Coinbase to Launch Open Source Fund

Coinbase announced the introduction of Open Source Fund from which they will be donating $2500 each month to open source projects
08 February 2018   1464

The infamous cryptocurrency exchange Coinbase has made an announcement on February 8 of 2018 introducing the Open Source Fund. The decision was made due to the fact that Coinbase has always relied on open source software to build its systems and products, having open sourced pieces of their own work.

Coinbase Open Source Fund will be donating $2500 each month to open source projects, which will be selected by the members of Coinbase’s engineering team based on Coinbase’s current and future use.

As for the February of 2018, Coinbase stated that it will be supporting Javascript projects which are used across several Coinbase web products, such as Mobx, Webpack, Babel, Styled-components

Coinbase to Acquire Neutrino

Startup will help the exchange to determine the most popular tokens in certain regions for listing on the respective branches of the site
19 February 2019   114

Coinbase cryptocurrency exchange bought analytical blockchain-startup Neutrino. The amount of the transaction was not disclosed, CoinDesk reports.

According to Coinbase product director Varun Srinivasan, the startup will help the exchange to determine the most popular tokens in certain regions for listing on the respective branches of the site.

It is noted that eight employees of Neutrino will be transferred to Coinbase’s London office this week.

We decided to join Coinbase because we’re totally aligned with the company’s mission of building an open financial system and we share the same commitment to regulation, compliance and security in the cryptocurrency space. 
 

Giancarlo Russo

CEO, Neutrino

Earlier in February, the Coinbase venture unit financed a startup Dharma Labs, developing a decentralized lending platform for cryptocurrency traders and investors.