In its continued effort to dominate the United States’ blockchain industry, popular cryptocurrency exchange Coinbase has officially acquired Earn.com — a paid inbox service and popular social network which affords users the ability to earn, spend, and donate Bitcoin. Additionally, the San Francisco-based company has hired Earn.com’s CEO, Balaji Srinivasan, to act as Coinbase’s first-ever chief technology officer.
‘Everyone is Aligning Behind Coinbase’
Coinbase continues to send some serious waves through the United States blockchain market, this time with the high-profile acquisition of Earn.com and – perhaps more importantly – its CEO, Balaji Srinivasan.
Srinivasan, who teaches courses at Stanford and is one of the world’s foremost proponents of blockchain technology, will assume the role of Coinbase’s first-ever chief technology officer.
Got a nice announcement for you today in three parts. First, Earn is joining Coinbase! Read all about it here: https://t.co/6oIbrP1Vg7
— Balaji S. Srinivasan (@balajis) April 16, 2018
At the time of this writing, the terms of the deal have not been made public. However, media startup Axios has claimed that the purchase price is “north of $100 million (plus …
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