Coinbase Nears Final Stage of Acquisition Talks for Indian Exchange CoinDCX
Uk Jin
Summary
- It was reported that "Coinbase" is in acquisition talks with Indian CoinDCX.
- Indian CoinDCX recently announced it suffered hacking losses worth $44 million.
- Coinbase's entry into India is expected to attract investor interest in the local cryptocurrency market.
Coinbase, an American cryptocurrency exchange, is making moves to enter the Indian market.
On the 29th (KST), AggrNews reported, "Coinbase is in negotiations to acquire India's CoinDCX."
Previously, on the 18th, CoinDCX suffered a hacking incident with losses amounting to $44 million.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
