Perhaps the best-known corporation in all of the cryptocurrency has proclaimed their crucial first acquisition. Coinbase has purchased Earn.com, a startup that permits users to be reimbursed in digital currency for responding to emails and finishing small tasks.
According to Recode, Coinbase has bought Earn.com for more than $100 million. Along with the attainment, there are some supplementary perks for digital currency exchange too. The buyout will ensure Coinbase brings Balaji Srinivasan on board as the first Chief Technology Officer. As per the blog post by Brian Armstrong, Coinbase CEO, Srinivasan is “among the most respected technologists in the digital currency field”.
A brief gaze at his resume provides clear indication as for a reason Coinbase would want seek to fill the duty of CTO. Srinivasan has qualifications of up to PhD level in Electrical Engineering, and an MS in Chemical Engineering. These were given by Stanford University where he likewise teaches several subjects. These include genomics, data mining, statistics, and blockchain courses.
[Video 1] Coinbase Acquires Earn.com for an Estimated $100 Million - Bitcoin News
[Video 2] Coinbase is Now Owner of Earn dot com For A $100 Million
