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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Bitcoin is the world’s first cryptocurrency which works on a completely decentralized network known as the blockchain. The blockchain network consists a link of blocks that are secured using cryptography and record all the transactions. Bitcoin was first presented to the world in 2009 by an anonymous identity known as Satoshi Nakamoto. As Bitcoin works on a decentralized network, it is completely free from the involvement of third-party financial institutions or central banks. The Bitcoin blockchain facilitates instant peer-to-peer transactions at minimum transactions fees required to maintain the network. The total number of Bitcoins is fixed at 21 million with its smallest unit being referred to as Satoshi. Each Satoshi represents a hundred millionth part of Bitcoin which means that 100,000,000 Santoshi = 1 BTC. Additional Bitcoins are generated by a process known as mining. Bitcoins are mined by professional miners solving complex computational equations. For each Bitcoin mined, the miners are rewarded with either more coins or transaction fees. The miners also validate all transactions on the Bitcoin network as well as look after the network security. Bitcoin can be exchanged with fiat currencies or other digital currencies. There are over 100,000 merchants and vendors accepting Bitcoin all over the world.
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^ Jump up to: a b c d e f g Wills, Dominic (2008). "Heath Ledger Biography". Tiscali TV. US. Archived from the original on 16 April 2008. Retrieved 22 April 2008. The Ledger name was well-known in Perth, the family having run a foundry that provided much of the raw material for the famous Perth to Kalgoorlie Pipeline ... The Sir Frank Ledger Charitable Trust, named after Heath's great-grandfather, was renowned for granting funds to the area's universities, paying for visiting lecturers and scholarships for gifted students.
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According to the police, Wolozin, who had arrived early for a 3:00 pm appointment with Ledger, called Ledger's friend Mary-Kate Olsen for help. Olsen, who was in California, directed a New York City private security guard to go to the scene. At 3:26 pm, "less than 15 minutes after she first saw him in bed and only a few moments after the first call to Ms. Olsen", Wolozin telephoned 9-1-1 "to say that Mr. Ledger was not breathing". At the urging of the 9-1-1 operator, Wolozin administered CPR, which was unsuccessful in reviving him.
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"Some people find their shtick," Ledger reflected on the categorisation of style. "I never figured out who 'Heath Ledger' is on film: 'This is what you expect when you hire me, and it will be recognisable'... People always feel compelled to sum you up, to presume that they have you and can describe you. That's fine. But there are so many stories inside of me and a lot I want to achieve outside of one flat note."
^ Gemma Jones and Janet Fife-Yeomans (31 March 2008). "Did Heath Ledger Father a Secret Love Child?". The Daily Telegraph. Australia. Retrieved 25 July 2008. The April will lists only [US]US$145,000 in assets and names the late actor's father, Kim, mother Sally Bell, sister Kate Ledger and half sisters Olivia Ledger and Ashleigh Bell as the only beneficiaries. The New York documents also acknowledge Matilda Rose, as Ledger's only known child, as an interested party.
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^ 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].