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Market Cap:
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Bitcoin Bitcoin Share: 60.25%
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CoinGape
2022-11-03 21:05:05

Coinbase Reports Net Loss of $545 Million in Q3 2022

Coinbase Reports Net Loss of $545 Million in Q3 2022

On Thursday, the cryptocurrency exchange Coinbase revealed its third-quarter revenue fell short of analysts’ expectations and had a larger-than-expected loss. As traders & retail investors abandoned the crypto market during the ongoing bear market, revenue fell more than 50% from a year earlier. Financially, the company suffered a loss of $545 million after Coinbase had The post Coinbase Reports Net Loss of $545 Million in Q3 2022 appeared first on CoinGape.

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