Coinbase is in talks to acquire India's CoinDCX at under $1 billion, per Mint. The deal comes after a $44 million hack hit CoinDCX, though no user funds were lost. Coinbase sees it as a discounted long-term bet. It also owns stakes in rival CoinSwitch. Meanwhile, Jefferies raised COIN's target to $405. Retail sentiment on Stocktwits stayed 'bearish'.
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01:57 pm on
29 Jul