Breaking

Monday, April 16, 2018

Coinbase buys Earn.com for "more than $100 million..."

Earn.com is a website that allows users to earn cryptocurrency by 'replying to an e-mail' - which often really should be looked at more as 'completing a survey' as companies can use Earn.com to seek feedback on a variety of projects and apps.

Today, Coinbase acquired Earn.com for an undisclosed amount, which is said to be over $100 million.  In a statement just released from Earn they stated:

"As of today, Earn.com is being acquired by Coinbase! The Earn.com product is going to get bigger and better as a consequence of this deal. You can read more about the acquisition here and the history of the company here. In this post, we want to first briefly introduce Earn.com for new audiences and then explain what this means for our existing users and senders."

Part of the move includes a new role for Earn.com's CEO Balaji Srinivasan, who will now be the first to hold the title of "Chief technology officer" at Coinbase.
-------
Author: Adam Lee
Asia News Desk