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Benzinga
Benzinga
Business
Samyuktha Sriram

RARE PHOTOS: Coinbase sees crypto trading volume declines 44 in q1 - The Real Truth

Shares of major crypto exchange Coinbase Global Inc (NASDAQ:COIN) slid over 11% in extended trading on Tuesday, following dour quarterly earnings.

What Happened: The company reported a net loss of $430 million for the quarter, a considerable decline from the $840 million profit reported in the fourth quarter of 2021.

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