Cryptocurrency News - Page 896

Stay ahead of the crypto curve with in‑depth coverage of the digital‑asset ecosystem. Here you’ll find the latest on new coin launches, regulatory shifts, wallet innovations and market movements across major chains. Whether you’re a seasoned trader or just exploring the space, our timely updates offer clarity on the crypto universe’s fast‑evolving landscape.

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Cryptocurrency News

Coinbase Announces Cost-Cutting Measures in Response to ‘Market Conditions’
By • 3 mins read
Cryptocurrency News, Indices, Market News, News, Stocks

Coinbase Announces Cost-Cutting Measures in Response to ‘Market Conditions’

By • 3 mins read

The announcement comes just two weeks after Coinbase launched an initiative to cut down on spending in an effort to grow revenue. As its Q1 2022 results have shown, the exchange incurred a net loss of $430 million in its first-quarter earnings as well as saw its stock plunging.