Balaji S. Srinivasan, founder of Earn.com and CTO of Coinbase, publicly announced his exit from the company in a pair of Tweets last night.
"Coinbase was fun and it was energizing working with so many great people. I'll be taking a bit of time off to get back in shape - and up to speed on everything happening while I was heads down," he wrote.
"The Earn integration was successful and we've closed ~$200M in deals for the new Coinbase Earn. Was also my privilege to help with shipping new assets, launching USDC, & getting staking/voting going."
Coinbase bought Earn.com in 2018 and made Srinivasan CTO after months of rumors.
Earn started as the secretive and well-funded 21E6 aka 21.co which released a mining product before pivoting to a service that paid users for answering questions.
Srinivasan is Stanford graduate who holds a PhD in Electrical Engineering and an Masters in Chemical Engineering.
"We are very grateful to Balaji for all of his contributions to Coinbase," wrote a Coinbase PR spokesperson.
2/2 Coinbase was fun and it was energizing working with so many great people.
I'll be taking a bit of time off to get back in shape - and up to speed on everything happening while I was heads down.
Srinivasan's exit is one of many that happened after the company's $300 million raise.
Earn.com Founder Balaji S. Srinivasan Is Leaving Coinbase
Publicado en May 4, 2019
by Coindesk | Publicado en Coinage
Coinage
Noticias recientes
Ver todo
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.