Thursday, December 7, 2023
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Nine Blocks becomes first crypto hedge fund approved by Dubai’s VARA

The “market neutral trading firm” named Dubai for its global headquarters as the region experiences an influx of crypto companies seeking new users. Nine Blocks Capital Management FZE bagged a crypto license from Dubai’s Virtual Assets Regulatory Authority (VARA), making Nine Blocks the first digital asset hedge fund to win VARA’s

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WOO Network Repurchases from Bankrupt Hedge Fund 3AC to ‘Clear the Uncertainty’

WOO co-founder Jack Tan said the repurchase allows the company to move on “without further distractions from the 3AC fallout”. WOO Network has announced its decision to repurchase shares and tokens it sold to defunct Singaporean hedge fund Three Arrows Capital (3AC) back in 2021. The Taiwan-based trading platform and liquidity

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Uniswap Foundation requests $62M to bolster development and hedge against volatility

The Uniswap Foundation has proposed a $62.37 million fund allocation, and an on-chain vote is scheduled for Oct. 4 to decide on it. These funds are intended to strengthen various aspects of the Uniswap ecosystem, including developer support and research initiatives. The foundation also mentioned plans to expand its Hooks

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