Coinbase's revenue in Q2 amounted to $1.5 billion

Cryptocurrency exchange Coinbase reported losses due to a data breach that reached $307 million. This was reported by The Block, referencing the financial report for Q2 2025.

The statement indicated that the incident occurred after hackers bribed customer support staff outside the U.S. This allowed them to gain access to user data and account management documents.

The attack was first revealed in May, but in the new report, the company clarified the actual extent of the losses. Previously, the losses were estimated at $400 million, the statement said.

Additionally, the report shows that the company's total revenue in Q2 amounted to $1.5 billion, of which $1.4 billion is net income. Earnings before interest, taxes, depreciation, and amortization reached $512 million, while adjusted net income was $33 million.

Revenue from subscriptions and services increased to $656 million. The company also reported $9.3 billion in dollar resources.