Friday, 4 October 2019

Coinbase is in talks to acquire a peer-to-peer rental startup – report @TheBlock__ #Exchanges #acquisition #coinbase

Coinbase is in early talks to acquire rental startup Omni, according to report by TechCrunch. 

The cryptocurrency exchange plans to acquire Omni for its engineering talent to work on th...

Coinbase is in early talks to acquire rental startup Omni, according to report by TechCrunch. 

The cryptocurrency exchange plans to acquire Omni for its engineering talent to work on the Coinbase Earn product. Omni originally started off as a storage service provider before pivoting to enabling users to borrow items from other users on its platform. A Coinbase representative told TechCrunch that there's currently no official deal on the table.

Omni has raised a total of $35M from investors including Flybridge, Highland, and Founders Fund. In 2018, the firm raised $25M from Ripple. 



source https://www.tokentalk.co/The Block/coinbase-is-in-talks-to-acquire-a-peertopeer-rental-startup-report-5d97e5700edc6e2328fa99b5

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This analyst says there’s a “high chance” Bitcoin may never fall under $5k again @cryptoslate #Analysis #Price Watch

Once Bitcoin (BTC) started to incur strong losses in the second half of 2019, analysts were once again making extremely low price prediction...