2/19/2019, 1:17 PM (Source: TeleTrader)
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Coinbase acquires Neutrino

San Francisco-based Coinbase announced on Tuesday it acquired blockchain intelligence platform Neutrino, which develops solutions for monitoring, analyzing and tracking cryptocurrency flows, for an undisclosed amount.

"By analyzing data on public blockchains, Neutrino will help us prevent theft of funds from peoples’ accounts, investigate ransomware attacks, and identify bad actors. It will also help us bring more cryptocurrencies and features to more people while helping ensure compliance with local laws and regulations," the company said in a statement.

Cryptocurrencies were still rising, as bitcoin traded 0.56% at 1:16 pm CET, exchanging hands for $4,000.50, while ethereum rose 1.24% to $150.72 concurrently.

Breaking the News / MD