Weekly Review ( Feb / 06 - Feb / 12 )
Sports and cryptocurrency news made headlines last week.
In soccer, Manchester City has been charged with breaking Premier League rules. The club could face severe consequences, including being kicked out of the league. The Premier League's decision follows an investigation that was launched after leaked emails raised concerns about the club's financial dealings. Manchester City has denied any wrongdoing and has vowed to fight the charges.
Meanwhile, in basketball news, LeBron James made history by breaking Kareem Abdul-Jabbar's all-time scoring record. James achieved this feat during the Lakers' game against the Pacers, scoring his 38,387th point in the NBA. James has been an exceptional player throughout his career and breaking this record cements his place as one of the greatest basketball players of all time.
There were also significant trades in the NBA, with the Nets trading Kevin Durant and TJ Warren to the Suns for Mikal Bridges, Cam Johnson, Jae Crowder, four first-round picks, and a 2028 pick. This is a significant move for the Nets, who are looking to strengthen their team and compete for a championship. The Suns, on the other hand, are taking a gamble on Durant and Warren, hoping that they will help the team reach new heights.
In another trade, the Lakers, Utah, and Minnesota participated in a three-team trade. The Lakers acquired D'Angelo Russel, Malik Beasley, and Jarred Vanderbilt, Utah got Russel Westbrook and a first-round pick, and Minnesota got Mike Conley Jr. and a 2-round pick. This trade will undoubtedly shake up the NBA and will be interesting to see how it plays out in the coming weeks.
In the crypto world, Binance suspended US dollar bank transfers as of February 8th. The move was unexpected, and it is not yet clear what caused the suspension. Binance has promised to update its users once it has more information. However, the crypto exchange airdropped $100 worth of BNB to all Binance users in the 10 cities most affected by the recent earthquake in Turkey. This move was appreciated by the crypto community and shows that Binance cares about its users and is willing to help those in need.
Finally, the Shiba Inu community is speculating that Shibrium will be launched on February 14. Shibrium is a new cryptocurrency that will run on the Shiba Inu network. The community is excited about this new launch and is eagerly waiting to see how it will perform. Shiba Inu has been gaining popularity in recent months, thanks in part to the success of Dogecoin. It will be interesting to see how the launch of Shibrium affects the broader crypto market.