Coinbase Q3 2024 Earnings Announcement
Coinbase Q3 2024 Earnings Announcement
💰 Q3 Numbers Just Dropped
Coinbase has released its Q3 2024 financial results, marking its third quarterly report since going public in March. This continues the company's commitment to transparent financial reporting and shareholder communication.
Key Points:
- Third quarterly earnings report as a public company
- Full shareholder letter available
- Earnings call accessible to all investors
Detailed financial information and the complete shareholder letter can be accessed at investor.coinbase.com
Today, we announced Q3 Earnings, our third quarterly financial results since becoming a public company in March. 🎉 Learn more: bit.ly/48p5f40
Reddit Tests Verified Profiles with Checkmarks for Select Users
Reddit is testing **verified profiles** with checkmarks for a small group of users to confirm their authenticity. Key details: - **Opt-in system** - users choose whether to participate - **Not about status** - focused on reducing confusion rather than creating hierarchy - **Preserves pseudonymity** - designed to work within Reddit's anonymous culture - Currently in limited testing phase The verification system aims to help users identify legitimate accounts while maintaining Reddit's core principle of allowing anonymous participation. [Read more about the testing program](https://redditinc.com/news/testing-verified-profiles-on-reddit)
🤵 Reddit Crowdsources Wedding
**Reddit's wedding planning community strikes again** with brutal honesty about dress choices. The platform's **crowdsourced decision-making** approach continues to gain traction as couples turn to thousands of strangers for major life choices. - Users provide **unfiltered feedback** on wedding dresses - Community-driven advice replaces traditional planning methods - Reddit's **human-first approach** proves increasingly valuable in AI era This trend reflects Reddit's growing relevance as a space for **authentic human connection** and honest opinions when major decisions need crowd wisdom.
Reddit Confirms Chive Guy Avatar Was Fake
**Reddit officially confirms the viral Chive Guy collectible avatar was fabricated.** The platform released a statement debunking claims about the popular avatar that had been circulating in the community. This follows previous speculation and denials about the avatar's authenticity. - Official confirmation ends ongoing debate - Community had been divided on authenticity - Statement provides clarity on the situation The announcement settles questions that have persisted since February when some users first questioned the avatar's legitimacy.
Reddit Reports 78% YoY Revenue Growth in Q2 2025
Reddit's Q2 2025 financial results show significant growth across key metrics: - Revenue reached $500M, up 78% year-over-year - Weekly active users grew to 416M+ - Daily active users reached 110M+ The company launched two new AI-powered features: - Reddit Insights - Conversation Summary Add-ons Both tools leverage Reddit Community Intelligenceâ„¢ technology. Ongoing investments in machine translation and search capabilities continue to drive platform expansion. [Learn more on r/RDDT](https://bit.ly/4oe3fTO)
Reddit Joins Russell 3000 and 1000 Indexes
Reddit (RDDT) has achieved a significant milestone by being included in both the Russell 3000 and Russell 1000 indexes. CEO Steve Huffman highlighted this as a meaningful development that validates Reddit's platform strength and community-driven approach. - Inclusion demonstrates Reddit's market growth - Positions company alongside other major public companies - Signals potential for future index inclusions Reddit aims to leverage its unique strengths in communities, content, and culture for continued market expansion.