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Coinbase Leads Crypto Stocks Lower After Binance Hack

Coinbase shares fell more than 13% Friday, a day after reporting lower third-quarter revenue, as publicly traded crypto companies declined amid news of Binance’s $6.3 billion hack.

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SquawkNews Desk

Shares of publicly traded cryptocurrency companies fell sharply Friday, with Coinbase dropping more than 13% a day after reporting a decline in third-quarter revenue, as the industry dealt with Binance’s $6.3 billion hack.Other crypto-linked stocks also declined, with stablecoin issuer Circle Inter…

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