Coinbase narrows loss while crypto trading volumes fall in Q3 By Cointelegraph

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Cryptocurrency exchange Coinbase (NASDAQ:) narrowed its net loss to $2 million in the third quarter, as inotched a year-on-year increase in revenue despite lower trading volumes.

The firm’s net loss in Q3 was trimmed from a $545 million net loss in the prior year period, according to a Nov. 2 earnings statement.

Coinbase’s revenue statement for Q3 2023. Source: Coinbase