Coinbase Closes Earn.com One Year After $100M Acquisition

Coinbase Closes Earn.com Which Cost It an Estimated $100 Million in 2018Coinbase is shutting down the startup Earn.com which it acquired for an estimated $100 million last year. The email service allowed senders to pay users in digital currency for replying to commercial messages or completing tasks. Also Read: Coinbase Acquires Earn.com for an Estimated $100 Million Coinbase Says Goodbye to Earn.com San Francisco-based cryptocurrency trading […]

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Mining Closures Reveal Recurring Bitcoin Bear Market Trend

Mining Closures Reveal Recurring Bitcoin Bear Market TrendAnother bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U.S.-based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years. Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Bankruptcy to […]

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Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex

Coinbase Acquires Decentralized ERC-20 Trading Platform ParadexOn Wednesday, May 23 the San Francisco based exchange Coinbase announced the acquisition of a decentralized digital token relay-trading platform called Paradex. Alongside adding the decentralized exchange (Dex), the firm has also revealed it is retiring the name GDAX and that platform will soon be known as ‘Coinbase Pro.’ Also Read: Markets Update: Stormy Weather Continues […]

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Coinbase Valuation Jumps from $1.6 Billion to as High as $8 Billion

Coinbase Valuation Jumps From $1.6 Billion to as High as $8 BillionThe meteoric price rally by bitcoin in 2017 has made a lot of people very rich, and perhaps no one more than the owners of the trading venues themselves. Coinbase, which was valued at around $1.6 billion less than a year ago, is now priced at $8 billion by its investors.   Also Read: Bitcoin […]

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Coinbase Acquires Earn.com for an Estimated $100 Million

Coinbase Acquires Earn.com for an Estimated $100 MillionCoinbase has completed the acquisition of Earn.com, an app that lets users get cryptocurrency for answering emails and completing tasks. The Earn startup team joins the company and the founder will serve as its first CTO, as part of the deal. Also Read: Blockchain Mining Completes Bitfarms Merger, Stock Jumps 49% Coinbase’s Latest Acquisition San […]

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