Coinbase continues to grow with its acquisition of Earn.com this week, getting both a CTO and a company out of the deal. In the meantime, the New York Attorney General is working to bring greater transparency into how cryptocurrency exchanges operate with a letter and a three-page questionnaire going out to 13 exchanges, one of which is Coinbase.
The seemingly neverending struggle to find a new online ad model continues with a new proof of concept slated to be released next month from a triumvirate of companies with different interests in the question, IBM, Salon and AdLedger. Advertising however is the least of the problems faced by Telegram as Russian security forces try to crack down on the popular messaging app, even going so far as to block huge swathes of IP addresses.
Featured stories by Amy Castor and Nick Marinoff
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Coinbase Buys Earn.com, Gaining Top Talent in the Process[2]
Cryptocurrency exchange Coinbase is buying Earn.com, a social network that allows users to earn digital currency by replying to emails and completing small tasks online. In the process, Coinbase has made Earn.com[3] co-founder and CEO Balaji Srinivasan[4] its CTO.
Coinbase has been on a bit of a buying binge lately having just acquired Cipher Browser[5] last week, making Earn.com their fifth acquisition. While Coinbase hasn’t revealed how much they spent, it is telling that Earn.com has raised more than $120 million in a series of funding rounds. In addition to the tech talent and technology acquired by Coinbase, Srinivasan said the plan is to “scale it up[6] across Coinbase’s massive user base.”
