick news wrap from the weekend at The Block 💸 U.S. spot bitcoin ETFs shed $1.26 billion last week in their worst weekly outflows since late January, while spot ether funds extended their outflow streak to 10 straight days. ⚖️ FTX’s former law firm and auditor agreed to pay $66 million to settle customer claims over fraud. 🏦 The ECB reportedly warned EU finance ministers that loosening euro stablecoin rules could weaken traditional banks. 🚨 StablR’s EURR and USDR depegged after an attacker minted $13.5 million in unbacked tokens through a multisig exploit. 🛶 Vitalik Buterin said the Ethereum Foundation will become a “smaller ship” and sell less ETH amid an exodus of researchers. 🕵️ The New York Times reported that the CFTC purged staff who questioned crypto firms tied to President Donald Trump.
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