📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Coinbase quarterly profit jumps on subscription revenue boost
(Reuters) -Coinbase Global reported a sharp rise in second-quarter profit on Thursday, as gains in its subscription and services business offset a dip in trading revenue.
Retail trading volumes remained sluggish in the second quarter as investor appetite remained muted amid regulatory and market uncertainty, despite a rebound in crypto prices.
A bullish crypto market also prompted many retail investors to hold on to their digital assets in anticipation of higher returns, limiting trading activity.
Transaction revenue fell 2% to $764.3 million. However, revenue from the company's subscription and services unit — which includes businesses outside of trading — rose 9.5% to $655.8 million.
Net profit attributable to common stockholders rose to $1.43 billion, or $5.14 per share, in the three months ended June 30, compared with $36.13 million, or 14 cents apiece, a year earlier.
Net profit was largely driven by gains on the fair value remeasurement of the company's investment in stablecoin issuer Circle and gains on its crypto asset investment portfolio, Coinbase said.
(Reporting by Pritam Biswas in Bengaluru; Editing by Tasim Zahid)
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