The Latest Breaking News from Coinbase

What happened: An anonymous Bitcoin (CRYPTO: BTC) whale just transferred $151,261,609 worth of Bitcoin off Coinbase, and the investor then sent these funds to Gemini.

Internet & Mobile Association of India (IMAI), a body representing the interests of Indian crypto investors, said that it has no plans to file a legal challenge against the Indian central bank after it restricted the use of UPI for crypto exchanges.

Crypto exchange Coinbase Global Inc (CRYPTO: COIN) is reportedly testing out a management ethos called “radical transparency” that has been employed by Ray Dalio’s Bridgewater Associates.

Mance Harmon graduated from college in 1993 when the World Wide Web was just getting ripples, so he remembers the frustrations of trying to explain it to his parents. It didn’t make sense to them until they got an email account, but now, everyone intuitively understands the Internet, he said.

Cathie Wood-led Ark Investment Management on Tuesday scooped up more shares in cryptocurrency-linked companies Coinbase Global Inc (NASDAQ: COIN) and Block Inc (NYSE: SQ) on the dip. &

Coinbase Global Inc (NASDAQ: COIN) has become the first cryptocurrency company to enter the Fortune 500 list. What Happened: Coinbase was included in the 68th Fortune 500 list, which ranks the largest U.S.-based corporations by revenue each year.

Dot Collector was first implemented by Bridgewater Associates, a prolific hedgefund, to encourage transparency.

MoffettNathanson has decided to maintain its Buy rating of Coinbase Global (NASDAQ:COIN) and lower its price target from $600.00 to $200.00. Shares of Coinbase Global are trading down 7.13% over the last 24 hours, at $61.39 per share.

What happened: An anonymous cryptocurrency wallet holding $43,568,223 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as: 1HJyjJbKyyMyU9gtqTfKSXobEPf2HpZwvh