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South African Regulator Seeks More Crypto Powers After Alleged Ponzi’s Collapse

South African Regulator Seeks More Crypto Powers After Alleged Ponzi’s Collapse

“At the point something becomes a Ponzi scheme, we have lost our jurisdiction,” a regulator told Bloomberg.

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First Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)

Risks surrounding the stablecoin tether (USDT) have been known for years, but they’re commanding fresh attention as the amount outstanding swells to $25B.

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Crypto Exchange 2gether Says It Can’t Fully Reimburse 9% of Users After 2020 Hack

After a successful fundraising effort, the company said it can now reimburse most, but not all users.

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Ethereum Foundation’s annual conference Devcon won’t happen in August

The Ethereum Foundation announced Wednesday that its annual conference, Devcon, won’t take place in August 2021 as scheduled before.

The post Ethereum Foundation’s annual conference Devcon won’t happen in August appeared first on The Block.

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‘Pomp’ Launches Crypto Jobs Board With Gemini, Coinbase and BlockFi

Morgan Creek’s Anthony Pompliano aims to list 10,000 openings by the end of the year.

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Bitcoin Drops, Dollar Bounces Ahead of Federal Reserve Rate Announcement

Bitcoin would likely extend losses further if Fed Chairman Jerome Powell drops hints of a gradual unwinding of stimulus programs later today.

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Valid Points: What to Expect When Ethereum 2.0 Undergoes Its First ‘Hard Fork’

Here’s what the impending Eth 2.0 hard fork means, and why Ethereum devs are still debating the “Ice Age.”

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Futureswap: an AMM for perpetual swaps

Quick Take

  • Futureswap is a protocol for perpetual swaps that combines an automated market maker (AMM) with funding rate payments.
  • FST tokens are currently being distributed to traders and liquidity providers — or about 0.04% of the supply per day. 
  • Futureswap has immediately seen some trading interest with volumes at ~$30 million per day over the past week. However, the question is how much is driven by FST incentives.

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Lawsuit Against Israeli Crypto Entrepreneur Moshe Hegog Fails in US Court

A Washington judge threw out the lawsuit after the plaintiff failed to make a case.

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FTX lists GME stock for tokenized spot and futures trading

Crypto exchange FTX has listed the viral GameStop (GME) stock for tokenized spot and futures trading.

The post FTX lists GME stock for tokenized spot and futures trading appeared first on The Block.

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