Coinbase Posts $394 Million Net Loss as Q1 Revenue Drops 31%
Coinbase reported a net loss of about $394 million in the first quarter of 2026, reversing from a $66 million profit a year earlier. Revenue fell 31% year-over-year to $1.41 billion as weaker token prices reduced trading activity across crypto markets. Coinbase started 2026 on the back foot. The U.S. crypto exchange reported a net [...]