Cryptopolitan
2023-05-05 17:01:17

Coinbase’s dramatic comeback: Q1 losses shrink as exchange turns the tide

Coinbase revealed a net loss of $79 million in Q1, marking its fifth consecutive quarter of negative net income. However, this figure is a significant improvement compared to 2022’s losses. The leading crypto exchange saw net revenues grow by 22% and total operating expenses decrease by 24% within Q1 2023. Coinbase described Q1 as a … Coinbase’s dramatic comeback: Q1 losses shrink as exchange turns the tide Read More »

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