Coinbase Posts Quarterly Loss as Crypto Market Turmoil Hits Trading Volumes
Crypto News

Coinbase Posts Loss as Crypto Market Turmoil Hits Trading Volumes

Coinbase Global reported a larger-than-expected quarterly loss as investors worried by this year’s rout in risky assets shied away from trading in cryptocurrencies, sending its shares down 6 percent after the bell on Tuesday. Trading volumes at the cryptocurrency exchange more than halved to $217 billion (roughly Rs. 17,25,130 crore) in the second quarter, with retail participation sinking […]