At Ellison’s direction, FTX executives Wang and Singh gathered data about Alameda’s accumulated borrowings that found the firm had withdrawn deposits amounting to over three-quarters of FTX’s customers’ total holdings, including over half of the ETH on the exchange and lesser amounts of customers’ USDT and BTC. A later witness, Alameda developer Aditya Baradwaj, on Thursday said Alameda lost at least $200 million through preventable mistakes, including $100 million lost to a phishing scheme.
BlackRock taps Galaxy Digital as validator for its staked Ethereum ETF
Galaxy Digital has been named an approved validator for BlackRock’s iShares Staked Ethereum Trust ETF (ETHB), the firm’s first crypto...













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