Gemini narrows Q3 net loss to $58.6 million as spot trading volume drops 73%

मुख्य बातें

• Cryptocurrency exchange Gemini reported a reduced net loss of $58.6 million for the third quarter, demonstrating effective cost-cutting measures.
• However, the platform experienced a significant 73% drop in spot trading volume during the same period.
• The dramatic decline in trading activity presents potential challenges for the exchange's long-term business growth despite lowered operational expenses.

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