Balaji Srinivasan, Coinbase’s CTO is leaving Cryptocurrency Exchange

Must Read

Make Sure You Trade Crypto In The Weeks To Come

Global finance has seen some massive shifts caused by the worldwide coronavirus pandemic, COVID-19. Despite all of this...

Bitcoin (BTC) Prices Priming Up To Fall Again, A Major Bull Trap Is Emerging

Bitcoin prices might fall against the market odds in upcoming days. Bitcoin already acquired the flat trend and...

Messari Analyzed The Impact Of The Percentage Of Total Tokens Staked Over Price

Over the last few years, staking has been a popular trend in the digital currency market. With the...
5d53ab6f4b523-bpfull
Arushi Dubey
Arushi Dubey is a student of Bachelor in Arts( Psychology). She is pursuing Psychology in arts with English literature and French Language. She is well versed in the English language. She is good at expressing her thoughts into words. She is still getting more and more trained in gathering knowledge related to Crypto Currencies and expressing them.

The cryptocurrency market is full of different kinds of news and rumors these days. The market is full of bullish or bearish market news, stabilities of coins in the market and bitcoin’s creator ‘Satoshi Nakamoto’s’ identity revelation news.

One more news has come out in the cryptocurrency market today, that Coinbase’s Chief Technology Officer, Balaji Srinivasan declared that he would be quitting the virtual currency exchange on May 4, 2019.

He tweeted about this yesterday stating “Really enjoyed my time at Coinbase working my friend Brain Armstrong.” He further concluded that “I’ll be taking a bit of time off to get back in shape.”

This news has shocked all the cryptocurrency industry. This news also has indicated that there has been some kind of disturbance inside the cryptocurrency exchange.

The speculations arise more when the Founder of Bitcoin Advisory, Pierre Rochard tweet about the situation and stated that “I’m not surprised @balajis had to leave @coinbase, he was trying to fix things!”

This tweet by Pierre Rochard arises the question that ‘is there really something is going on in the Coinbase virtual currency exchange and because of that Srinivasan has left the exchange suddenly.’

Srinivasan is a serial entrepreneur and engineer by profession and he has helped and co-founded many start-up businesses. Earn.com which was obtained by cryptocurrency exchange Coinbase for value $120 million in April last year. It was then merged with the exchange and change into Coinbase Earn. Srinivasan has also assisted with the establishment of the Coinbase’s stablecoin “USD Coin”.

The reputation Balaji Srinivasan holds in the virtual currency market as a technologist is great. He is one of the most respected technologists in the crypto industry. It is obvious that the news of him leaving the industry arises so many questions and speculations in the industry.

Before working as CTO’s in Coinbase, he has worked Before working as CTO’s in Coinbase, he works includes as the general partner at software firm named ‘a16z’, he also worked as the CTO and co-founder of the Counsyl. Even Coinbase’s CEO Brian Armstrong stated that Srinivasan is “one of the most respected technologists in crypto”.

The duration of Srinivasan’s leaving the industry is yet not clear and it is also not clear that who will take his place at Coinbase.

Hot News

Make Sure You Trade Crypto In The Weeks To Come

Global finance has seen some massive shifts caused by the worldwide coronavirus pandemic, COVID-19. Despite all of this current volatility, analysts do believe...

Bitcoin (BTC) Prices Priming Up To Fall Again, A Major Bull Trap Is Emerging

Bitcoin prices might fall against the market odds in upcoming days. Bitcoin already acquired the flat trend and start facing resistance from the...

Messari Analyzed The Impact Of The Percentage Of Total Tokens Staked Over Price

Over the last few years, staking has been a popular trend in the digital currency market. With the launch of the aristocrats, Cosmos...

Bitcoin Price Analysis: BTC Price Crosses $6800 After Long Consolidation Period

Bitcoin price has finally crossed the price mark of $6800 indicating bulls are marching for $7k. Bitcoin's current price now is at the...

EOS Nation Partnered With Bancor To Launch A New DeFi  Platform xNation

EOS Nation partnered with Bancor to launch a new platform called xNation. With the help of this platform, the user can introduce and...

Ethereum Classic (ETC) Facing Variations Above The Crucial Level of $5.05

ETC is in negative momentum and it can drop down below price level of $5.05. ETC/BCH pair is suffering a major loss of...

Partners

Bitcoin (BTC) Prices Priming Up To Fall Again, A Major Bull Trap Is Emerging

Bitcoin prices might fall against the market odds in upcoming days. Bitcoin already acquired the flat trend and start facing resistance from the...

Messari Analyzed The Impact Of The Percentage Of Total Tokens Staked Over Price

Over the last few years, staking has been a popular trend in the digital currency market. With the launch of the aristocrats, Cosmos...

Bitcoin Price Analysis: BTC Price Crosses $6800 After Long Consolidation Period

Bitcoin price has finally crossed the price mark of $6800 indicating bulls are marching for $7k. Bitcoin's current price now is at the...

EOS Nation Partnered With Bancor To Launch A New DeFi  Platform xNation

EOS Nation partnered with Bancor to launch a new platform called xNation. With the help of this platform, the user can introduce and...

RELATED NEWS

Make Sure You Trade Crypto In The Weeks To...

Global finance has seen some massive shifts caused by the worldwide coronavirus pandemic,...

Bitcoin (BTC) Prices Priming Up To Fall Again, A...

Bitcoin prices might fall against the market odds in upcoming days. Bitcoin already...

Messari Analyzed The Impact Of The Percentage Of Total...

Over the last few years, staking has been a popular trend in the...