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Molly White
@molly0xfff@hachyderm.io
1 settimana fa

Spotted in Coinbase’s most recent 10-Q: Coinbase has stopped using trading volume as a key metric, which is I’m sure completely unrelated to the 38%/4

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Spotted in Coinbase’s most recent 10-Q: Coinbase has stopped using trading volume as a key metric, which is I’m sure completely unrelated to the 38%/48% decrease in spot trading volume they reported over the past three/six months

#Coinbase #crypto #cryptocurrency

Beginning in the second quarter of 2026, we no longer include Trading Volume as a key metric. As our business has evolved to support multiple asset classes, we believe the prior Trading Volume metric which focused on spot crypto volume no longer reflects the breadth of our business. Additionally, we do not believe that a total trading volume metric would fully represent the business given the differences in economics across our diversified trading products. We believe that net income (loss) and Adjusted EBITDA best reflect the financial health of our business, and we believe that metrics focused on users and assets are better operational indicators as they measure the trust customers place in Coinbase and our ability to attract and retain users. See the section titled Non-GAAP and Other Measures for definitions of Adjusted EBITDA, AOP, and MTUs, as well as a reconciliation of net income (loss) to Adjusted EBITDA.

#coinbase #crypto #cryptocurrency

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Molly White
@molly0xfff@hachyderm.io
1 settimana fa

Newsletter: Firms close up shop amid a continued crypto winter, a Trump venture ditches its crypto plans, and the crypto industry–friendly Clarity Act

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Newsletter: Firms close up shop amid a continued crypto winter, a Trump venture ditches its crypto plans, and the crypto industry–friendly Clarity Act market structure bill fails to reach a vote before August recess — likely dooming it.

https://www.citationneeded.news/issue-108/

#crypto #cryptocurrency #USpolitics #USpol #CitationNeededNewsletter

#uspol #uspolitics #crypto #cryptocurrency #citationneedednewsletter

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Molly White
@molly0xfff@hachyderm.io
3 settimane fa

This article is a great deep dive into some of the shady characters behind World Liberty Financial — Justin Sun among them, despite his recent efforts

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This article is a great deep dive into some of the shady characters behind World Liberty Financial — Justin Sun among them, despite his recent efforts to distance himself from the project. (He likely hoped this interview would help, and it is a little friendly, but rightly points out his shadiness.)

https://nymag.com/intelligencer/article/justin-sun-world-liberty-lawsuit-trump-crypto-herro.html

#JustinSun #WorldLibertyFinancial #USpol #USpolitics #crypto #cryptocurrency

#uspol #uspolitics #crypto #cryptocurrency #justinsun #worldlibertyfinancial

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