[CRYPTO]■ STORY TIMELINE
COINBASE Q2 MISSES ESTIMATES, SHARES DROP 6%
Coinbase reported Q2 revenue of $1.2 billion, down 19% year-over-year and below the $1.3 billion estimate. The crypto exchange also posted a larger-than-expected loss, sending shares down more than 6% in after-hours trading.
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CNBC: Coinbase reports Q2 revenue down 19% YoY to $1.2B, vs. $1.3B est., stablecoin revenue below est., and a wider-than…