Coinbase Took Over Earn.com
April 17, 2018
Earn.com that allowed for the clients to earn digital currency by executing various tasks was swallowed up by Coinbase crypto exchange. The founder of the project Balaji Srinivasan continued carrying out duties as technical CEO. The purchase cost made $100 mln.
The Coinbase board expects Srinivasan both promoting the crypto platform and making crypto industry more popular while the exchange does not give up on the projects by Earn.com and plans to keep the service going.
Coinbase has bought up one of its competitors earlier. This was Cipher Browser, the project that provided ETH wallet and web-browser for its clients.