Breaking! Will USDT currency exchange lead to criminal charges?
In fact, everyone's daily activities regarding capital entry and exit are consistent with the case below.
In October, a typical financial prosecution case published by the Beijing prosecution authorities caused a stir in the industry: an illegal foreign exchange operation using USDT as a medium involved funds of 1.182 billion yuan, and five defendants were sentenced to 2 to 4 years for illegal business operations.
The key value of this case is far more than just "huge amounts." It clearly defines the criminal boundary of "cross-border currency exchange with virtual currency" for the first time: the core of judicial judgment lies not in whether "virtual currency is considered currency," but rather in whether the actions circumvent foreign exchange regulations to achieve illegal conversion between RMB and foreign currencies.
Some currency documentaries that I strongly recommend everyone to watch when they have time today.
To directly explain financial logic through real events, historical footage, and in-depth interviews.
Organizing these must-see financial currency documentaries to build awareness.
1. (The Rise of Money: A World Financial History) (2008, BBC) A masterpiece of financial enlightenment! A six-part series that clarifies the origins of institutions such as banks, stocks, bonds, and insurance. The most shocking story is that of the Dutch East India Company issuing the world's first stock – the merchant ship hadn't even set sail, and the stock price doubled; after the bubble burst, countless people lost everything. Only after watching do you understand: today's speculative themes are just a replay of hundreds of years ago.
Is it quiet? Binance life, why isn’t it Binance life anymore? Damn, it’s quiet again? Binance cars, why aren’t there any Binance cars anymore? Every day it’s either a surge or takeoff, chat records hitting 999+ in minutes, why does it crash the moment I get in? Damn, with Binance going back and forth, is the coin still stable? One moment the golden dog speeds up, single coin A7, all kinds of takeoffs, wanting to buy cars and houses, wanting to travel all around the country and the world, feasting on various delicacies every day, how can it be that I got tricked into getting in and then it plummets? Is it really that coincidental? After working hard from October 4 to October 9 buying Binance life, buying Binance cars, now it’s good, the Binance car has been driven away, I also experienced a zero-life, sleeping only 4 hours a day, feeling down sometimes I really don’t want to trade coins, but thinking about the situation back home, then looking at my own conditions, I have to grit my teeth and persist. Today the family called, it’s pouring rain and the roof is leaking badly, six chickens ran away, I feel so exhausted. If you care about me, please help me out if you have a way.
Just two days after the major liquidation, BNB hit a new high today! #BNB To understand why BNB has remained so strong, let's first look at the data. This is against a backdrop of market panic and a weak market during the altcoin season!#Binancemaintains its leading position in terms of 24-hour trading volume, open interest, and liquidity. Among DEXs,#Asteralso boasts the highest 24-hour trading volume. This is because the BNB ecosystem has a complete internal cycle, maintaining a stable supply and demand relationship. Whether through Alpha or TGE, BNB's price can be kept stable. Several key factors contribute to BNB's continued highs: 1. As a key token within the Binance ecosystem, BNB enjoys inherent support from exchange fee discounts, on-chain ecosystem activities, and burn/deflation mechanisms. If trading activity and on-chain demand recover quickly after the liquidation, this will also help the price reach new highs. 2. Prior to the liquidation, BNB's bullish trend was strong, support levels were firm, and liquidity and volume all supported a price rebound. The liquidation was a temporary correction, not a trend reversal. 3. During the sharp drop, long positions were liquidated and forced to sell. After some selling pressure was "washed out," the market became relatively cleaner, with less selling pressure, leaving room for a rebound. Binance announced compensation to affected users (approximately $283 million).
Five days ago, when everyone was full of enthusiasm Only I spoke about the possible direction of future development Sure enough, a crash happened last night I saw many people being liquidated again Many people faced liquidation The bulls have already been mostly cleared out If those in charge had seen my message earlier If only 1% had believed It might have saved one liquidation Preserving the principal is the most important thing Surviving is the most important thing But at this moment, I want to say It might be a Good time to buy the dip In the past, after large-scale liquidations The market usually lightens up a lot So it might bring a brief rally But it will definitely be in the tail end of a bull market Bitcoin has been in a bull market for three years now Aren't you afraid after such a long time? Trump also wrote a small essay to raise tariffs Overall development requires us to work hard in the future Accumulate capital, see you in the next bull market But there will be some opportunities later But they won't be that common anymore.
A Beginner's Guide to Entering the Crypto World and Avoiding Pitfalls - A Comprehensive Series
1. The Past and Present of Cryptocurrency
“Before diving deep into cryptocurrency, let's take a step back and consider the most fundamental question: What exactly is 'money'? In fact, money is a medium of value exchange that is recognized by everyone. The paper currency we use has value because it is backed by the government and banks, and the public trusts the government and banks.
But cryptocurrency is completely different; it is not issued by any central authority. It uses a complex set of cryptographic and blockchain technologies to make every transaction public, transparent, and immutable. Therefore, it inherently possesses three core characteristics: First, decentralization, not relying on banks, peer-to-peer transactions; Second, blockchain, transactions are public and transparent, cannot be tampered with, and everyone has a copy of the 'public ledger'; Third, scarcity, with a limited total supply, there won't be excessive issuance. So, why has such a disruptive thing emerged?”
Summary of the meeting with CZ, Pancake, Fourmeme, Aster!
CZ attended this meeting on the way to the office, a summary of everything discussed in English about the BNB super cycle, to see if there are any opportunities to seize? @Aster_DEX @four_meme_ @TrustWallet @PancakeSwap
What is behind the growth of the BNB chain's volume? The BNB chain team is focused on lower gas fees, faster on-chain transaction speeds, and many platforms are helping, like Trust, Aster, etc.
CZ personally does not have time to plan more memecoins Generally, it's said to sound good, let's do it! People will go for it! When people ask what CZ did in the past, CZ says he did nothing, hahaha, it's mostly the builders' credit.
Summary of October 7 @BNBCHAIN Golden Dog Collection🔥 These are collections of tokens that provided part of the entry time and have a certain multiple. The three sections are name, market value, and multiple. 1. 00:19:30 #Missed Life $1.59M +1376% 2. 01:02:43 #SQUADSTR $369K +2391% 3. 01:42:00 #Froge $2.71M +24307% 4. 02:33:30 #1234 $105K +771% 5. 04:37:28 #YUNO $478K +3091% 6. 05:42:33 #Big Brother $595K +833% 7. 09:23:09 #Binance Cattle $65K +2425% 8. 10:43:19 #Binance Mode $699K +3505% 9. 11:09:46 #YELLOW $1.9M +1926% 10. 14:00:35 #🔶 $6.6M +1160% 11. 14:00:19 #WISHDOG $2.99M +1117% 12. 14:58:29 #CZLU $1.94M +1672% 13. 17:30:35 #Binance Community $3.07M +19305% 14. 18:04:27 #Customer Service Xiao He $3.04M +10445% 15. 19:56:20 $MAIN $5.57M +1551% Remember this when you cross over in the future.
Others are greedy, I am afraid🚨 Too FOMO for everyone, watching makes me scared
Clearly, for the past two days, I have also been like everyone else, running around trading Inner market surge, #Binance life surge, #palu surge Anything that can surge, I surged, but suddenly I felt a shock in my heart Something is wrong, very wrong
So I ran over and spent 888 to ask a fortune I asked a master who knows nothing about the crypto circle I said I am investing in something that's very hot, can I keep surging The master said to me, destruction appears in prosperity When everyone is surging, that's when you should exit He also warned me to be cautious of scams and pyramid schemes
I thought, ah Even a master who doesn't understand can see such a simple truth How could I be blinded by the surge in prosperity Crazy surging, still remember that joke
Bro, I'm out, There is no banquet that does not end, This feast has already reached its final moment, Delicacies have long been consumed, Only leftovers remain, a scene of devastation. The wise have already eaten to their fill and quietly left, You, still unaware, are reluctant to leave, Clanging your chopsticks against the bowl, Hoping for the next delicious and lavish main course, In the end, what arrives is the hefty bill for this feast, Someone always has to foot the bill, and this time it’s you
This time I believed Believed in the prediction of the wolf killer, the end is not far away Everyone stay rational, stay clear-headed, stay vigilant, I might be the only one reminding everyone now.
Recently, I have missed big opportunities on the BSC chain again, let's summarize again:
1. I used to participate in the most construction on BSC, which everyone can see is At that time, with the goal of making the BNB chain great again, from 3M to 200M in market value, but later due to believing too much in something that didn't launch, it went from 50 times to basically zero 2. At that time, it was said to be a test coin and no one believed it. I thought how could a test be played as a real game? As a result, I saw it go from tens of thousands to over 10 million in market value before entering, and I didn't dare to hold it for too long, and eventually it went to spot trading 3. I was also biased, thinking isn’t this SpongeBob? How could this work? As a result, it was again spot trading
4. Several dogs were arguing, with a one-third chance of not dying, and as a result, all three took off together
Recently saw the hands-on @Yi He @CZ asking various KOLs about their experiences with Binance and its features!
So I will analyze some existing product functionality issues and possible areas for improvement from a professional operations and product manager perspective! (APP side and comparing with relevant competitive product analysis) (The child typed this out by hand, and no one asked me 😭 ) 1. The loading issue when entering the APP, different components will present in a sequential display, currently not synchronously refreshing, leading to a perception of lag for the user. 2. The asset balance and profit/loss section on the homepage, display of amounts decimal point rule issues, currently showing up to 8 decimal places, some users may feel the display method appears overly complicated, and there may be some small-scale assets that are ineffective. 3. After some new user feedback, most new users are confused about asset transfer issues, not knowing how to transfer funds between different accounts, which creates a barrier for new users. 4. The asset K-line chart issue, after selecting a past date and releasing, only stays for about 0.5 seconds, making it difficult to clearly observe the asset situation for that day, and in some cases, there may be situations where it cannot be clicked. 5. On the market intraday page, viewing the candlestick chart scenario, currently only supports long press to view, if tapped lightly, it cannot display specific market data. 6. On the currency information page, there is a four-level layered tab to the latest content, in terms of UI display method, multiple layered tabs overlapping is not conducive to user experience. 7. For KOLs, the rebate backend is currently not fully developed, there is a delay in click refresh, and after configuring the link, it cannot make proportional changes for users again.
For now, I've come up with this much, there may be some inaccuracies, but it's also a contribution to improving Binance products! @Binance Customer Support
Does education level affect the ability to become a KOL?
Just like you are participating in a heated debate that seems impossible to resolve, the affirmative side has its five arguments, and the negative side has its five counterarguments. The audience, due to their diverse backgrounds, stands on either side waving flags and shouting. Just like the banned Hu Chenfeng, who might be belittling junior college students while boasting about his own success as a high school graduate, the root of this issue lies in luck and opportunities.
However, the definition of all KOLs should be clear and consistent: it should rely on one's own content and abilities to lead fans to make money. This should be the mainstream value proposition that everyone wants to present. Some who ride the wave of popularity may deceive people, but ultimately, they cannot sustain it and will only be attacked by the public.
The high-education KOLs listed do meet such conditions and capabilities, but there may be two points to consider. First, whether they entered at the right time, and second, whether they had enough luck. After becoming KOLs through certain methods, they achieved more success and found their own niche. Secondly, regarding the data sample from surveys, in the broader public’s perception, whether in the cryptocurrency space or the ordinary internet era, the situation presented still gives a sense of the success of ordinary people, more down-to-earth individuals. Perhaps we should investigate more KOL situations; are ordinary people far more than just these dozen or so? Of course, in the end, it must be the achievements that speak for themselves, but the path in between can indeed differ!
As for some high-education KOL groups that may still be relatively weak or have not yet succeeded, whether their focus is on real-world work, or they have not yet found their direction, or they have been in the field for a short time and need to grow, they can use their advantages and skills to prove themselves. Meanwhile, those low-education KOLs who have not yet succeeded can find language that the public can understand, more down-to-earth, and better suited from an ordinary person's perspective to find their audience. Both approaches are valid.
Become a Binance Square influential creator in one day! The secret not to be passed on, don't wait foolishly any longer, straightforward steps to successfully make a bag 🔥 1. Assume you are a newbie account with 0 followers 2. Recharge 20u into the exchange, later I will teach you how to eat and take it 3. Currently, you have 20u, you can go to the creator task platform and find some tasks from project parties, usually there will be 5 tasks, each project can repeatedly use this 20u to complete 4. After completion, you will receive different amounts of token vouchers, as shown in the picture below, the average value of each token voucher is 10u, at this time your 20u is still there, without cost obtained, what you can do is use chatgpt or gemini to generate some articles to publish 5. At this time, you may already have dozens of followers 6. Then you need to go to a crowded live room and request to become a co-host, saying you want to issue red envelopes, this service on Xianyu has someone charging 488 for you to pay, but only the unlucky ones would give it 7. After going online, holding the token vouchers you recorded earlier, go to issue red envelopes, there will be many profit seekers and Indian guys coming to pay attention to you receiving red envelopes 8. This is the fastest time for your follower growth, soon you will reach 1000 9. After reaching 1000 followers, start live streaming, then issue red envelopes yourself, stepping on the left foot and right foot, spiraling upwards 10. You can add market charts of mainstream coins in the articles, there will be some commission returns
I want to issue red envelopes, is there any live room inviting me? #BNB
1. When no coin on Solana breaks a market cap of 1 million within 24 hours, BNB Chain's #4 surprisingly breaks 100 million USD market cap within 48 hours. This must be one of the innovative memes. So what is the other innovative meme that CZ mentioned? It can definitely lead to similar derivatives. 2. First, community activity + topic popularity play a key role. The common point is that there must be a topic of discussion. We can take a look at the currently high discussion topics or common ones on BNB Chain. 3. Secondly, it is the linkage between capital flow and confidence effect. When a chain continuously produces popular coins, it’s like a snowball effect: more funds rush in, whether retail or institutional, all want to follow the trend. BNB itself, as the core of the ecosystem, has strong backing, which will accelerate the inflow of funds on the chain. 4. So has anyone guessed what the other one is? #bnb
This wave #4 gives me a very familiar feeling Isn't this just imitating Tst????? I even said before going to bed last night that this has peaked It must definitely rise tomorrow, and sure enough The latter is definitely going to go up with a contract first Then go up with the spot again So familiar this $4 🥹🥹
Notcoin: The Story from the 'Village Entrance' to 'Wall Street'
Imagine the world of cryptocurrency as a vast financial market, filled with towering skyscrapers (like Bitcoin and Ethereum), and well-dressed financial elites who speak in jargon we don't understand, playing complex games we can't comprehend. This market seems glamorous, but for ordinary people, it feels like a distant and closed-off world. Then, Notcoin appeared. It has no skyscrapers, no complicated rules; it resembles a vendor at the village entrance, selling a type of 'snack' that everyone can afford. Its 'snack' is the 'tap-tap-tap' game. It tells everyone passing by: 'Hey, don't be afraid, you don't need to understand those complex formulas, nor do you need to grasp those profound theories. All you need to do is tap your finger, and you can join in.' This sounds a bit unbelievable, but that is the magic of Notcoin. It breaks down the wall between the world of cryptocurrency and ordinary people in the simplest way. It gives a person who usually only plays casual games and watches short videos the chance to 'mine' a type of digital currency for the first time. Therefore, the story of Notcoin is less about the success of a cryptocurrency and more about the success of **'inclusiveness'**. It serves as a bridge, connecting two worlds in the most inconspicuous way: one is the daily life of ordinary people, and the other is the lofty realm of crypto finance. Finally, when these 'village entrance' vendors, carrying the 'snacks' they 'tapped' out, walk into the exchanges of 'Wall Street', the story becomes even more interesting. It proves that sometimes the simplest ideas can spark the most profound change. @The Notcoin Official #NOTCOİN $NOT
Have you ever played those mobile games where you just keep tapping the screen to earn coins? Notcoin started out as just that, a mini-game on Telegram. It has no complex design, no flashy graphics; it simply lets you keep tapping a coin icon, and then you 'mine' their currency. Doesn’t it sound a bit silly? But that’s where its power lies. Because it’s so simple, it quickly became popular. Even those who usually know nothing about cryptocurrency can easily get involved. Tens of millions of people are tapping, playing, just like a large-scale national movement.
Why has it become so popular?
The barrier to entry is incredibly low: you don’t need to understand blockchain, you don’t need to spend money on mining machines, you just need a Telegram account and a finger that can tap. It’s like a massive lottery: everyone is tapping, everyone is 'mining', and although no one knows how much it will eventually be worth, that feeling of 'what if I get rich' is enough to attract people. Viral spread: It has an invitation mechanism; the more people you invite, the more rewards you get. This model allows it to spread like a virus, from one friend to another, rapidly expanding.
How is it different from other cryptocurrencies?
Other cryptocurrencies, like Bitcoin, were created to solve real problems and have a deep theoretical foundation. But Notcoin is more like a social experiment. It proves that even if something doesn’t have any advanced technology, as long as it can attract enough people, it can create value. It’s like you and your friends are playing a game; the game itself may not be anything special, but because it gathers everyone together, it becomes interesting and meaningful. Notcoin utilizes this **'the more people, the more power'** logic, turning a simple game into a cryptocurrency project with tens of millions of players. In summary, the story of Notcoin is very simple: a tapping game that introduced countless ordinary people to cryptocurrency for the first time, and in the most straightforward way told them: 'Hey, you can participate in this too.' @The Notcoin Official #NOTCOİN $NOT
Notcoin: A Celebration Without Cryptocurrency 'Big Shots' In a corner of the crypto world, there is a group of people who once found those complex algorithms, advanced technologies, and Bitcoin worth tens of thousands of dollars to be out of reach. They watched the 'big shots' discussing decentralized finance (DeFi) and non-fungible tokens (NFTs), feeling like outsiders excluded from the conversation. Then, Notcoin appeared. It has no grand vision, no complex code, and even its name carries a tone of cynicism. It is just a game, a 'click-click-click' game that anyone can easily participate in on Telegram with just a finger. This game acts like an invitation, bringing in those who once hesitated at the thought of cryptocurrency. Tens of millions of people are involved, most of whom may not understand what blockchain is, let alone care about smart contracts. They only know that if they click fast enough, they can earn some virtual 'coins.' This simple and straightforward way of participation has become its greatest charm. It breaks down the inherent class barriers of the cryptocurrency world, allowing an ordinary person, even a bored student on a bus, to easily become a participant in this digital gold rush. The success of Notcoin is less a technological victory and more a psychological victory in society. It redefines the concept of 'mining' in the simplest way possible. It tells people that you don't need expensive equipment or deep knowledge; you just need a mobile phone and a little patience. This story about Notcoin is less about the rise of a digital currency and more about the birth of a community. A community made up of tens of millions of ordinary people who, with their fingers, have carved out their own place in this vast digital world. @The Notcoin Official #NOTCOİN $NOT