• Paul Grewal joins Coinbase
    Cryptocurrencies,  Regulation

    Paul Grewal poached from Facebook to become Coinbase’s chief legal officer

    He replaces Brian Brooks, who left Coinbase four months ago to join the Office for the Comptroller of the Currency; Grewal may presiding over a Coinbase IPO

    In a July 8 blog post announcing the hire, Grewal was described as a top executive who has “repeatedly encountered some of the largest and most complicated legal issues in tech.”

  • Bison Trails' Aaron Henshaw and Joe Lallouz (Photo: Bison Trails).
    People,  Technology

    Libra-member Bison Trails scores $25 million from Silicon Valley heavy hitters

    Blockchain Capital leads Series A round, explains in exclusive interview why they’re banking on Aaron Henshaw and Joe Lallouz

    Libra Association founding member Bison Trails has raised $25.5 million to expand its business of providing the digital infrastructure on which blockchains rely.

  • Bitcoin,  Ethereum,  Media

    Coinbase drips talent, crypto’s true believers, and Jamie Dimon goes off on Bitcoin (again)

    These are the crypto stories you should be following today

    Coinbase’s Head of Trading Resigns After Six Months on Job (CoinDesk) Hunter Merghart was hired by Coinbase’s general manager, Adam White, to run trading for them back in May. However, White jumped ship to become COO of Bakt in early October. Now Merghart has bailed from Coinbase as well. The company’s VP of corporate and business development, Emilie Choi, said Coinbase’s recent $300 million raise was for “a rainy day”. What if it’s just cloudy with a slight drizzle?   Nasdaq Wants Crypto Market to Stamp Out Fraud—With Its Help (Bloomberg) Crypto markets are more manipulated than Kanye West. So what can be done about it? Nasdaq wants to use…

  • Asiff Hirji, Emilie Choi, and Brian Armstrong
    Cryptocurrencies,  Innovators

    Exclusive: Coinbase set to acquire SF startup Koding

    Fast-growing exchange adds to talent pool with code collaboration platform

    Coinbase, the San Francisco-based digital currency exchange, is firming up an offer to acquire Koding, the cloud-based developer platform that allows coders to collaborate remotely in real time, Modern Consensus has learned. Koding’s technology is well-regarded among the San Francisco VC community, though it’s unclear how rosy its business prospects would be as a stand-alone enterprise. The company claims to have more than 1 million users worldwide. Its premise of real-time matching a person with an idea in, say, Germany with a Python coder in Sri Lanka has attracted early funding from RTP Ventures, Greycroft, Matrix and Khosla. Now, according to sources interviewed by Modern Consensus, Coinbase is in the process of…