Crypto
Coinbase reports $719 million third-quarter profit on crypto investment gains; shares fall about 13% after Binance hack
Coinbase said third-quarter net income rose to $718.7 million, helped by gains on its crypto holdings, while revenue fell about 35% to about $1.2 billion, slightly below estimates. Its shares fell on Friday as a $6.3 billion theft from Binance weighed on crypto stocks.
