Tuesday, October 30, 2018

Coinbase Raises $300 Million Reaching $8 Billion Valuation

The San Francisco based cryptocurrency exchange  service Coinbase announced on Tuesday that it had raised $300 million in series E equity funding. This latest round confirms Coinbase’s status as the largest cryptocurrency organization of its kind, bringing its market valuation up to $8 billion.

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Vitalik Buterin and Ethereum in problem

As I have mentioned several times, at current throughput max of 20 tps, the 1.3MM daily transactions of Ethereum is a hard cap. So until Et...