Coinbase Exchange Acquires Startup for $120 Million

Home / Coinbase Exchange Acquires Startup for $120 Million

In less than a week after acquiring Cipher Browser, a mobile Ethereum wallet that also allows users to access decentralized applications, Coinbase announced its second buyout. was initially developed as Bitcoin mining startup, but later evolved into a cryptocurrency-based professional networking platform that allows users to earn Bitcoin by answering emails and completing other admin tasks. The company is developing an ERC20 token to power its platform in place of Bitcoin.

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