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November 30, 2021
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Crypto Giant Coinbase Acquiring Israel’s Unbound Security

Source: algemeiner.com algemeiner.com
Key Topics in this News Article:
Acquisition Bitcoin Blockchain Computer Coronavirus crypto Currency Economy Encryption Finance Fintech Goldman Sachs Healthcare Israel Judaism Medicine Poland Religion Technology University Venture Capital
News Snapshot:
A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Photo: REUTERS/Kacper Pempel/File Photo. CTech – American cryptocurrency exchange Coinbase has made its first acquisition in Israel, purchasing cryptographic key management and protection startup Unbound Security. Coinbase, which has a market cap of almost $69 billion, and Unbound refused to reveal the cost of the acquisition, but according to industry estimations it is believed to be more than $150 million. Coinbase will set up an Israeli R&D center based on Unbound’s infrastructure. Unbound was founded in 2015 by world-renowned cryptographers Professor Yehuda Lindell,...
Note: Please don’t mind the mess. Some source code may appear in the Snapshot above as we train our A.I.
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