Coinbase VP of Business and Data Will Leave Over Mission Statement
In a LinkedIn post, Vice President of Business and Data Dan Yoo announced he is leaving the company after CEO Brian Armstrong's blog post saying the company was moving in an ‘apolitical’ direction and later offered a severance package for employees who disagreed.
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Almost immediately after publicizing their support for Gavin Andressen’s BIP 101 and Bitcoin XT, Coinbase was removed from Bitcoin.org. The de-listing of Coinbase’s bitcoin wallet platform followed a major upheaval in the Bitcoin community, as many of its members began to contest against Bitcoin.org’s unsupported decision to remove the world’s 2nd largest bitcoin wallet application from its website. Over 95% of the individuals who voted on Github to revert the removal of Coinbase has been completely ignored, enraging the bitcoin community for Bitcoin.org’s actions and settlements which....
Brian Armstrong took to Medium to elaborate upon the Coinbase mission. The 100 person company, Armstrong notes, had grown too large for them to communicate daily with all of their employees, and therefore “we decided to craft a clear vision, mission and strategy for the company.” While he describes the process to determine the vision, the mission and the strategy of Coinbase, Armstrong imparts the company culture “tends to look down on big meetings and ‘fake work.’” During the inquiry, Coinbase highlighted some digital currency fundamentals. Digital currencies would lead to innovation by....
The founders of Bitcoin startup Coinbase, Brian Armstrong and Fred Ehrsam, are on a mission possible. Their mission is to spread Bitcoin use to the masses around the world. It is their mission to convince the masses that Bitcoin is not some left-wing plot to bring down governments. It is their mission to end the perception that Bitcoin is a scam. It is also their mission to educate everyone that it may perhaps become the most singular invention of the 21st century. Indeed, one bit step and a giant leap for mankind. Also read "Coinbase also offers In-App Bitcoin Payments" and "Coinbase....
The New York State Department of Financial Services (NYDFS) has awarded cryptocurrency exchange Coinbase a formal license to do business in the state. Though Coinbase has been allowed to serve New York customers under a safe-harbor provision while the application process was being conducted, the formal award of the so-called "BitLicense" solidifies the exchange's operating status. Coming at a time when the exchange has been waging what could be an expensive legal battle with the IRS to protect its customer data, the license is being described as a "validation" of....
Coinbase announced on their blog Tuesday that they're adding a total of five new employees to their team. The group of new hires is made up of three software engineers, a manager of business development, and a recruiting director. Let's take a brief look at what the software engineers have done in the past to see what they could possibly be doing for Coinbase: Adrian Macneil, whom, according to his Linkedin page has actually been working at Coinbase since April, has experience in "architecting and implementing highly secure and stable mission-critical systems" and "e-commerce software."....