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Coinbase Ends Q3 by Beating Street Estimates by 45%, Revenue Hits $1.86B

Coinbase (Nasdaq: COIN) ended the third quarter of 2025 with $1. 50 in earnings per share, beating Wall Street’s expectation of $1. 05 by 45 per cent. The crypto exchange’s quarterly revenue came in at $1. 86 billion, higher than the estimated $1. 8 billion. Revenue for the company between July and September jumped by 25 per cent compared with the previous quarter. Digital assets meet tradfi in London at the FMLS25. A Boost in Trading ActivitiesTransaction revenue at $1 billion dominated the total figure, along with subscription and services revenue of $747 million. The exchange further earned $355 million in stablecoin revenue. Revenue was particularly fuelled by an increase in trading volume, which rose 38 per cent quarter-over-quarter. Spot volume in the US alone also jumped 29 per cent. The net income of the San Francisco-based crypto giant for the three months came in at $433 million, with an adjusted EBITDA of $801 million.“It was another great quarter for Coinbase,” Coinbase’s Co-founder and CEO, Brian Armstrong, said in the earnings call. “Financially, Coinbase’s core business is incredibly strong, and we’re very well positioned for the opportunities ahead of us.”Long-Term Investments Paid OffThe exchange also has a strong balance sheet and investment portfolio. It ended the quarter with $11. 9 billion in USD resources and another $2. 6 billion in long-term crypto investments. Its Bitcoin-only investment portfolio also grew by $299 million. The company now holds total assets of over $31 billion and liabilities exceeding $15 billion. Meanwhile, Coinbase is expanding its market presence, both in terms of products and geographies, with new investments. It recently agreed to acquire Echo in a $375 million deal, along with another investment in Indian crypto exchange CoinDCX. Additionally, it has completed the acquisition of Deribit, a major crypto options venue.“Deribit is already the market leader in options,” said Coinbase’s CFO, Alesia Haas. “They have over 75 per cent market share for options. Notably, this is all non-US, and so there are paths to grow the market for options in the US.” This article was written by Arnab Shome at www. financemagnates. com.

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Red Chillies hits back at Sameer Wankhede’s plea against The Ba***ds of Bollywood; says his image was already subjected to scrutiny

Red Chillies Entertainment has filed its official reply to Sameer Wankhede’s defamation suit against The Ba***ds of Bollywood, the Netflix show he claims was designed to tarnish his reputation. Wankhede, the former NCB officer who led the 2021 drugs case involving Shah Rukh Khan’s son Aryan Khan, had approached the court alleging that the makers had portrayed a character resembling him in both appearance and mannerisms. In its response, Red Chillies Entertainment maintained that the series is a Bollywood satire, and all characters in it are depicted with deliberately exaggerated traits to heighten the humour. The production house argued that the complaint was an attempt to curtail artistic and creative freedom and described Wankhede’s stance as an instance of “hypersensitivity.”The reply further pointed out that Wankhede’s image had already been subject to widespread public scrutiny long before the show’s release. According to the filing, the former officer’s involvement in the Aryan Khan case had drawn considerable criticism and ridicule, as reflected in news coverage, social media discussions, and public commentary at the time. Red Chillies stated that these materials clearly demonstrated that his reputation had been affected earlier, and that the lawsuit was an attempt to silence satirical portrayals that fall under creative expression. Represented by senior advocates Neeraj Kishan Kaul and Shyel Trehan, the production company also requested the court to allow the show to remain intact, asserting that removing the contested scene would disrupt the series’ narrative flow. The makers clarified that the show does not directly name or reference Wankhede, and that the police officer character is merely depicted as an “overzealous” cop a common trope in dark comedies and satires. The case, which came up before Justice Purushindra Kumar on Thursday, has now been adjourned to November 10 for further proceedings. The Ba***ds of Bollywood, streaming on Netflix, has drawn attention for its unapologetically sharp commentary on celebrity culture, media frenzy, and the moral ambiguity within the film industry themes that continue to spark debate about where the line between satire and defamation should be drawn. Also Read: Sameer Wankhede denies having any grudges against Shah Rukh Khan and family: “I’m just a Government Servant, not living in a Banana Republic”.

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