In Crypto: Winter continues to bite for Coinbase

Coinbase has reported a 75% drop in year-on-year revenue for Q4 2022 alongside $557 million losses as user numbers continue to fall. The $629m revenue for the period was, however, ahead of market expectations. In Q4 2021, Coinbase generated net profit of $840m at the peak of crypto adoption. The crypto winter has bitten hard … Continue reading In Crypto: Winter continues to bite for Coinbase