In its first-quarter earnings report, Coinbase reported lower-than-expected revenues, and a quarterly web lack of $430 million, in contrast with a revenue of $840 million within the fourth quarter of 2021. The corporate stated it anticipated about $1.7 billion of stock-based compensation bills, up from $1.5 billion beforehand, citing “hiring developments and year-to-date acquisitions.”
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Digital payments provider Klarna expands financial strategy by partnering with Coinbase to utilize USDC stablecoins for institutional short-term funding. Klarna,...
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