CoinDCX CEO Denies $900M Coinbase Acquisition Rumors

CoinDCX CEO Denies $900M Coinbase Acquisition Rumors
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CoinDCX CEO Sumit Gupta has dismissed rumors of a $900 million acquisition by Coinbase, following a recent $44 million security breach. The Indian exchange remains focused on its growth plans despite regulatory hurdles and market speculation.

  • CoinDCX CEO Sumit Gupta denies $900M acquisition rumors by Coinbase, calling them unfounded.
  • The exchange recently suffered a $44M security breach but assured customer funds were safe in cold storage.
  • Coinbase, which exited India in 2023, recently re-registered to offer crypto services under local regulations.
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