Cryptocurrency Market Update on February 17th 📉Market Stats 💸Market capitalization: $1,136 billion 📈Index Value: 61 💱Sentiment: Greed 💰Volume 24h: $101.8 billion 📰News update ✅SEC Charges Terraform and CEO Do Kwon with Defrauding Investors in Crypto Schemes The Securities and Exchange Commission today charged Singapore-based Terraform Labs PTE Ltd and Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities. ✅Hong Kong Launches The First $100 Million Tokenized Green Bond In History. As the cryptocurrency sector in the United States is facing renewed regulatory pressure, governments elsewhere are starting to recognize the value of the underlying technology, including Hong Kong, which has just announced the successful sale of the world’s first batch of tokenized green bonds of its kind. ✅Crypto Was Singapore's Top Area of Fintech Investment in 2022 Despite Global Slowdown: KPMG For 2023, KPMG has predicted that it is "likely investments in crypto-focused firms will remain very slow. ✅Mysten Labs CEO Evan Cheng is seeking to raise over $100 million for a web3 fund Mysten Labs CEO and co-founder Evan Cheng is raising money for a venture capital fund focused on web3 investments, according to four people familiar with the matter. ⏰More details: https://medium.com/kingdom-game-4-0/cryptocurrency-market-update-on-february-17th-cfd81d2cf7cb