Coinbase Revenue Down 28% as Trading Volume Sinks Amid Brutal Bear Market
Transaction revenue fell 44% compared to the second quarter as fewer users were active on the crypto exchange.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Coinbase Derivatives pauses futures trading for up to nine hours of maintenance
The maintenance highlights the importance of disaster recovery readiness and could bolster user trust, paving the way for 24x7 tra...
BNB Chain processes 1.51B transactions in Q3 as tokenized equity trading jumps 11x
BNB Chain's surge in tokenized equity trading highlights a shift towards decentralized finance, potentially reshaping traditional...
Kraken Lists SFI As Saffron Puts Uniswap Trading Fees At The Center Of Its Product
Kraken added SFI trading on October 23, bringing fresh exchange access to a token attached to a protocol that has changed substant...
BNB Chain Tops Solana, Robinhood as Equity Volume Jumps 11x to $25.6B
BNB Chain emerged as the leading blockchain for tokenized equities in the third quarter, with trading volume surging to about $25....
Kalshi and Polymarket hit record $2.7 billion in weekly crypto volume
The surge in crypto prediction market volume highlights a shift towards short-term speculative trading, impacting traditional trad...
Lido Puts Liquidity Buffers At The Center Of Ethereum ETP Yield Debate
An Ethereum investment product can advertise staking exposure without putting every unit of its ETH to work. Lido’s October 23 com...