The logic behind the surge in meme coins, the biggest winner in Q1 2024
There are three key factors for the viability of a meme: persistence, fecundity, and fidelity of replication.
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There are three key factors for the viability of a meme: persistence, fecundity, and fidelity of replication.
As the Bitcoin ETF becomes a sell-off news event, we take a closer look at the risk curve to explore the market’s risk appetite for the token. There are some indicators hinting at ETH outperformance, as well as interesting differences in altcoin price action relative to mainstream coins.
Recently, several clients have come to the law firm to consult on issues related to criminal cases involving blockchain and digital currency.
In the past three years, virtual currency civil cases have rarely been supported by the courts, and most have ended with the rejection of the plaintiff’s claims. Compared with "whether virtual currency is protected by the court", whether virtual currency as property can be enforced by the court is more difficult.
Since 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
Binance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
Binance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
CoinW put forward the slogan "Caring for stray animals, treating them as family" and introduced a social impact initiative promoting "adoption over purchase."
But in terms of market cap and potential reputation, the crash has produced at least one winner: the USDC stablecoin.