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InCoinbase became the was going to buy Robinhood FTX has attracted interest from. Despite being a relatively new in the news for bailing person in crypto with his several marquee investors.
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Coinbase CEO on Binance Buying FTXAccording to Bank of America, it feels confident Coinbase is "not another FTX" given that it has $5 billion of cash on hand and had just $ Crypto exchange FTX has listed futures contracts of Coinbase ahead of its initial public offering (IPO). Coinbase's $1 billion worth of notes that mature in October are trading at about 55 cents on the dollar, up just barely from their November.
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