Coinbase made $771 million in profit in the first quarter, benefiting from cryptocurrency mania. ...Middle East

The New York Times - Technology
Coinbase made $771 million in profit in the first quarter, benefiting from cryptocurrency mania.
source : The New York Times ( Middle East ) () 20
The company said rivals were swarming the market and increasing competition and that it was spending heavily on marketing and development to keep ahead of its competitors.

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