April 21, 2025
Coinbase posted a double-than-expected loss
Blockchain

Coinbase posted a double-than-expected loss

  • by Sandra
  • August 10, 2022

Coinbase’s second-quarter 2022 net loss was $1.1 billion, or $4.98 per share, double analysts’ expectations ($2.47). In the post-trading session, securities fell 8% after losing 10.55% in the main session results. Our

FTX US gave all clients access to stock trading
Blockchain

FTX US gave all clients access to stock trading

  • by Sandra
  • July 28, 2022

Customers of the American division of the FTX bitcoin exchange have access to classic stock trading. This happened after beta testing was completed among a limited user circle. 🔥🔥🔥https://t.co/4J4PnhvI4J https://t.co/RMCyKmW3wd — SBF

Metaverse-focused division lost .8 billion
Blockchain

Metaverse-focused division lost $2.8 billion

  • by Sandra
  • July 28, 2022

In April-June 2022, the loss of the Reality Labs division associated with the metastore in Meta structure was $2.81 billion (-$3.67 billion in the first quarter). During the reporting period, revenue fell