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Notes on MEMEs - From He Yi, Binance Co-Founder

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1. Subcultures: From the Fringe to the Spotlight Expression is a universal human trait. A great meme can transcend cultural boundaries and make anyone smile. When collective identity, emotion, and intention converge, they form distinct values, language, and aesthetics. That’s how subcultures emerge — like the dramatic QQ “Zang Ai” clan, the dance style “Shehui Yao” during the mobile video era, or the fringe-dwelling “Sanhe Gods” of post-industrial China. They may seem obscure or outdated today, but they each embodied a striking and extreme expression of their time. No subculture is inherently superior. A hippie on a spiritual retreat isn’t more refined than someone reading pulp fiction. Enjoying Star Wars or believing in reincarnation doesn’t make someone more sophisticated than a fan of 90s Hong Kong gangster films. In fact, the more niche the aesthetic, the less it resonates universally. We’ve lived through the agricultural, industrial, and information revolutions — and now we’re cra...
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BRICS: Here's How Trump's Reciprocal Tariffs Will Impact The US Dollar

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Since his return to the White House, US President Donald Trump has sought to end global de-dollarization. In pursuit of that, he has targeted the BRICS alliance with 150% tariffs, as Trump is now set to levy reciprocal tariffs on the entire world, with the US dollar bound to be affected. Since his election win in late 2024, he has placed a massive target on the BRICS bloc. Specifically, he sought to end any talks of local currency promotion within the global south. However, this move is less about the status of the greenback and more about balancing global trade. So, what impact will it have on the asset? Source: The New York Times Also Read: BRICS President Eyes Increased De-Dollarization as US Trade War Lingers BRICS & The World to Face Trump Tariffs on US ‘Liberation Day’: How Will the US Dollar Respond? US President Donald Trump has been hyping up his April 2nd announcement as the country’s ‘Liberation Day.’ The administration is set to unveil a string ...
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USDC Stablecoin Issuer Circle Files for IPO

Circle, a stablecoin platform and issuer of the USDC coin, has officially filed for IPO, according to a new SEC filing Tuesday. The platform enlisted the help of two of the largest investment banks, JPMorgan and Citi, earlier this week in underwriting the IPO. JUST IN: Circle $USDC stablecoin issuer files for IPO. — Watcher.Guru (@WatcherGuru) April 1, 2025 Circle announced in January 2024 that it was relaunching its plans to go public after delaying a planned IPO in December 2022. The company sent its S-1 registration form to the SEC on Tuesday. Although we are just three months into the year, 2025 has been a fantastic year for cryptocurrencies. Indeed, the asset class has been a focus for the returning US President, Donald Trump. Moreover, he has paid close attention to stablecoins specifically, calling on Congress to forward favorable legislation for the asset class. This is the primary reason for a company like Circle looking to finally go public with its IPO. When the filing is co...
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Someone stole the stolen money from ZKLend – Protos

A bizarrely twisted tale unfolded yesterday in crypto’s underworld of decentralized finance (DeFi). The perpetrator of a multi-million dollar heist against a project called ZKLend (short for “zero knowledge proof lending”) subsequently lost those ill-gotten gains to a second phishing scam. The ouroboros started on February 11, 2025 when ZKLend lost 3,600 ether (ETH) to its hackers. Administrators begged them to return the funds and unfortunately, weeks went by with no news. ZKLend announced a $500,000 bounty for the arrest and return of funds, but still no luck. Then, on March 31, an on-chain chat between the hacker “Fake_Phishing927538” and ZKLend’s token deployer account revealed new, devastating news.  “​​I tried to move funds to tornado [cash] but I used a phishing website and all the funds have been lost,” Fake_Phishing927538 wrote to the ZKLend team.  “I am devastated. I am terribly sorry for all the havoc and losses caused. All the 2930 eth have bee...
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Over 40% of Dogecoin millionaires wiped out since Elon Musk began D.O.G.E.

Elon Musk has become so closely linked with Dogecoin (DOGE) that he decided to embed the joke into the name of his new and semi-government agency: Department of Government Efficiency (D.O.G.E.). Although Musk was once a major bullish catalyst for the meme coin, recent Finbold research suggests he may now be having the opposite effect on the cryptocurrency’s value and sentiment.  Finbold data shows that the number of Dogecoin millionaire addresses plunged by 41.37% between January 21 and March 31, a decrease of 964 addresses in just over two months. Over the same period, DOGE price has crashed nearly 50%, from $0.34 shortly after D.O.G.E. was officially established and President Donald Trump was inaugurated to $0.17 at the end of March. Looking at the wealthiest Dogecoin holders, the proportional drop in the number of addresses with between $1 million and $9.99 million and those with $10 million or more has been massive. Addresses with $1 mi...
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Top Global Crypto Exchange Binance To List New Blockchain Gaming Token via the Launchpool Platform

Binance plans to use its Launchpool platform to launch trading support for the new native asset of a gaming blockchain. Binance Launchpool, which lets users stake coins to farm new assets, says its 66th project will be GUN, the official token of the GUNZ blockchain, which was built by developer Gunzilla Games. The chain currently powers Gunzilla’s Extraction Royale game “Off The Grid” and its infiltration game “Technocore.” Gunzilla says in the project’s whitepaper that the chain was “purpose-built for AAA web3 gaming.” “Originally created to support a community-driven economy for Gunzilla’s flagship title, Off The Grid (OTG), GUNZ has evolved into a full-featured platform offering blockchain-native infrastructure essential for modern game development.” Between March 28th and 31st, Binance users can lock their BNB, the crypto exchange platform’s native asset, as well as the stablecoins First Digital USD (FDUSD) and...
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Redbelly Network, Achieves the World’s Highest Throughput Blockchain by Chainspect’s Independent Testing

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Redbelly Network sets a new benchmark in blockchain scalability and performance, delivering unmatched throughput and instant finality. Sydney, Australia , March 28 — Coinscribble by Coinbound / Redbelly Network , a purpose-built Layer 1 blockchain for real-world assets, today announced that it has been officially recognized as the world’s highest throughput blockchain by Chainspect’s latest independent benchmarking. This landmark validation reaffirms Redbelly Network’s position as one of the most scalable, secure, and high-performing blockchain infrastructures available today. Redbelly Network Achieves Industry-Leading Performance Chainspect, a respected blockchain performance analytics company, conducts rigorous testing across multiple leading blockchains. Their latest findings reveal that Redbelly Network achieved industry-leading transaction throughput and the lowest latency without compromising security or decentralization. “Our goal has always...
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Hyperliquid growth driven by leveraged degeneracy, trade sharing

Although mostly indistinguishable from a regular crypto exchange — it offers derivatives trading and issued its own proprietary coin — Hyperliquid has managed to capture market share through two particularly successful Features . While it debuted with a generous airdrop of its HYPE token, this is nothing out of the ordinary. After all, many other crypto exchanges have tried giving away free money in the hopes of generating a return via media attention. However, the HYPE airdrop did give the token enough momentum to fund its team and allow it to go on to tweak two pages from the conventional exchange playbook. First, Hyperliquid created a platform that allows users to create hedge fund-like Vaults and trade other people’s money . Despite being geo-restricted from the US (that activity is illegal without Securities and Exchange Commission (SEC) registration), these Vaults helped extend momentum from its $1.2 billion airdrop . During the exchange’s early ...
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Ben Armstrong arrested a second time after emailing defamation judge

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Crypto influencer Ben Armstrong, formerly known as BitBoy, has been arrested for a second time after sending a number of emails to a judge he has previously branded “corrupt,” and a “future convicted felon.” Armstrong, who has been denied bail, claimed via X last Friday that an arrest warrant was issued for him after he contacted Judge Kimberly Childs, who is presiding over a defamation lawsuit against him.  It’s unknown what the emails say, but around the same time, Armstrong also shared numerous posts criticizing Judge Childs and claiming that she is “ holding my children hostage .” Ben Armstrong’s mugshot Read more: Ben ‘BitBoy’ Armstrong baits media with dramatic YouTube ‘quit’ Judge Childs is presiding over the lawsuit filed by Hit Network and its parent company BJ Investment Holdings on September 28, 2023, which accuses Armstrong of libel and slander .  Armstrong was last arrested in September 2023 after he livestreamed himself driving to the h...
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Cardano adds 15,000 smart contracts in 2025

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Cardano (ADA) has etched out a niche as a particularly developer-friendly blockchain ecosystem.  The increasing adoption of its Plutus-based smart contracts remains a key benchmark for evaluating Cardano’s long-term prospects. At the beginning of the year, the ecosystem had 6,877 Plutus V1 scripts, 106,464 Plutus V2 scripts, and 444 Plutus V3 scripts, for a total of 113,786, according to data retrieved by Finbold from Cardano Blockchain Insights . Picks for you If you invested $5k in Bitcoin five years ago; Here’s how much you’d have now 26 mins ago XRP is only $2 billion away from flipping Tether to rank as world's 3rd largest crypto 2 hours ago ...
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US President Trump Says He Hopes Fed Chair Powell Will Lower Interest Rates

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During an important cabinet meeting taking place today, US President Trump has reportedly said he hopes that Federal Reserve Chair Jerome Powell will lower interest rates. Indeed, Trump expressed his dissatisfaction with the Central Bank’s decision to keep interest rates unchanged in March. The Federal Reserve has been fighting against inflation for the better part of two years. In a post-COVID economy, it had gotten that figure down closer to its 2% target. However, concerns surrounding the US economy’s trajectory led them to halt those efforts this month. Now, it is beginning to create a clash between Chair Powell and the 47th President. JUST IN: President Trump says he hopes Fed Chair Jerome Powell lowers interest rates. — Watcher.Guru (@WatcherGuru) March 24, 2025 Also Read: UAE Commits to 10-Year, $1.4T Investment in US After Trump Meeting President Trump Reiterates Desire for Federal Reserve to Lower Interest Rates The US economy has been stuck in a rather concerning ...
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Shiba Inu: How Much Would $1,000 Turn Into If SHIB Reclaims All-Time High?

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After a rather challenging seven days, Shiba Inu (SHIB) was seen starting the final week of March on a good note. The second largest meme coin showed signs of recovery. March has been a chaotic month for most assets in the cryptocurrency market. Over the past 30 days, SHIB recorded a drop of 16.87%. The asset went from trading at a high of $0.00001578 down to a low of $0.00001095. The community hopes to witness a change in the price of the meme coin. Also Read: Will XRP Rocket 75%? SEC’s Legal Decision Sparks Massive Rally How Is Shiba Inu Trading Today? Source: Watcher Guru Over the past day, SHIB recorded a price rise of 0.02%. Earlier today, the meme coin was priced at $0.00001309 before dipping to $0.00001276. At the time of writing, the asset saw a dainty recovery and was trading at $0.00001286. Source: CoinMarketCap Shiba Inu’s current price is a far cry from its all-time high. Back in 2021, SHIB managed to rise to its peak of $0.00008845. This was attained just a year after...
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UAE Commits to 10-Year, $1.4T Investment in US After Trump Meeting

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In what is a major move for both countries, the United Arab Emirates (UAE) has committed to a 10-year investment framework in the United States worth $1.4 trillion after meeting with US President Donald Trump, according to White House officials. Indeed, the financial commitment came after both sides met earlier this week. Moreover, the Trump administration Crypto Czar, David Sacks, met with senior UAE officials Friday to discuss both the digital asset industry and AI. Alternatively, the deal will see financial investments increase in the US and is expected to provide a massive boost to the economy. JUST IN: UAE commits to 10-year, $1.4 trillion investment framework in the United States after meeting with President Trump. — Watcher.Guru (@WatcherGuru) March 21, 2025 Also Read: Ripple Gains DFSA Approval: Crypto Payments Now Legal in UAE UAE Commits $1.4 Trillion US Investment Into AI Infrastructure, Manufacturing, and More Taking to Truth Social earlier this week, Donald Trump announce...
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Elon Musk's Role: Key Developments and SHIB’s Future

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Elon Musk’s Shiba Inu connections are making waves in crypto circles, as SHIB evolves beyond its meme status. Recent outreach from the Shiba Inu team to Musk, which happened just this past week, highlights some major developments that could impact the token’s future direction. Various major blockchain initiatives have spearheaded innovative approaches to network scalability while the Shiba Inu burn rate accelerates and also new technology is being implemented at the time of writing. Also Read: ANZ Bank Revises Gold Price Forecast: Check New Target Elon Musk’s Influence on Shiba Inu: Burn Rate, Market Trends, and SHIB’s Future Source: Make Use Of Strategic Outreach to Musk LUCIE, Shiba Inu’s lead marketing strategist, recently reached out to Elon Musk about SHIB’s transformation over the years. Strategic communication initiatives have engineered new pathways for institutional recognition within the cryptocurrency ecosystem. In her X post, she outlined ...
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