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Coinbase recorded a net loss of $394 million for two consecutive quartersTechub News, according to Channel NewsAsia, Coinbase Global reported a net loss of $394.1 million, or $1.49 per share, for the quarter ended March 31, marking the second consecutive quarter of losses, primarily due to volatility in the cryptocurrency market and a decline in trading volume. In the same period last year, the company posted a profit of $65.6 million, with earnings of 24 cents per share. The decline in performance reflects a weakening momentum in cryptocurrency market trading, following a period in which the company had achieved consecutive quarterly profits.Techub News05/08, 04:21 AM

快讯Channel05/08, 04:21 AM

Coinbase recorded a net loss of $394 million for two consecutive quarters

Techub News, according to Channel NewsAsia, Coinbase Global reported a net loss of $394.1 million, or $1.49 per share, for the quarter ended March 31, marking the second consecutive quarter of losses, primarily due to volatility in the cryptocurrency market and a decline in trading volume. In the same period last year, the company posted a profit of $65.6 million, with earnings of 24 cents per share. The decline in performance reflects a weakening momentum in cryptocurrency market trading, following a period in which the company had achieved consecutive quarterly profits.

Coinbase launches customized stablecoin service, accessible via Coinbase global distribution networkTechub News reports that Coinbase has launched a customized stablecoin service, which can create branded stablecoins for users' enterprises, hosted by Coinbase and backed by 1:1 collateralized assets.Techub News12/18/2025, 10:35 AM

快讯Coinbase12/18, 10:35 AM

Coinbase launches customized stablecoin service, accessible via Coinbase global distribution network

Techub News reports that Coinbase has launched a customized stablecoin service, which can create branded stablecoins for users' enterprises, hosted by Coinbase and backed by 1:1 collateralized assets.

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