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Coinbase Releases Q2 Financial Report: Net Profit Reaches $1.43 Billion, Far Exceeding Same Period Last Year, But Trading Revenue Drops 39% QoQ
Summary: According to reports, cryptocurrency exchange platform Coinbase revealed in its latest quarterly financial report that the previously exposed user data breach event ultimately resulted in a loss of $307 million. The Q2 performance is as follows: Net profit reached $1.43 billion, far exceeding $36 million in the same period last year; Total trading volume was ...
According to reports, cryptocurrency exchange platform Coinbase revealed in its latest quarterly financial report that the previously exposed user data breach event ultimately resulted in a loss of $307 million. The Q2 performance is as follows: Net profit reached $1.43 billion, far exceeding $36 million in the same period last year; Total trading volume was $237 billion, slightly higher than $226 billion in the same period in 2024; QoQ, trading revenue decreased by 39%, with spot trading volume decreasing by over 30%.
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Link: Coinbase Releases Q2 Financial Report: Net Profit Reaches $1.43 Billion, Far Exceeding Same Period Last Year, But Trading Revenue Drops 39% QoQ [Copy]
