Coinbase Reports Profit in Q3 Despite Crypto Market Slump
Introduction In a surprising turn of events, Coinbase, the publicly-traded cryptocurrency exchange, has announced favorable financial results for the third quarter of 2023, despite the ongoing slump in the crypto market. The company's net income reached $2 million, while adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at $181 million. This article delves […]
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