Coinbase Acquires Earn.com Project

Earn’s co-founder and CEO will join Coinbase as the company’s first Chief Technology Officer
17 April 2018   1655

On April 16, Coinbase cryptocurrency exchange has announced the acquisition of another startup they found promising. Earn.com is a projects which is developing an app which should allow senders to pay users in digital currency for replying to emails and completing tasks.

A week ago we reported about the launch of Coinbase Ventures, whose goal is to help the most compelling companies to flourish, and yesterday we found out that Coinbase buys the open source, decentralized application and wallet, Cipher Browser.

Coinbase and Earn collaborationCoinbase and Earn collaboration

Moreover, along with Earn.com acquisition, Coinbase also welcomed Earn’s co-founder and CEO, Balaji Srinivasan, who will join Coinbase as the company’s first Chief Technology Officer (CTO).

Over the last several years, the primary way most people have obtained cryptocurrency is through buying it, with many of these transactions facilitated by Coinbase. With this acquisition, we allow users to also earn crypto by doing things they already know how to do — like replying to emails and filling out surveys.
 

Earn.com announcement

For the users of Earn.com, everything will continue as before in the short term, with one exception as Earn.com has put the token launch on the back burner and plans to focus on integrating with Coinbase’s infrastructure and scaling up the service.

Crypto Thief's Apology to Cost Him $15K

Thief was going to send the apology email to his victim, but by mistake sent it to the detective
03 September 2019   180

A 29-year-old New Jersey resident stole over $ 15,000 in cryptocurrency using a Connecticut resident's mobile phone, which he appropriated while at an airport in California, writes nj.com.

Darren Carter has been charged with misappropriation of personal data. According to the police, at one of the stages of the four-month investigation, the detective involved in this case received an email with an apology from the suspect himself, which he intended to send to his victim, but made a mistake.

Carter was in Salem prison on unrelated charges when detectives from Jersey came to him on August 26 to arrest him.

The victim turned to the police on April 17, reporting the loss of $ 15,472.31 on the account of Coinbase. Police later found that the cryptocurrency was converted into US dollars and withdrawn to a PayPal account within a few hours of the theft of the phone.

Having executed several search orders, the investigators went to Carter. The stolen funds were restored using PayPal and returned to the victim.