LONDON : European crypto asset manager CoinShares blamed market turbulence for a 97 per cent fall in full-year income and said it lost 26 million pounds ($31 million) in the collapse of major exchange FTX, CoinShares said on Tuesday.The crypto market plummeted in 2022, as rising rates and a series of bank
LONDON : European crypto asset manager CoinShares blamed market turbulence for a 97 per cent fall in full-year income and said it lost 26 million pounds in the collapse of major exchange FTX, CoinShares said on Tuesday.
CoinShares'"total comprehensive income", a measure which includes expected losses, fell to 3 million pounds in 2022 from 113.4 million in 2021, its fourth quarter earnings report showed.
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