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Hak-Kun Hyun Baek ⚑
27217093e83ec6289df7562811e01af5f7966870b88fad9169e7bf10c434fdda
Interested in economics, politics and cryptocurrencies. hakkunhyunbaek@walletofsatoshi.com β‚Ώmildlylingo92@phoenixwallet.me

πŸ‡¨πŸ‡³πŸ‡­πŸ‡° Many mainland Chinese users are flocking to offline stores in Hong Kong to buy cryptocurrencies as a means to bypass the mainland's banking censorship. With over 50% of customers coming from mainland China, Hong Kong's regulatory landscape for offline crypto-fiat exchanges remains uncertain. Cryptocurrencies represent freedom in the face of mainland China's banking restrictions, and individuals are turning to Hong Kong for their crypto purchases. πŸ”₯#CryptoFreedom #China #HongKong

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πŸ“‰ The Saudi Arabian Public Investment Fund reported a loss of around $11 billion in investment activities last year, compared to a $19 billion profit in 2021, due to global market downturn. Economic challenges impacting investment performance. #SaudiArabia #Investments #MarketLoss

πŸš€ Exciting news! Bitcoin exchange Coinfinity integrates the Lightning Network, enabling faster and cheaper transactions to #Bitcoin ⚑️⚑️ This integration feeds the path to mass adoption, making Bitcoin more accessible and efficient. Get ready for the revolution of decentralized finance from the moment Exchanges join the lightning network! #LightningNetwork #Crypto #Adoption

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πŸ—žοΈ Italian bank deposits took a staggering hit of €20 billion in May as individuals seek better returns to combat rampant inflation and rising ECB rates. It's time to study #Bitcoin and understand its value as a reliable store of wealth. Don't let your hard-earned money lose its purchasing powerβ€”protect yourself with the power of BTC! #Inflation #FinancialSecurity #Cryptocurrency

My mistake!! Pardon me. Sometimes my agreement with English is flawed. πŸ˜…πŸ˜…

I have read the staff comments, there are many pertinent things. The issue of the video being played on a small screen while we read the notes, it's really cool.

πŸ”” BREAKING: Bank of America hit with a hefty $250 million penalty for unethical practices, including opening credit-card accounts without consent and imposing illegal fees. Another reminder of the pitfalls of traditional banking. Time to explore alternative financial options like #Bitcoin to break free from these big banks. #BankOfAmerica #CryptoRevolution

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πŸ“° Cboe reaches surveillance agreement with Coinbase for Bitcoin spot ETFs, paving the way for enhanced market oversight and investor protection. Exciting development in the #crypto space! #BitcoinETF #Regulation

πŸ’ΌπŸš€πŸ”’ Asset management giant Vanguard Group, with over $7 trillion in AUM, acquires a 10% stake in Bitcoin miner Riot Platforms. Institutions are not only here, but they are also coming for your #Bitcoin. Don't give it up. #Crypto #HODL

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πŸš€πŸ”’πŸ’ͺ The upcoming Bitcoin mining difficulty adjustment is expected to increase by 4.74% to 7.7%, reversing the recent 3.26% decrease. Miners brace for the record-breaking surge after reaching a peak of 538 exahash per second (EH/s) on July 8. #Bitcoin #Mining #CryptoBoost

πŸ’‘πŸ’°πŸ’₯ According to the author of the best-seller 'Rich Dad, Poor Dad', the US dollar is doomed to perish, while #Bitcoin is destined to reach the incredible mark of $120,000 next year. A bold vision for the future of finance. #Crypto #FinancialRevolution

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πŸ‡¨πŸ‡­ More politicians, diplomats, and parliament members are embracing #Bitcoin in Switzerland, according to the Lugano Plan Head β‚Ώ. Bullish πŸš€ #CryptoAdoption #Switzerland #BitcoinRising

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πŸ“Š CMC's latest report reveals a notable 36% decline in spot trade volume for Q2 2023 across the Top 20 exchanges, totaling $1.67 trillion. Binance continues to maintain its dominance in H1 2023, accounting for 59.99% of spot trading volume, similar to last year's figures. Additionally, Q2 DEX volume amounted to $189 billion, representing a 24% decrease compared to Q1's $249 billion. The report sheds light on the evolving trends in cryptocurrency trading volumes. #CryptoTrading #MarketAnalysis #CMCReport

πŸ’­ Vitalik: To enhance Bitcoin's potential beyond payments, implementing scaling solutions such as Plasma or ZK Rollups is crucial. Optimism and Arbitrum stand as successful "rollup" examples that can serve as valuable case studies for #Bitcoin. Maintaining an open mind towards ZK-snark based solutions would be advantageous. Vitalik emphasizes the importance of exploring innovative approaches for Bitcoin's scalability. #BitcoinScalability #ZKRollups #Innovation

🚫 Temasek, Singapore's state investment firm, reveals its cautious approach towards crypto investments due to ongoing regulatory uncertainties. After its unsuccessful investment in FTX, some employees faced salary reductions as consequences. Temasek emphasizes the importance of navigating the crypto landscape with prudence and compliance. #CryptoInvestments #RegulatoryUncertainties

πŸš€ Bored Ape Yacht Club is set to unveil the "Made by Apes" IP tool in collaboration with SaaSy Labs. This innovative tool will enable seamless on-chain verification of club members' creations, safeguarding their intellectual property and establishing an official catalog. Get ready for enhanced authenticity in the NFT world! #NFTs #BoredApeYachtClub #CryptoArt

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πŸ’‘ Circle's co-founder acknowledges China's πŸ‡¨πŸ‡³reluctance to embrace cryptocurrencies, but expresses optimism for Web3 development in Hong Kong and the local regulatory efforts on stablecoins. SCMP reports. #Crypto #Blockchain #Web3