Coinbase announced on 17th February an aquisition of Neutrino, a blockchain intelligence platform. Coinbase’s goal is to bring an open financial system to the world and Neutrino should help them with that by analyzing data on public blockchains. Blockchain intelligence is increasingly important.
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, said Varun Srinivasan, an engineering director, on the Coinbase Medium blog.
Neutrino will keep its team members and stay in London.