US Stock COIN Extends Losses to 7.66%, Reportedly Platform Users Unable to Buy, Sell, and More
Feb. 13 — According to HTX market data, U.S.-listed stock COIN (Coinbase) saw its intraday drop widen to 7.66%, with its market capitalization falling to $38.194 billion.
Earlier, Coinbase announced that users are currently unable to buy, sell or transfer funds on its platform. The company noted it is investigating the issue related to user fund security.
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Coinbase: Buys, Sells, and Sends are currently disabled. Investigating the issue
February 13 — Coinbase has officially confirmed users cannot currently buy, sell, or transfer assets.
In a statement, the exchange said it is investigating the issue to ensure users’ funds remain secure.
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Anthropic has completed a $30 Billion fundraising round, valuing the company at $380 Billion.
On February 13, Anthropic closed a $30 billion funding round, with a post-money valuation of $380 billion (including the new capital) — bolstering the AI firm as it ramps up competition with rival OpenAI.
The company announced Thursday that Singapore’s sovereign wealth fund GIC and Coatue Management led the round, with other backers including tech giants like NVIDIA and Microsoft. The funding nearly doubled Anthropic’s valuation, cementing its spot among the world’s most valuable private companies.
Anthropic also confirmed employees will be able to sell company shares at the same valuation as the latest funding round. (Source: Jinse)
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Aave Labs proposes to allocate 100% of protocol revenue to the DAO treasury, aiming to establish Aave V4 as the core framework
On February 13, Aave Labs rolled out its latest governance proposal, outlining the protocol’s next-phase strategic framework. Key details include:
- Designating Aave V4 as the protocol’s core technological foundation for future development;
- Directing 100% of revenue from Aave-branded products to the Aave DAO treasury;
- Establishing a sustainable development budget mechanism;
- Creating a funding framework to support the DAO’s strategic growth and advancement;
- Implementing a brand protection scheme (including managing the Aave trademark via a dedicated structure).
Aave Labs noted the protocol currently holds roughly a 60% market share in the decentralized lending space, with significant room for future growth. The proposal aims to lay institutional and technical groundwork for Aave’s next-phase expansion.
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The Trump Administration Secretly Smuggled 6000 Starlink Satellite Terminals to Iran
**February 13** — The Trump administration secretly smuggled 6,000 Starlink terminals to Iran in January, after the Iranian government shut down the country’s internet, to let internal dissidents keep accessing the web, *The Wall Street Journal* reported.
The U.S. had previously purchased nearly 7,000 of the terminals. Trump was aware of their delivery but it’s unclear if he personally approved the purchases.
Possessing Starlink equipment is illegal in Iran, yet tens of thousands of Iranians use it to bypass censorship. Trump had publicly encouraged Iranians to protest and promised “aid is on the way.”
The White House is currently declining to comment on the matter.
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Swedish Bitcoin Treasury Company H100 Completes Acquisition of Future Holdings
On February 13, Swedish publicly listed Bitcoin treasury firm HODL Group AB completed its acquisition of Future Holdings, a Swiss Bitcoin treasury company.
As part of the deal, Richard Byworth, SYZCAP, and HUGESKY852 will serve as advisors to HODL Group, with plans to further strengthen the company’s board appointments in capital markets, credit, and institutional capabilities.
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