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FTX Co-Founder Pleads Guilty To Fraud Charges; Faces Up To 75 Years In Prison
A key ally of Sam Bankman-Fried has turned himself in to the authorities investigating fraud that led to the collapse of FTX,…
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Bitcoin and Ethereum Price Prediction After Inflation Increased Above Expectations
February 2023, The Distributed, Stanko Illiev and Md Ishtiaque Ahmed The cryptocurrency market started to lose value this Friday after the latest inflation data coming…
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‘A Complete Ban on Crypto Not off the Table’; IMF Chief Calls for More Regulations in the Sector
The International Monetary Fund is calling for more regulations in digital currencies, including a possible ban on cryptocurrencies not fully backed, if…
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Italy’s Oldest Crypto Exchange, The Rock Trading, Closes Shop over Liquidity Problems
One of the oldest cryptocurrency exchanges in Italy is closing down due to liquidity challenges, joining the likes of FTX and Mt.…
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Hong Kong Invests Over $6.4M Into Web 3 Development
On February 22, Hong Kong announced an investment of $6.3 million to develop the Web 3 ecosystem here.
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Coinbase Introduces Ethereum L2 Network Targeting 1B+ Users
Cryptocurrency exchange Coinbase has announced a test launch of an Ethereum Layer 2 network aimed at supporting the deployment of decentralized applications…
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The Solana Spaces Initiative Falls Victim To Crypto Winter; Closes NYC And Miami Storefronts
Solana spaces, a startup operating retail stores with themes of its namesake blockchain, is exiting New York and Miami. The decision was…
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FTX Japan Reopens Allowing Crypto And Fiat Withdrawals For Investors
FTX Japan announced on its official website that customers of FTX Japan can start withdrawing money today, February 21, 2023, at 12:00…
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FTX’s Former Executives Subpoenaed By Voyager Creditors To Explain Failed Bailout Attempts
A team representing the unsecured creditors of Voyager Digital, the bankrupt crypto lender, have asked the former FTX executives – Sam Bankman-Fried,…
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Dogecoin And Shiba Inu Analysis After Rumours That Binance Is Considering Ending Relationships With US Business Partners
February 2023, The Distributed, Stanko Illiev and Md Ishtiaque Ahmed February has been a positive month for the cryptocurrency market so far, Bitcoin is trading…