Crypto Blog
Coinbase – which happens to be the largest US crypto platform – registered nearly $76 billion in spot trading volume, according to a new Bloomberg report.
Trading volume serves as a vital metric for exchanges, and for Coinbase, the largest share of its revenue stems from trading fees. This decline is part of a broader trend observed over a year in the digital asset industry, driven by a series of scandals, bankruptcies, and regulatory interventions.Despite the setbacks, Coinbase managed to expand its market presence in the previous quarter, notably as its rival Binance faced heightened regulatory scrutiny in the country as well.
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Over 40 percent of Antarctica's ice shelves reduced in volume over 25 years71 of the 162 ice shelves that surround Antarctica have reduced in volume over 25 years from 1997 to 2021, with a net release of 7.5 trillion tons of meltwater into the oceans, say scientists. They found that almost all the ice shelves on the western side of Antarctica experienced ice loss.
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