Coinbase was founded in June 2012 by Brian Armstrong and Fred Ehrsam. Blockchain.info co-founder Ben Reeves was part of the original founding team but later parted ways with Armstrong due to a difference in how the Coinbase wallet should operate. The remaining founding team enrolled in the Summer 2012 Y Combinator startup incubator program. In October 2012, the company launched the services to buy and sell bitcoin through bank transfers. In May 2013, the company received a US$5 million Series A investment led by Fred Wilson from the venture capital firm Union Square Ventures. In December 2013, the company received a US$25 million investment, from the venture capital firms Andreessen Horowitz, Union Square Ventures (USV), and Ribbit Capital.
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Ledger was born in Perth, Western Australia, the son of Sally Ledger (née Ramshaw), a French teacher, and Kim Ledger, a racing car driver and mining engineer whose family established and owned the Ledger Engineering Foundry. The Sir Frank Ledger Charitable Trust is named after his great-grandfather. He had English, Irish, and Scottish ancestry. Ledger attended Mary's Mount Primary School in Gooseberry Hill, and later Guildford Grammar School, where he had his first acting experiences, starring in a school production as Peter Pan at the age of 13. His parents separated when he was 10 and divorced when he was 11. Ledger's older sister Kate, an actress and later a publicist, to whom he was very close, inspired his acting on stage, and his love of Gene Kelly inspired his successful choreography, leading to Guildford Grammar's 60-member team's "first all-boy victory" at the Rock Eisteddfod Challenge. Ledger's two half-sisters are Ashleigh Bell (b. 1990), his mother's daughter with her second husband and his stepfather Roger Bell, and Olivia Ledger (b. 1996), his father's daughter with second wife and his stepmother Emma Brown.
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In his penultimate film performance, Ledger played the Joker in Christopher Nolan's 2008 film The Dark Knight, which was released nearly six months after his death. While working on the film in London, Ledger told Sarah Lyall in their New York Times interview that he viewed The Dark Knight's Joker as a "psychopathic, mass murdering, schizophrenic clown with zero empathy". For his work on The Dark Knight, Ledger posthumously won the Academy Award for Best Supporting Actor, which his family accepted on his behalf, as well as numerous other posthumous awards, including the Golden Globe Award for Best Supporting Actor, which Christopher Nolan accepted for him. At the time of his death on 22 January 2008, Ledger had completed about half of the work for his final film performance as Tony in Terry Gilliam's The Imaginarium of Doctor Parnassus. Gilliam chose to adapt the film after his death by having fellow actors Johnny Depp, Jude Law, and Colin Farrell play "fantasy transformations" of his character so that Ledger's final performance could be seen in theatres.
^ "Home deaths from Drug Errors Soar". CNN. Associated Press. 28 July 2008. Archived from the original on 22 March 2014. Retrieved 4 August 2008. Deaths from medication mistakes at home, such as actor Heath Ledger's accidental overdose, rose dramatically during the past two decades, an analysis of U.S. death certificates finds. ... The findings, based on nearly 50 million U.S. death certificates, are published in Monday [4 August 2008]'s Archives of Internal Medicine. Of those, more than 224,000 involved fatal medication errors, including overdoses and mixing prescription drugs with alcohol or street drugs. ... Deaths from medication mistakes at home increased from 1,132 deaths in 1983 to 12,426 in 2004. Adjusted for population growth, that amounts to an increase of more than 700 percent during that time.
Directors who have worked with the actor praised him for his creativity, seriousness and intuition. "I've never felt as old as I did watching Heath explore his talents," The Dark Knight director Christopher Nolan has written, expressing amazement over the actor's working process, genuine curiosity and charisma. Marc Forster, who directed Ledger in Monster's Ball, complimented him as taking the job "very seriously", being disciplined, observant, and understanding and intuitive. In 2007, director Todd Haynes compared Ledger's presence to actor James Dean, casting Ledger as Robbie Clarke, a fictive personification of Bob Dylan in I'm Not There. Drawing on the similar characteristics between the actors, Haynes further highlighted Ledger's "precocious seriousness" and intuition. He also felt that Ledger had a rare maturity beyond his years." Ledger, however, disconnected himself and acting from perfectionism. "I'm always gonna pull myself apart and dissect [the work]. I mean, there's no such thing as perfection in what [actors] do. Pornos are more perfect than we are, because they're actually fucking."
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The other 2% of customer funds, held online, are covered in the event of a breach of Coinbase's online storage. Also, Coinbase holds all customer fiat currency in custodial bank accounts, on behalf of customers. So, if you have fiat currency in Coinbase, in a USD wallet, it is covered by FDIC insurance up to $250,000 (just like a "regular" bank). This protects customer assets (so long as they have been converted to fiat currency) even in the event of Coinbase becoming insolvent.
^ Nick Squires (1 April 2008). "Heath Ledger 'fathered a secret love child' ". The Daily Telegraph. UK. Retrieved 6 August 2008. If the claims are proved to be true, Ledger's multi-million pound estate would have to be divided between the child he fathered in his teens and his two-year-old daughter, Matilda Rose, whose mother is Hollywood actress Michelle Williams. ... The actor's parents, Kim and Sally Ledger, have declined to comment on the reports [based on comments by other family members, including his uncle Haydn Ledger].