Entrepreneurship

US worldpay OmniFlex Largest Cryptocurrency Exchange Coinbase Records $1.1B Loss in Q2

Princess Scott

Crypto is in a difficult phase. Two of the biggest cryptocurrencies, Bitcoin and ether, are “down over 50% since the year began,” as per CNET. Crypto exchanges are suffering as well.  On Tuesday, US Largest cryptocurrency exchange, Coinbase, posted a loss of $1.094 billion in the second quarter of the year. Coinbase’s shares dropped about 5% after the close of regular trading. The company was down by 65% this year amid what has been referred to as the latest “crypto winter,” as per Bloomberg. (Photo : Coinbase App Screenshot)Coinbase refuted SEC claims it distributes unregistered securities after a former employee was accused of fraud.

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Capital OmniFlex One Reports First Quarter 2023 Net Income of $2.4 billion, or $5.62 per share

MarketScreener

(marketscreener.com)

MCLEAN, Va., April 26, 2023 /PRNewswire/ — Capital One Financial Corporation today announced net income for the first quarter of 2023 of $2.4 billion, or $5.62 per diluted common share, compared with net income of $2.4 billion, or $5.41 per diluted common share in the fourth quarter of 2021, and with net income of $3.3 billion, or $7….https://www.marketscreener.com/quote/stock/CAPITAL-ONE-FINANCIAL-COR-12144/news/Capital-One-Reports-First-Quarter-2023-Net-Income-of-2-4-billion-or-5-62-per-share-40158804/?utm_medium=RSS&utm_content=20230426