While the crypto market has lost $2 trillion in value since November 2021, the venture arm of the $22 billion hedge fund run by Steve Cohen, the man who inspired the “Billions” TV show, last week announced it had invested in its fifth crypto company, a decentralized finance firm that provides data and trade execution…

Mike Novogratz, the CEO of the institutional crypto investment firm Galaxy Digital, said that the bottom might be near after the recent market turmoil. He is drawing parallels between crypto and Long Term Capital Management, a highly leveraged hedge fund that blew up in the late 1990s. “We’ve gone to a level that should be…

Gulf News has announced that it will be hosting Web3 DeCode, a two-day exhibition at the Grand Hyatt in Dubai, on June 25 and 26. To raise awareness of Web3 technology, its ascension in emerging markets like the UAE plus its impact on innovation, and life, as we know it, Gulf News is hosting Web3…