Coinbase circles CoinDCX after $44 mn crypto heist | Company Business News
US cryptocurrency giant Coinbase is in advanced discussions to acquire India's CoinDCX as the local crypto exchange recovers from a $44 million hack, two people aware of the development said.
A deal may value CoinDCX, one of India’s largest crypto exchanges, at less than a billion dollars, sharply below its peak valuation of $2.2 billion three years ago, the people cited above said on the condition of anonymity. If completed, the acquisition would mark a deeper push by Coinbase into India, where...
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