Coinbase releases Q2 financial report: Net profit reached $1.43 billion, far exceeding the same period last year, but trading revenue decreased by 39% month on month

According to BlockBeats, on August 1st, cryptocurrency trading platform Coinbase disclosed in its latest quarterly financial report that the previously exposed user data breach ultimately resulted in a loss of $307 million. The overall performance of Q2 is as follows: ·Net profit reached 1.43 billion US dollars, far exceeding the 36 million US dollars in the same period last year. The total trading volume was 237 billion US dollars, slightly increasing from 226 billion US dollars in the same period of 2024. Compared with the first quarter, trading revenue decreased by 39%, and spot trading volume decreased by more than 30%