Cryptocurrency exchange Coinbase's swings to quarterly loss on trading slowdown
Cryptocurrency exchange Coinbase Global reported a fourth-quarter loss on Thursday, hit by weaker trading volumes during a period of broad digital-asset selloff. The company…
Cryptocurrency exchange Coinbase Global reported a fourth-quarter loss on Thursday, hit by weaker trading volumes during a period of broad digital-asset selloff. The company reported a loss of $666.7 million, or $2.49 per share, for the three months ended December 31, compared with $1.29 billion, or $4.68 per share, a year earlier. (Reporting by Pritam Biswas and Ateev Bhandari in Bengaluru; Editing by Sriraj Kalluvila)
Source: https://finance.yahoo.com/news/cryptocurrency-exchange-coinbases-swings-quarterly-211420186.html