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Crypto Exchange Coinbase Reports $1.1B Loss

Martin Everson

Offshore Retiree
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Jan 2, 2018
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At the end of the first quarter, Coinbase's customers had $256 billion worth of assets on its platform. By the end of the next quarter, that amount had dropped by 63% to $96 billion, a result of both the decline in crypto values and of customers cashing out their chips for fiat currencies.

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