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Binance US, Coinbase, Curve in Bidding War for BlockFi Credit Card Customers

Binance US and Coinbase are among the bidders for the BlockFi credit card program and its associated customers, Blockworks has learned, while smaller fintech competitor Curve is also in the hunt for the approximately 87,500 BlockFi accounts.

Coinbase to Write off Investment That Its Ventures Arm Made in FTX

(Reuters) - Coinbase Global Inc will write off the investment its ventures arm made in cryptocurrency exchange FTX in 2021, according to a person familiar with the matter.

Centrifuge Has Raised $4 million in A Strategic Round

Decentralized finance protocol Centrifuge has raised $4 million in a strategic round from backers Coinbase Ventures, BlockTower, Scytale and L1 Digital.