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Crypto Exchange Coinbase Narrows Losses Thanks to Cost Reduction Strategy

Major US-based crypto exchange Coinbase has reported a smaller loss in the second quarter this year compared to the same quarter last year, while its revenue exceeded analysts’ expectations. Coinbase’s loss for the quart...

Crypto Exchange Coinbase Narrows Losses Thanks to Cost Reduction Strategy
Major US-based crypto exchange Coinbase has reported a smaller loss in the second quarter this year compared to the same quarter last year, while its revenue exceeded analysts’ expectations.
Coinbase’s loss for the quarter came in at $97 million, down from $1.1 billion a year before, the firm’s financial report for the second quarter showed....
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