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Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath

Crypto exchange Coinbase (COIN) is now faced with a number of new headwinds because of the&nbsp;<a href="">collapse of rival FTX</a>, Bank of America said Friday, as it downgraded its rating on the stock to neutral from buy.

Fintech Firm TrueLayer To Power Coinbase Payments, Eyes Stablecoins

Fintech unicorn TrueLayer is partnering with Coinbase to enable UK users to top up their accounts via their mobile banking app. This is part of a broader push into digital assets as the open-banking company eyes adding a stablecoin product to its crypto-focused offering.&nbsp;

AVAX Expands Its Reach to Japan via Coinbase

After Coinbase lists AVAX on the platform, Avalanche blockchain enters the Japanese market. AVAX can now be traded on desktop computers and mobile devices throughout the region. The Avalanche blockchain’s native token can be used for minting non-fungible tokens, playing games in the Web3 sphere, funding DeFi applications, and safeguarding the network, among many others.

Coinbase to List Lido DAO ($LDO) On Ethereum Network

Coinbase announced that it will add support for Lido DAO ($LDO) on the Ethereum network. Trading will begin on or after 9AM PT on November 17th, if liquidity conditions are met.&nbsp;&nbsp; Coinbase also added MultiversX (Previously Elrond) (EGLD) to the roadmap today.
Coinbase to List Lido DAO ($LDO) On Ethereum Network

Coinbase: We Have Zero Exposure to Genesis Trading

Coinbase said on Twitter that they&nbsp;have zero exposure to Genesis Trading.&nbsp; &nbsp;
Coinbase: We Have Zero Exposure to Genesis Trading

Coinbase CEO Brian Armstrong Sells More Than $1.6 Million in Shares

Coinbase CEO Brian Armstrong sold more than 30,000 Class A Coinbase shares for $1.6 million on Nov. 11, according to a filing with the U.S. Securities and Exchange Commission reported by Coinbase.&nbsp; He also converted Class B shares into Class A shares.&nbsp;

Coinbase officially enters the fray in XRP lawsuit to support Ripple against SEC

U.S.-based cryptocurrency exchange Coinbase has officially submitted its amicus brief to support Ripple Labs Inc. in the lawsuit the U.S. Securities and Exchange Commission (SEC) filed in 2020 against Ripple.

Kraken, Coinbase and publish proof of reserves with liabilities

Prominent crypto exchanges Kraken, Coinbase and became the first exchanges to publish proof-of-reserves, including liabilities, as part of their audits.

Binance US, Coinbase, Curve in Bidding War for BlockFi Credit Card Customers

Binance US and Coinbase are among the bidders for the BlockFi credit card program and its associated customers, Blockworks has learned, while smaller fintech competitor Curve is also in the hunt for the approximately 87,500 BlockFi accounts.

Coinbase to Write off Investment That Its Ventures Arm Made in FTX

(Reuters) - Coinbase Global Inc will write off the investment its ventures arm made in cryptocurrency exchange FTX in 2021, according to a person familiar with the matter.