Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M
Coinbase informed traders on Thursday that 88% of its second-quarter web income got here from one thing apart from Bitcoin spot buying and selling. The similar release reported a $359.5 million web loss beneath US accounting guidelines, the corporate’s third consecutive shedding quarter. Both numbers describe the identical three months. Taken collectively, they get nearer…
