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Coinbase's Q3 net income reaches $719 million, CFO Alesia Haas notes

Coinbase's Q3 net income reaches $719 million, CFO Alesia Haas notes
Coinbase Q3 income led by crypto gains

Coinbase reported net income of $719 million for the third quarter, with the result attributed mainly to unrealized gains on the crypto it holds for investment. Chief Financial Officer Alesia Haas identified the gains as the key factor behind the performance.

Laura Shin also noted that adjusted net income for the period was $78 million.

Laura Shin previously highlighted a $250,000 payout for the XRP Ledger infinite mint bug and noted critics questioned whether the reward matched industry standards. In a separate report, she relayed that NEAR Intents GM Alex Shevchenko is developing Shield to address a rising number of AI-driven hacks since March. These issues signal growing attention to risk management across the digital asset sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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