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QUARTERLY LOSS COINBASE
Coinbase shares take hit on quarterly loss, analysts back diversification strategyCoinbase shares declined in premarket trading after reporting a third consecutive quarterly loss. Bitcoin's value has fallen significantly,...
RBI backs crypto ban, tax department warns of evasion risks, documents showIndia's central bank has reiterated its preference for a cryptocurrency policy "leaning towards prohibition," warning that crypto assets an...
US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fearsWall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. ...
Cloudflare to cut about 20% of 5,000-plus workforce as AI adoption reshapes operationsCloudflare announced significant layoffs, cutting approximately 20% of its workforce, impacting over 1,100 global employees. This restructu...
Coinbase posts third-quarter profit on trading strengthCrypto markets have been volatile this year, with some of the key assets gaining after the US Securities and Exchange Commission approved a...
Coinbase shares near two-year high as ETF euphoria boosts trading volumeThe stock rallied 14% to $189.28 and added more than $5 billion to the company's market value. Trading fees for Coinbase improved as invest...
Coinbase Q4 Results: Co posts profit on robust trading, higher interest incomeCoinbase Global swung to a fourth-quarter profit, helped by strong growth in transaction volumes and higher interest income earned on its s...
Crypto exchange Coinbase posts first profit in two years on robust tradingThe crypto exchange now expects a strong first quarter for its subscription and services unit, which houses businesses other than trading. ...
Coinbase posts first profit in two years on robust tradingInvestor enthusiasm for crypto was rekindled in recent months by the U.S. Securities and Exchange Commission's (SEC) highly anticipated app...
Low-cost spot bitcoin ETFs threaten to erode Coinbase margin, trading volumeCoinbase, the largest listed cryptocurrency exchange, could face negative impacts on its trading volume, margin, and trading commissions du...
Coinbase’s quarterly crypto trading volume likely lowest since before public debutThe largest US digital-asset platform registered about $76 billion in spot trading volume, a drop of 52% from the year-ago period, accordin...
Coinbase revenue beat estimates, executives expect to win battle with SECThe company and its rival Binance were sued by the U.S. Securities and Exchange Commission in June. It alleged that Coinbase traded at leas...
Coinbase revenue beat estimates, executives expect to win battle with SECThe company and its rival Binance were sued by the US Securities and Exchange Commission in June. It alleged that Coinbase traded at least ...
Crypto exchange Coinbase posts smaller loss on cost cuts, more revenue sourcesThe company has benefited from its deal for One River Digital Asset Management to ramp up product offerings in subscription and services re...
Crypto exchange Coinbase posts smaller loss on cost cuts, more revenue sourcesCoinbase reported a smaller-than-expected loss in its Q1 earnings, citing diversification of revenue sources and cost cuts. The exchange al...
Coinbase swings to quarterly loss as crypto winter hits trading volumeThe digital assets market suffered from dour sentiment over the last year, but the biggest blow to the sector came from the bankruptcy of S...
Coinbase paused transactions in US for hours, restored nowAnother Coinbase user tweeted: "I have already called and spoke with a support member and have been told the transactions are not even maki...
Coinbase posts loss as crypto market turmoil hits trading volumes"Coinbase did not see a mass migration off its platform during the quarter, but its users are becoming more passive in their cryptocurrency...
Coinbase will go slow on hiring in India as markets face a downturnCoinbase’s revenue dropped 27% from a year ago, while it reported a net loss of $430 million in the first quarter of 2022. The company’s st...
Coinbase CEO Brian Armstrong says new disclosure does not mean firm faces bankruptcy riskBrian Armstrong made his comments after Coinbase said on Tuesday that, in the event of bankruptcy, crypto assets held by the exchange could...