Crypto exchange Coinbase profit rises on trading strength

Core Insights - Coinbase Global reported a significant increase in third-quarter profit due to heightened volatility in digital assets, which led to increased trading volumes at the cryptocurrency exchange [1] Company Summary - The third-quarter profit for Coinbase Global saw a notable rise, attributed to the increased trading activity driven by market volatility in digital assets [1] Industry Summary - The cryptocurrency exchange industry is experiencing heightened trading volumes as a result of increased volatility in digital assets, positively impacting companies like Coinbase Global [1]