CoinDCX No Accept $900M Buyout We Coinbase Wan Do Amid $44M Hack
CoinDCX CEO Sumit Gupta talk say na true di tori wey sey Coinbase dey for advance talk to buy di Mumbai-based exchange for $900 million, e call di rumor dem "false" and e talk say CoinDCX dey committed to grow India crypto market. Dis denial happen after di $44.2 million hack on internal wallet, afta which CoinDCX start $11 million bounty program and assure say customer money still dey safe. Coinbase wey get stake for CoinDCX and CoinSwitch, and registered wit India Financial Intelligence Unit, neva talk anything for di speculation of buyout. Wit over 13 million users, CoinDCX still dey focus on independence, better security and Web3 expansion despite regulatory wahala wey dey for India.
Neutral
CoinDCX clear talk say dem no dey buy Coinbase kill all di tori wey fit make people dey reason say token go ginger, but di $44M internal wallet hack—wey dem don cover well well and no customer lose—na security warning. Di $11M bounty program wey come after plus di assurance say funds dey safe stop long-term worry. All dis thing show say market believe sey CoinDCX go remain independent and grow for India, e balance small small short-term caution with user growth, make outlook neutral.