Cryptocurrency crisis: Coinbase loses half its value in a week

(AP) — Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its biggest one-day drop ever on Wednesday as the famously volatile crypto market weathers yet another slump. Coinbase reported a $430 million net loss in the first quarter, or $1.98 per share, on declining sales and active users. Analysts … Continue reading Cryptocurrency crisis: Coinbase loses half its value in a week