Coinbase Reportedly in Talks to Acquire India’s CoinDCX Exchange

Coinbase is reportedly negotiating to acquire CoinDCX, one of India’s leading cryptocurrency exchanges, according to Wublockchain, citing local Indian media. CoinDCX previously suffered a $44 million hack but has since recovered. This incident may be one of the reasons the exchange’s valuation has dropped significantly—from its previous peak of $2. 2 billion to below $1 billion today source: https://beincrypto.com/coinbase-in-talks-to-acquire-indias-coindcx-exchange/