Cega Finance, the first decentralized finance exotic structured products protocol, announced that it raised a $4.3M seed round led by Dragonfly Capital Partners with participation from Pantera Capital, Coinbase Ventures, Alameda Research, Solana Ventures and more. “DeFi derivatives have seen explosive growth in the last year, and we find that… The post Cega Raises $4.3 Million from Dragonfly, Pantera to Build the First Exotic Structured Products in Cryptocurrency appeared first on GlobalFinTechSeries .

FTX floats institutional business, recruits former Coinbase executive

05:27pm, Wednesday, 09'th Mar 2022 Bitcoin Ethereum News
The post FTX floats institutional business, recruits former Coinbase executive appeared on BitcoinEthereumNews.com . advertisement FTX, the crypto exchange founded by Sam Bankman-Fried, has launched a new business geared towards institutional clients to meet Wall Street’s growing interest in digital assets. The new unit,…

FTX Launches Institutional Division and Hires Former Coinbase Executive

05:24pm, Wednesday, 09'th Mar 2022 CryptoPrice Nigeria
To satisfy Wall Street’s growing interest in digital assets, FTX, the crypto exchange created by Sam Bankman-Fried, has launched a new company oriented toward institutional clients. According to a statement released on Wednesday, the new entity, dubbed FTX Access, would first focus on index products…

This Wallet Just Transferred $102M Worth Of BTC Onto Coinbase

05:02pm, Wednesday, 09'th Mar 2022 Benzinga
What happened: An anonymous cryptocurrency wallet holding $102,485,984 of Bitcoin (CRYPTO: BTC ) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: bc1qfpv7fjkkag4e85kwuc4d6ghpu5fsesyn2363kv You can view more details about the transaction here . Why it matters: Cryptocurrency transfers from wallets to exchanges is typically a bearish signal. Most high networth cryptocurrency traders hold their funds … Full story available on Benzinga.com
Cryptocurrency-related stocks including Coinbase Global Inc (NASDAQ:
Public came to the market’s attention during the 2020-2021 savings and investing boom, a period of time that elevated Robinhood and Coinbase to the public markets. Public, initially built along similar lines to Robinhood, has pivoted away from payment-for-order-flow (PFOF) incomes, added crypto to its service and broadened its board in recent months. The mix […]

Bitrise Named One of Y Combinator''s Top Companies in 2022

01:50pm, Wednesday, 09'th Mar 2022 Benzinga
The Mobile Devops Company Ranked in The Top 150 of 3000 YC-Backed Companies, Approximately 35% of Which Are Also Bitrise Users Bitrise , the Mobile Devops company whose platform maximizes all the overall business impact of apps for the world''s most sophisticated mobile organizations, today announced that it has been named one of Y Combinator''s Top Companies in 2022 . Of more than 3,000 YC-backed companies, Bitrise ranks #129 according to its valuation as of February 2022. Bitrise joins companies including AirBnB, Coinbase, Doordash and other market leaders. The mobile space has seen accelerated growth, touching every industry from banking to shopping, as consumers demand more easily accessible experiences in every facet of their lives. As both traditional and emerging companies take a mobile-first approach to growth, mobile teams are under new pressure to not only get mobile apps to market faster and keep up with shifting technical standards; but to build products that have a disproportionate impact on their overall business revenue.

Coinbase Reveals Plan To Comply With Russia Sanctions

09:42am, Wednesday, 09'th Mar 2022 CryptoGazette
Coinbase is addressing the plans to comply with the sanctions against Russia. As you know by now, we are in the middle of a terrible geopolitical situation with the war between Russia and Ukraine. This… The post Coinbase Reveals Plan To Comply With Russia Sanctions first appeared on CryptoGazette - Cryptocurrency News .

Cega Finance raises $4.3M in seed funding led by Dragonfly Capital

08:47am, Wednesday, 09'th Mar 2022 Our Bitcoin News
Claiming to be the first DeFi exotic structured products protocol, Cega Finance has raised $4.3 million in its seed funding round launched in January this year. The seed investment round alone has taken the company’s total valuation to $60 million. The oversubscribed round saw participation from Pantera Capital, Coinbase Ventures, Alameda Research, Solana Ventures, and […] The post Cega Finance raises $4.3M in seed funding led by Dragonfly Capital appeared first on Our Bitcoin News .

Cryptocurrency exchange Coinbase blocks 25,000 Russia-linked wallets

06:13am, Wednesday, 09'th Mar 2022 The Indian Express
Coinbase has blocked over 25,000 addresses related to Russian individuals

Weekly Market Round-Up | Mar 1–7 2022

02:46am, Wednesday, 09'th Mar 2022 Medium
Andre Cronje announces his departure from DeFi, as companies such as OpenSea and Coinbase banned their services to sanctioned areas. Continue reading on HashKey Group »
Highlights Crypto-currency trading platform Coinbase has blocked 25,000 wallet addresses linked to Russian accounts. Bitcoin is holding at just around US$38,200 for the second day in a row, remaining 12 percent below its price just one week earlier. XIDO had been hovering between six and seven dollars throughout most of February before a dramatic turnaround on March 3 where it shot to US$34. Crypto-currency trading platform Coinbase has blocked 25,000 wallet addresses linked to Russian accounts. The popular platform said the addresses were related to Russian individuals or entities, who it believes have engaged in illicit activity. The action taken by Coinbase were made over fears that the accounts could be used to skirt economic sanctions put on Russia in the wake of their invasion of Ukraine late last week. Coinbase''s chief legal officer, Paul Grewal explained the exchange’s move means the sanctioned individuals will no longer be able to access their accounts and that the block will also identify accounts indirectly linked to banned users.
Other investors include Amber Group, Hack VC, Circle Ventures, and angel investors including Balaji Srinivasan (former CTO of Coinbase) and Sandeep Nailwal (cofounder of Polygon).

Coinbase Blocks 25,000 Russian Addresses Linked to ‘Illicit Activity’

12:15am, Wednesday, 09'th Mar 2022 Crypto News Australia
Coinbase has blocked 25,000 addresses from Russian customers supposedly linked to “illicit activity”.
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