Coinbase chief Brian Armstrong Isn’t Interested in FTX U.S.
The contagion of the FTX token collapse has spread across the entire crypto market. On Tuesday, November 8, the broader crypto market lost nearly $100 billion tanking by 10%. The Coinbase (NASDAQ: COIN) stock also collapsed by 10% ending Tuesday’s trading session at $50. Binance announced the buyout of the FTX exchange following a plea from Sam Bankman-Fried. However, this buyout is only for the non-U.S. businesses of FTX. At the same time, Coinbase chief Brian Armstrong also said that he’s...