Coinbase reports $1.4B Q2 revenue, beating estimates despite lower profits

US-based crypto exchange Coinbase reported $1.4 billion in total revenue for Q2 2024, surpassing analyst estimates of $1.36 billion but down from $1.6 billion in Q1. The exchange saw transaction revenue decline while stablecoin and Base usage grew significantly.Coinbase's Q2 earnings revealed mixed results, with revenue beating expectations but profits declining sharply compared to the... source: https://cryptobriefing.com/coinbase-q2-earnings-report/