Cryptopolitan· Hannah Collymore·· 3 hours agoAI score32
Crypto Market Slump Weighs on Kraken’s Trading and Lending Businesses
Crypto downturn hits Kraken twice, as exchange and as lender
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A decline in crypto markets and reduced trading weighed on both trading fee revenue and lending at Kraken parent Payward in the third quarter, with adjusted EBITDA falling 67% year over year to $60 million.
Source:Cryptopolitan · cryptopolitan.com