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Coinbase Outlines Price-Chopping Measures, Worker Grants Amid Weak Outcomes and Crypto Rout: Report

by SB Crypto Guru News
May 23, 2022
in Crypto Updates
Reading Time: 1 min read
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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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