Coinbase Acquires Decentralized Crypto Wallet

Cipher Browser is the full-featured mobile dapp browser and wallet for the Ethereum blockchain, which allows users to interact with dapps powered by Ethereum
16 April 2018   669

A week ago we have reported about the launch of Coinbase Ventures, whose goal is to help the most compelling companies to flourish. Its focus is on building strong relationships and helping to spur on the development of the ecosystem. It has emerged that Coinbase is going to buy the open source, decentralized application and wallet, Cipher Browser.

Coinbase and CipherCoinbase and Cipher

Cipher Browser is the full-featured mobile dapp browser and wallet for the Ethereum blockchain, which allows users to interact with dapps powered by Ethereum on mobile devices, and makes it easy to securely store, send and receive Ether and ERC20 tokens.

Both companies are committed to building the best Web 3 experience on mobile, as the Cipher Browser stated. 

Previously we have reported that Coinbase announced that in the coming months it will provide its users with the opportunity to withdraw coins that appeared as a result of the forks of the Bitcoin network.

Coinbase to Present Toshi

Company believes that it can be a starting point for decentralized Internet
16 August 2018   414

Coinbase announced the launch of Coinbase Wallet called Toshi, which the company's specialists have been working on for the past year and a half.

According to the company's representatives, Coinbase Wallet should be viewed not simply as a tool for accessing cryptocurrencies, but as a starting point for decentralized Internet.

We believe that the applications of the future will be built on a decentralized internet (the blockchain). Everyone will own a crypto wallet that allows them to access decentralized applications (dapps) and that wallet will be their gateway to the open financial system.
 

Coinbase

Tooshi development started back in April 2017 under the Ethereum messager Token name. Last months the product development was headed by Peter Kim, the founder of the startup Cipher Browser, which was acquired by Coinbase in April this year.

Toshi features:

  • ERC 20 tokens and Ethereum support
  • Airdrop and ICO tokens support
  • Purchasing and storing crypto collectibles
  • Exchange trade

Coinbase Wallet also allows users to send payments anywhere in the world, giving them access to leading decentralized exchanges and decentralized third-party applications.