Crypto Currency Tracker logo Crypto Currency Tracker logo
Chaintimes 2022-08-13 07:18:50

S&P Downgrades Coinbase to BB Rating Amid Poor H1

Following its most recent earnings report this year, S&P Global reduced major American cryptocurrency exchange Coinbase’s long-term issuers’ credit score from BB+ to BB status. In a report published on August 11, the rating agency announced the downgrading, citing Coinbase’s subpar performance in the H1 of 2022 as the primary cause. Additionally noted was the […]Read full post S&P Downgrades Coinbase to BB Rating Amid Poor H1 on Chaintimes.com.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.