Crypto Winter Comes for Coinbase. Stock Falls After Cruel Quarter.


https://finance.yahoo.com/m/73dbd350-fa39-34a7-b893-276ebf45cdb2/crypto-winter-comes-for.html

The crypto winter has come for digital-assets behemoth Coinbase COIN –10.55%

Coinbase (ticker: COIN) on Tuesday reported a second-quarter loss of $4.98 a share, compared with the $2.47 loss expected by analysts, according to FactSet. The trading platform reported revenue of $808 million, below analysts’ average estimate of $874 million.


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