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Crypto Exchange Coinbase Narrows Losses Thanks to Cost Reduction Strategy


Major US-based crypto exchange Coinbase has reported a smaller loss in the second quarter this year compared to the same quarter last year, while its revenue exceeded analysts’ expectations. Coinbase’s loss for the quarter came in at $97 million, down from $1.1 billion a year before, the firm’s...

Coinbase Looking to Add Lightning Network Support


Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is moving to add support for Lightning Network on its trading platform. Brian Armstrong, CEO of Coinbase, confirmed that the exchange was looking into the best ways to achieve this task, reaffirming his support for bitcoin payments....

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