Fred Ehrsam Leaves Coinbase, Hints At New Crypto Business Ideas

Fred Ehrsam Leaves Coinbase, Hints At New Crypto Business Ideas

Fred Ehrsam, co-founder of Coinbase, one of the world’s most popular wallet platform and digital currency exchanges, announced his official decision to leave the company to pursue other ideas within the cryptocurrency scene. The announcement of Ehrsam struck as a surprise to the Bitcoin community, mostly because of the position Coinbase holds in the global digital currency market as an industry leader. In an interview with Fortune, he revealed that the strong performance of Coinbase, as both a venture capital-backed company and Bitcoin service provider, was the most important factor that....


Related News

Coinbase's Fred Ehrsam Hints at Other Major Retailers Preparing to Accepting Bitcoin

Fred Ehrsam speaks at a NYDFS hearing on Wednesday. During hearings taking place on the topic of bitcoin and other digital currencies in New York City Wednesday, Coinbase co-founder Fred Ehrsam made an interesting statement on the future adoption of bitcoin when it comes to big business. No longer can we expect both Overstock.com and TigerDirect to be the only major companies accepting your bits, but other big names will soon be jumping aboard, according to Ehrsam. "One great beacon here is major retailers like Overstock, and there have been others, hopping on board," he said, noting that....

Coinbase Co-Founder Fred Ehrsam is Leaving the Company

Former Goldman Sachs trader and Coinbase co-founder Fred Ehrsam is leaving the San Francisco bitcoin startup for new opportunities. Revealed to the company today via an internal meeting, Ehrsam told CoinDesk he intends to now "step back" from his daily duties at the end of January, take some time off, and potentially, plot a new venture in the blockchain industry. "There's a high probability it will be in the crypto space," he said. Ehrsam will continue to hold a position on the Coinbase board. When asked about the reasons behind the move, Ehrsam said that he believes....

Fred Ehrsam, Cofounder of Coinbase Plans to Step Down

Fred Ehrsam, the co-founder of Coinbase has decided to take a break from the company's day-to-day operations. Fred Ehrsam, one of the founders of Coinbase, the leading Bitcoin company has decided to move on to brighter pastures. The cryptocurrency entrepreneur mentioned his intentions in a blog post three days ago. According to Fred, he will be stepping down from the current position in Coinbase by the end of January 2017. He has started the exit process by gradually shedding his responsibilities over time. After seven long years, he seems to be taking a well-deserved break. Fred Ehrsam’s....

Bitcoin market aimed at college students

Coinbase, a San Francisco company created to act as a wallet and platform in which merchants and customers can "transact" with bitcoin, is now offering the digital currency to students. CyptoCoins News reports that any student that signs up for Coinbase will receive $10 worth of bitcoin. Students must verify enrollment by signing up with an email domain ending in "edu." Fred Ehrsam, who founded Coinbase in 2012, used Twitter to announce the limited time offer, which according to Ehrsam's social media account, is currently only "enabled for a small handful of .edus at the moment." He has....

Coinbase reportedly taps Goldman Sachs for IPO

The exchange’s ties to Goldman Sachs go all the way back to Fred Ehrsam, who co-founded Coinbase in 2012 with Brian Armstrong. Digital currency exchange Coinbase has reportedly approached Goldman Sachs to lead its upcoming initial public offering — a move that could bolster the appeal of cryptocurrencies to a broader mainstream audience. Citing two sources familiar with the matter, Business Insider reported Friday that Coinbase is looking to Goldman Sachs to handle its public filing. No additional details were provided. Coinbase has been linked to Goldman Sachs through Fred Ehrsam, the....