Wu Shuo learned that according to Indian media Livemint, the US cryptocurrency exchange Coinbase is in deep acquisition negotiations with the local Indian platform CoinDCX, with a valuation of less than $900 million, far below its high of $2.2 billion three years ago. Sources say Coinbase sees this as a 'long-term bet on the Indian market'. Previously, CoinDCX was hacked on July 19th, resulting in a loss of approximately $44 million. Coinbase has not responded positively to the acquisition rumors. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=46332