Digital currency exchange Coinbase buys Earn.com

From left to right Asiff Hirji — President & COO Balaji Srinivasan — CTO and Brian Armstrong — CEO

From left to right Asiff Hirji — President & COO Balaji Srinivasan — CTO and Brian Armstrong — CEO

Coinbase Inc. today said it has acquired Earn.com Inc., a Silicon Valley startup that offers bitcoin payments to users who respond to emails and undertake small tasks.

The $1.6 billion cryptocurrency exchange announced Monday that it had acquired Earn.com, a crypto company founded by Balaji Srinivasan, a former general partner at Andreessen Horowitz.

Échauffourées entre jeunes et policiers dans le quartier du Mirail — Toulouse
Ce n'est qu'aux alentours de 23h, après plus de 3h d'affrontements, que les pompiers ont pu intervenir et mettre fin au sinistre. Ce prisonnier était en détention provisoire dans le cadre d'une affaire criminelle qui a eu lieu dans un autre département.


The terms of the transaction weren't disclosed, but Axios reported earlier this month that the companies had discussed a purchase price of more than $100 million. Srinivasan will also take on an evangelist role for Coinbase and cryptocurrency at large, "educating the world and recruiting crypto-first talent to the company", Coinbase CEO Brian Armstrong said in a blog post. He also holds degrees in electrical engineering chemical engineering from Stanford University and has taught courses in data mining, stats, genomics and blockchain.

It's the fifth acquisition Coinbase has made to date and the second since poaching LinkedIn's ‎mergers and acquisitions boss Emilie Choi.‎.

NASA launches planet-hunting TESS spacecraft from Cape Canaveral
A new satellite, set to launch today, is expected to find thousands more planets outside of our solar system, known as exoplanets. When is the launch and how can I watch it? Since then, it was able to discover 2,000 exoplanets in the galaxy .


The Earn.com deal follows Coinbase's acquisition last week of Cipher Browser, a mobile decentralized application browser and wallet.

Coinbase has been busy on acquisition front. The company also hired Tina Bhatnagar from Twitter recently.

Ravens Showing Strongest Interest In Dez Bryant
Bryant, who played eight seasons in Dallas, has seen a dramatic drop off in productivity the past few seasons. Though he's no longer the same player, he still seems to have plenty left in the tank.


The founder of CoinRoutes, Dave Weisberger, told Business Insider that Coinbase should focus its resources on understanding markets and regulations and developing its trading technology, which is not at the same level as more established exchanges like the New York Stock Exchange or the Nasdaq. Earn, which was originally backed by Andreessen Horowitz, and Tyler and Cameron Winklevoss, can compensate users in any country for replying to an email or completing a simple task, even if they don't have a bank account. Many platforms in the cryptocurrency space, at the moment are hypothetical.

Latest News