Mentor Group Gold
Coinbase suffers a net loss of $1.094 billion in the second quarter, a year after reporting a profit of $1.6 billion in the same quarter.
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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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