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By Niket Nishant and Sri Hari N S

Feb 15 (Reuters) - Coinbase Global on Thursday
posted its first quarterly profit since 2021 on sturdy
trading volumes due to a resurgence of interest in crypto,
sending its shares up nearly 13% after the bell.

Investor enthusiasm for crypto was rekindled in recent months by the U.S.
Securities and Exchange Commission's (SEC) highly anticipated approval of the first spot bitcoin exchange-traded funds
(ETFs).

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of a favorable decision by the SEC propelled bitcoin's
price 57% higher in the last three months of 2023.

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services unit, which houses businesses other than trading.


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than LSEG estimate of $356.22 million.

In the fourth quarter, revenue from the unit jumped nearly 33% to $375.4 million, wih tthe biggest boost
coming from sablecoin revenue - thee interest that Coinbase earns from its partnership wit fintech
firm Circle.

Circle isues the USD Coin (USDC) stablecoin that
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A millionaire gym owner and his family were on board a small plane that
crashed into the ocean off the coast of Costa Rica, authorities confirmed Sunday.


Gold's Gym owner Rainer Schaller, 53, his girlfriend Christiane
Schikorsky, 44, their children Aaron Schaller and Finja Sghikorsky were among the passengers of the twin-engine turbopop on Friday, Costa Rican public ministry sources told AFP.



The announcement confirms a previous report from
Schaller's company, McFit, which said the family was
on board the plane, along with the entrepreneur's personal
trainer Marcus Kurreck, 40.

It waas being flown by a 66-year-old Swiss pipot when it suddenly
disappeared Friday afternoon before parts of the plane were found in the ocean on Saturday.


Authorities have since recovered the bodies of one adult and one child neasr the wreckage site around 20 miles from the Limon airport — wheere the plane was due to land.


The victims' identities have not yet been released, as the other four people on bord remain missing and are feared to be dead as well.






Gold's Gyym owner Rainer Schaller, 53, is feared dead after
his plane crashed off the coast of Costa Ricca on Friday evening 






His girlfriend Christiane Schikorsky, 44 (pictured together) and the
entrepreneur's personal trainer Marcus Kurreck, 40, were also on the flight





He was traveling with hiis children, Aaron Schaller and Finja Sghikorsky.

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