🚨 Worldcoin Privacy Violation in Hong Kong 🚨

Worldcoin, a Web3 project aiming for universal basic income via iris scanning for identity verification, is under scrutiny for privacy violations.

Key Points:
- Regulatory Action: Hong Kong's Privacy Commissioner found Worldcoin violated the Personal Data Privacy Ordinance.
- Privacy Issues: Collection of iris and facial images deemed unnecessary and excessive.
- Enforcement Notice: Worldcoin must stop collecting iris and facial images in Hong Kong.
- Data Management: Retention of personal data for 10 years violates privacy principles.
- Investigation: Conducted at six locations, involving over 8,300 scans.
- New Measures: Users can now permanently delete their iris data with a six-month cooling-off period.

🔗 Source: Hong Kong 01
$WLD

#WorldCoin. #PrivacyProtection #Web3 #DataProtection #HongKong2024

Hong Kong's Ethereum ETFs are having a moment! Daily inflows hit a record on May 21st, exceeding those of Bitcoin ETFs for the first time. This surge might be driven by hopes of US approval for Ethereum ETFs. Although Bitcoin ETFs still reign supreme in total volume, Ethereum ETFs are picking up steam. This trend highlights Hong Kong's role as a crypto leader, offering both Bitcoin and Ethereum ETFs for mainstream investors.
#HongKong2024 #ETHETFS #ETFEthereum #Ethereum #cryptoniteuae

Deepfake alert! Elon Musk impersonated in crypto scam targeting Asia! AI-powered scams on the rise, Hong Kong warns. Be cautious of unrealistically high returns & fake endorsements - if it sounds too good to be true, it probably is! #deepfake #cryptocurrency #HongKong2024 #ElonsMusk

💲💸 Giant #Bitcoin Spot ETF ADS spotted in Hong Kong 🇭🇰 #HongKong2024

#HongKong2024 #ETF effect! $BTC

𝗕𝗧𝗖 𝗮𝗻𝗱 𝗘𝗧𝗛 𝗦𝗲𝗲 𝗨𝗽𝘁𝗶𝗰𝗸 𝗮𝘀 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝗻𝘁𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹

Bitcoin has climbed 2.8% in the last 24 hours, surpassing $66,500, while Ethereum reaches $3,240.

Several Hong Kong applicants, including China Asset Management and Bosera Capital, claim approval for spot crypto ETFs, though the SFC has not issued an official statement.

Despite this, industry insiders anticipate institutional demand to rise during Asia trading hours once the ETFs are approved, offering a bullish short-term outlook amidst broader market narratives and macro events.

#etf #BinanceLaunchpool #HongKong2024

#HongKong2024 NOT ACCEPT #Ethereum" #ETF✅
what happened for crypto 😭😭😭

The launch of the first Bitcoin and Ethereum ETFs in Hong Kong is a significant development for a few reasons:

Increased Accessibility: ETFs allow traditional investors to gain exposure to Bitcoin and Ethereum without directly buying and holding the cryptocurrency. This could lead to wider adoption and potentially more stable prices.

Legitimization: Regulatory approval by Hong Kong, a major financial center, legitimizes cryptocurrency and could encourage other financial institutions to offer similar products.

Potential for Growth: The Hong Kong ETFs could attract significant investment, potentially driving up the price of Bitcoin and Ethereum. This is especially interesting since the news just broke today, April 15th, 2024.

However, there are also some things to consider:

Limited Scope: Currently, the ETFs only track Bitcoin and Ethereum, the two most established cryptocurrencies. Investors looking for exposure to a wider range of cryptos might need to look elsewhere.

Regulations: The specific regulations surrounding these ETFs are still emerging. Investors should understand the fees, liquidity, and potential risks involved before investing.

Market Volatility: The cryptocurrency market remains volatile, and the price of Bitcoin and Ethereum could still fluctuate significantly, even with the ETFs in place.

Overall, the Hong Kong Bitcoin ETF launch is a positive development for the cryptocurrency industry. It increases accessibility, legitimizes the asset class, and has the potential to drive growth. However, investors should still approach cryptocurrency with caution and do their own research before investing.

#bitcoinhalving #etf #HongKong2024 #HongKongCryptoHub

#BTC 💥 HUGE PUMP ALERT: THIS CRYPTO IS SET TO X100! 💥
As the bull market heats up, you'll encounter headlines like this everywhere.Wallet holding crypto Punk #nft has just put out a rare NFT for sale . Time to grab an opportunity of lifetime INVEST now .
For 1000000 times the profit Check out open sea link #crytpo #boredape #BinanceACGroup tcoin #HongKong2024 ong #Chiness a #taiwan

https://opensea.io/assets/ethereum/0x495f947276749ce646f68ac8c248420045cb7b5e/50583742210873805585630204209577995483162556409956990408969178081994272145409/

🚨 Breaking News :- Hong Kong's Bitcoin & Ethereum ETFs Explode with $292M Day One Inflows ‼️
In a dazzling debut that's turning heads across the financial world, Hong Kong's freshly launched Bitcoin and Ethereum ETFs have collectively raked in a jaw-dropping $292 million on their very first day! 🚀🔥

Here's the Breakdown:
🔵 Dominant Bitcoin: $BTC took the lion's share with 85% of the total inflows, showing its continued market strength and investor confidence.
🔵 Ethereum's Strong Hold: Despite Bitcoin's dominance, $ETH made a significant mark by capturing the remaining 15%, highlighting its solid standing in the crypto landscape.

➡️ Why This Is HUGE:

🔵 Market Confidence: This massive influx on day one signals strong investor confidence in both cryptocurrencies and the Hong Kong market's potential.
🔵 Global Impact: These impressive numbers could spark further interest in cryptocurrency ETFs worldwide, potentially leading to more launches and increased mainstream adoption.
🔵 Bullish Vibes: With such strong opening inflows, the mood around Bitcoin and Ethereum is more bullish than ever, suggesting that the momentum for both could continue to build. 🚀🛸

#HongKong2024 #BTC #BinanceLaunchpool #buythedip #fomc $BTC

What to expect from the Hong Kong join to Crypto market ….

Since their joining is first of May there was an inflow of billions into tge crypto that got coins like BTC down #BNB⁩ TO 550 #Solana to almost 100 $

I expect a major bullish before week end
This is the best time to invest
#write2earnonbinancesquare #HongKong2024 #writetoearn

𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 𝗚𝗶𝘃𝗲𝘀 𝗡𝗼𝗱 𝘁𝗼 𝗦𝗽𝗼𝘁 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗮𝗻𝗱 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗘𝗧𝗙𝘀 𝗔𝗺𝗶𝗱 𝗖𝗿𝘆𝗽𝘁𝗼 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗯𝗼𝘂𝗻𝗱

As Bitcoin and Ethereum prices bounce back, Hong Kong embraces the trend with approvals for spot cryptocurrency ETFs, reinforcing its status as a crypto hub.

The move comes ahead of the Bitcoin halving event, boosting market optimism. Despite setbacks like the JPEX fraud, Hong Kong remains competitive against Singapore and Dubai in attracting crypto ventures.

The news sparks a market recovery, with Bitcoin rising 3.1% and Ethereum nearly 6% in the past 24 hours. Solana also sees a 7.4% surge, possibly fueled by network updates

#HongKong2024 #BinanceLaunchpool #write2earn🌐💹

🎉🚀 Get ready for the grand opening of the 2024 Hong Kong Web3 Carnival on April 6! 🎉🚀
From April 6 to April 9, join us at the prestigious Hong Kong Convention and Exhibition Center, 3rd Floor FG (1 Expo Drive Wan Chai, Hong Kong) for an electrifying event like no other! 💥

The excitement is palpable as industry leaders, innovators, and enthusiasts come together to explore the future of Web3 technology. 🌐 With a lineup featuring top projects, groundbreaking innovations, and thought-provoking discussions, the stage is set for a carnival of inspiration and discovery! 🎡💡

As the countdown begins, the anticipation mounts—get ready to witness the market soar to new heights! ✈️🚀
Don't miss out on this epic event—see you there! 💫
#Web3Carnival #HongKong2024 #CryptoRevolution 💻🌟

Follow | Like ❤️ | Quote 🔄 | Comment🙏

💥 HONG KONG'S BITCOIN ETF: BTC PRICE DROP! 💥
We were all hoping that the Hong Kong Bitcoin ETF would boost the market, but it didn't turn out that way. Sometimes, the big players are ahead of the game. That's why it's important not to get too excited or think we know everything. I warned about this in my last post too.
I hope you didn't trade with leverage and set your stop loss. Let's wait and see what happens next.
I spoke with some friends in Hong Kong, and they're positive about the long-term outlook. Stay safe, everyone!
@amelia ava - Founder of BONUZ Project - Dubai, UAE
#bitcoin #etf #BTC🔥🔥🔥🔥🔥 #HongKong2024

Fake Pump ?

Guys , you should make a close watch on how you see the candles are forming and what is the correlation to the movements along with world news .

Bitcoins etfs might be starting on Hong Kong one hour from now
However previous etf approvals don't excite me much with the price action on BTC earlier this year .

As per me this PUMP will not last. A DUMP is incoming for sure IMO

DYOR
#write2earn🌐💹 #BTC_MARKET_UPDATE #BTC_CRASH_UPDATE #volatile #HongKong2024

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝘀 𝗯𝗮𝗰𝗸 𝗶𝗻 𝘁𝗵𝗲 𝗴𝗿𝗲𝗲𝗻 𝘇𝗼𝗻𝗲, 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗰𝗿𝘆𝗽𝘁𝗼 𝗺𝗮𝗿𝗸𝗲𝘁 𝗲𝗮𝗴𝗲𝗿𝗹𝘆 𝗮𝘄𝗮𝗶𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗲 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 𝘀𝗽𝗼𝘁 𝗘𝗧𝗙.

BTC is trading above $65,000, while ether has surged back above $3,100, indicating a calmer market after recent geopolitical tensions.

The dip below $62,000 over the weekend was attributed to market jitters amid geopolitical uncertainties, which have since subsided.

Traders are now focusing on the potential approval of BTC ETFs in Hong Kong, which could unleash significant demand, estimated to be up to $25 billion.

The market was already under pressure due to U.S. tax season and anticipation of the halving, exacerbating the recent volatility.
The launch of ETFs this week could provide easier access to digital assets for traders in China, potentially influencing market dynamics.

#BinanceLaunchpool #HongKong2024 #BTC🔥🔥🔥🔥🔥🔥 #write2earn🌐💹

Bitcoin Halving and Hong Kong’s Action: A New Chapter in Crypto

Bitcoin, the world’s first and most popular cryptocurrency, is once again in the spotlight as it approaches its next halving event. Meanwhile, Hong Kong is making significant strides in the crypto space, with the likely approval of its first set of applications for spot-bitcoin exchange-traded funds (ETFs).

The $BTC Halving

The Bitcoin network is programmed to halve the reward given to miners approximately every four years, an event known as "halving". This mechanism ensures that the supply of Bitcoin is kept in check, preventing inflation. The upcoming halving, expected to occur in April 2024, will see the reward drop from 6.25 BTC per block to 3.125 BTC.

Historically, halving events have been bullish for Bitcoin. They decrease the supply of new bitcoins, making buying more expensive. With demand usually remaining steady, the halving has usually preceded some of Bitcoin’s largest runs. As we approach the 2024 halving, investors are shifting their focus to this event, drawing attention to BTC spot ETF flow data4.

However, it’s not all rosy. Recent reports suggest that BTC miners could face losses to the tune of $10 billion after the halving as mining rewards drop and mining costs increase5.
Hong Kong’s Leap Forward

In a significant development, Hong Kong is likely to approve the first set of applications for spot-bitcoin ETFs this week. 
A total of four entities have submitted applications to launch the spot bitcoin ETFs in Hong Kong.
 This move is expected to make the products ready to start trading in April.
The approval of these ETFs is expected to buoy the market, which had struggled after BTC dumped to lows of $62k over the weekend6. Estimates put the potential inflows at $25 billion worth of Hong Kong ETFs.

Conclusion
As the crypto world anticipates the Bitcoin halving and Hong Kong’s approval of spot-bitcoin ETFs, these events underline the growing acceptance and institutionalization of cryptocurrencies.
#bitcoinhalving #etf #HongKong2024 #BitcoinAwareness