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Coinbase reports Q3 revenue down 35% YoY

Coinbase reports Q3 revenue down 35% YoY to $1.22B, in line with est., and net income up 66% to $719M, its first profit in a year, on unrealized crypto gains

Coinbase Global Inc. returned to profitability for the first time in a year while posting a quarterly decline in revenue …

Source: Bloomberg · Opens in new tab