15 Articles
15 Articles
Coinbase in advanced talks to acquire India’s largest crypto exchange CoinDCX – #CryptoUpdatesGNIT
Key Takeaways Coinbase is in advanced talks to acquire India’s largest crypto exchange, CoinDCX. CoinDCX’s valuation has dropped below $1 billion following a $44 million security breach. Share this article Coinbase is reported to be in advanced negotiations with CoinDCX, one of India’s largest crypto exchanges, over a potential acquisition deal that could strengthen its foothold in this emerging market. CoinDCX may fetch under $1 billion in an …
CoinDCX debunks rumors of takeover talks with Coinbase
CoinDCX, CEO, Sumit Gupta has squashed rumors of a potential takeover deal with Coinbase. In a statement on his official X page on Tuesday, Gupta stressed that the exchange isn’t for sale. While responding to the allegations, Gupta urged all community members to “ignore the rumors”, clarifying that the leadership of CoinDCX is committed to building for the advancement of India’s crypto space. Correspondingly, the CEO added that the exchange wil…
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