Bitcoin Watch – Coinbase set to purchase Earn.com for USD100 million

Coinbase, the popular digital currency exchange, announced it is set to purchase Earn.com, the technology which allows senders to pay users in digital currency for replying to emails and completing tasks. As part of the deal, Earn’s co-founder and CEO, Balaji Srinivasan, will join Coinbase as the company’s first Chief Technology Officer (CTO). CNBC has reported that the deal is worth approximately USD100 million.

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