Hong Fang: Bitcoin Exchange Security and Bear Market Building

Hong Fang is the CEO of Okcoin, a global, US-licensed cryptocurrency platform serving 190+ countries — the largest reach of any US-based exchange. Having experienced the opening of China’s economy, Hong worked at Goldman Sachs for nearly a decade, driven by her passion for free markets. She left Wall Street for cryptocurrency after realizing digital assets offer the financial inclusion that traditional finance only claims to. Hong joined Okcoin in 2019 after making a growth equity investment in the company, and has since overseen the company’s rapid growth. She holds an MBA in Finance, Accounting and Entrepreneurship from the University of Chicago’s Booth School of Business. REFERRAL LINKS: Coin Stories is powered by BITCOIN 2023, which will be the BIGGEST BITCOIN EVENT IN HISTORY held in April 2023. If you missed Bitcoin 2022, make sure to head to  @Bitcoin Magazine  to find videos and highlights of all the biggest events and panels. You can get an early bird pass for Bitcoin 2023 at a steep discount if you head to: https://b.tc/conference/2023. Use code HODL for 10% off your pass. *** Okcoin is on a mission to make crypto investing and trading easily accessible to anyone around the world. We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto. Okcoin is a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. We are a collective of global citizens with a common passion to help decentralize finance and level the economic playing field for everyone around the world. Visit https://www.okcoin.com/natalie for $50 in Bitcoin when you sign up. *** With iTrustCapital, you can actually invest in crypto without worrying about taxes, or fees. iTrustCapital allows their clients to invest in crypto through an individual retirement account, or an IRA. IRAs are tax sheltered accounts, which means all your crypto trading is tax-free and can even grow tax-free over time. The best part is that it’s totally free to open an account, and there are no hidden fees. You don’t need to pay any monthly subscription or membership fees either. If you open and fund an account, you will get a $100 funding bonus added to your account. To learn more, click the link below and open a free account to learn more. https://itrust.capital/nataliebrunell   *** Fold is the best Bitcoin rewards debit card and shopping app in the world! Earn Bitcoin on everything you purchase with the Fold's Bitcoin cashback debit card and spin the Daily Wheel to earn free Bitcoin. Head to https://www.foldapp.com/natalie for 5,000 in free sats! #bitcoin #cryptocurrency #inflation Time codes: 00:00 Promo codes 01:59 Live from Oslo Freedom Forum 02:36 Bitcoin price drop 03:34 Are we in a market or crypto winter? 05:55 Is this a crypto winter? 07:25 Federal Reserve actions 10:29 Terra LUNA meltdown 14:30 Coinbase, possible bankruptcy, exchange security 19:10 iTrustCapital break 19:58 Fold app break 20:30 Okcoin asset security 22:16 BTC in 2022 23:57 Okcoin delisting process 26:02 LUNA on Okcoin 26:37 Gambling on LUNA 28:55 Bringing Bitcoin to billions of people 31:05 Nerves over price fluctuations