Month: February 2025
Mysterious whale offloads 85 billion SHIB from Coinbase; What’s happening?
A mysterious whale has withdrawn 85 billion Shiba Inu (SHIB) tokens from Coinbase in an unusually massive transaction. The transaction which occurred 14 February was reported by on-chain analytics company Arkham Intelligence, which said it came from a fresh wallet not used before now. This is one of such unusual whale activities that have been […]
Alabama man admits participation in 2024 SEC X account hack
A man in Alabama has pleaded guilty to participating in the hack of the U.S. Securities and Exchange Commission (SEC)’s X account. According to a press release on 10 February, Eric Council Jr., 25, of Athens, conspired with others to take over the SEC’s X account and falsely announced that the SEC approved BTC Exchange […]
Facebook users accuse platform of ‘recycling’ older accounts for younger users
Facebook users have accused the platform of purging older accounts to make way for younger users in what they term “recycling.” One of such users complained on 11 February that such purging is done without prior notice and all information is lost, including pictures, friends list, and other personal data. Unjustified deplatforming The aggrieved users […]
Bybit assures Japanese users of service availability as Apple Store delists app
Following the delisting of the Bybit app from the Apple Store in Japan, the top crypto trading platform has assured its Japanese users of continuous service availability. The exchange in a statement on 6 February assured users in Japan that the platform’s service is not impacted, and all user accounts and funds remain completely secure. […]
Kraken CEO sues San Francisco corporation over crypto-related discrimination
Co-founder and CEO of Kraken, Jesse Powell has sued a San Francisco corporation for denying him the purchase of a building based on his involvement with cryptocurrency. The lawsuit filed on 5 February claims that the corporation ganged up to sabotage Powell’s purchase of a property at 2500 Steiner Street in San Francisco that was […]
Nissan backs out of merger agreement with Honda – here’s why
After some deliberations, Nissan has backed out of its long-awaited merger proposal with Honda over the terms of the deal. According to a February 5 report, the two Japanese auto giants were unable to reach an agreement on the final merger which was expected by the end of January but postponed till February. Nissan dissatisfied […]