Coinbase Backs Out of $2 Billion Deal With BVNK: Here is What Happened

"Coinbase, a prominent cryptocurrency exchange platform, has decided to withdraw from its recently announced $2 billion acquisition agreement with BVNK, a financial technology company focused on facilitating blockchain-based transactions. This unexpected turn of events has raised questions about the reasons behind Coinbase's decision, the implications for both companies involved, and the potential impact on the broader cryptocurrency market. In this article, we will delve into the details of what led to Coinbase's withdrawal and explore the ramifications of this significant development." source: https://blocknews.com/coinbase-backs-out-of-2-billion-deal-with-bvnk-here-is-what-happened/