Coinbase buys two startups and strengthens tech department

Coinbase buys two startups and strengthens tech department

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Less than Coinbase bought two startups and attracted their leaders to their own development department.

Coinbase confirmed purchase startup Cipher Browser, which the worked on the development of a mobile browser and digital wallet that supports ether. Company plans carry over many functions of the new acquisitions into Toshi’s own project, and former Cipher head Peter Kim will lead the technical department.

 

Amount and the terms of the deal were not disclosed. Information was published shortly after of how the marketplace announced that in the near future time plans to add support for ERC20 tokens.

Yesterday it became known that the exchange bought Earn.com for $ 30 million. The project is a site where the distribution is carried out cryptocurrencies for completing tasks. Former Earn.com CEO Balaji Srinivasan Will Join Coinbase In quality technical director of the company. About this tweeted by Brian Armstrong, founder and CEO of the exchange.

 

Coinbase buys two startups and strengthens tech department

Earlier, representatives of the trading platform announced that they plan to form their own command professionals who will be develop new open protocols, contributing to the development of leading cryptocurrency projects.

Recall that a large German stock exchange presented new cryptocurrency application.

text: Ivan Malichenko, a photo: MMT

Coinbase buys two startups and strengthens tech department

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