Coinbase CEO says trading revenue has fallen to ‘roughly half’ what it was last year

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvYWRjNDZiYTktYmI2NS00MjVhLTlmN2EtZWYzNmI0YjNjYzAzLmpwZw==.jpg"></p><p>The cryptocurrency exchange had previously reported that it expected losses of $500 million this year amid the bear market. </p>