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   1078

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 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.


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.