him

Binance co-founder He Yi (@heyibinance) published a lengthy article on the X platform on April 10, directly responding to a series of accusations made by OKX founder Xu Mingxing (@star_okx) against CZ and Binance. He Yi refuted each point in the article, stating that Xu deliberately blamed Binance for the market crash on March 11, defined the BNB chain meme as market manipulation by Binance, hired online trolls to suppress competitors, and engaged in "six tactics" such as creating controversies to drive traffic to himself. He bluntly stated, "You know too well how to attack a professional woman," emphasizing that his position is earned through independent effort and is unrelated to anyone else.At the end of the article, He Yi also responded strongly to personal attacks against him, stating, "You know too well how to attack a professional woman, just by stigmatizing 'she is where she is today because of a man,' deliberately creating scandalous rumors, and belittling me as 'a trophy'," and emphasized, "My identity is not given by anyone; I built my own empire. I came, I saw, I conquered; this applies to both my career and my relationships."Previously, CZ (@cz_binance) had posted about Xu Mingxing's public $1 billion bet, demanding that he "apologize like a man." Xu Mingxing responded by stating that CZ's public initiation of a huge bet contradicts the professional ethics expected of executives at regulated exchanges. The debate between the two parties is still ongoing.

Binance founder Zhao Changpeng (CZ) recalled in his new book that after the "9·4" regulatory policy was introduced in 2017, venture capital firms as a whole became more cautious, and Sequoia Capital, which had originally expressed investment intentions, also paused related cooperation. He stated, "Seeing the venture capitalists collectively silent during our most difficult September, I was actually quite disappointed."CZ revealed that prior to this, Sequoia had expressed investment interest at the beginning of He Yi's joining, but chose to wait and see in light of the policy impact. Subsequently, Binance achieved rapid growth from September to October, with the number of users increasing from about 20,000 in August to about 120,000 by late October, ranking among the top ten exchanges globally and becoming profitable.CZ stated that by the end of October, after the risk phase had basically passed, Sequoia re-expressed its investment intentions, but they had proposed to raise the valuation requirement. Ultimately, the two sides could not reach an agreement due to valuation differences. The other party then proposed to pursue legal proceedings, and a week later, four large boxes of legal documents were delivered. CZ said this was the "first time in his life becoming a defendant." CZ mentioned that he later learned that the lawsuit was led by Sequoia's legal team in the U.S., who are skilled at using the media to create public opinion, "the media reporters knew before I, the party involved."

Liquid Capital founder Jack Yi posted on social media that the crypto asset recovery service provider imBack successfully unlocked an iPhone that had been sealed for 18 years and recovered BTC that was previously thought to be permanently lost.Jack Yi stated that he had no expectations of recovering the wallet, and imBack's technical capabilities exceeded expectations. Based on this experience, he has quickly completed an investment in imBack. It is reported that imBack can provide recovery services for early users who hold assets like BTC and ETH but are unable to access their wallets due to device lock or lost private keys.

According to market news, OpenAI CEO Sam Altman privately stated this year that he hopes the company can complete its IPO as early as the fourth quarter; CFO Sarah Friar has revealed to several colleagues that she believes the company will not be ready for an IPO until 2026, citing reasons including the required processes and organizational workload, as well as the financial risks associated with high computing power procurement commitments.Internally, Altman has repeatedly excluded Friar from financial decisions. In recent months, he did not invite Friar to participate in discussions with a top investor regarding server procurement, with one attendee describing her absence as "notable and awkward," as she had participated in previous meetings on the same topic. Since August of last year, Friar has no longer reported directly to Altman, but instead reports to application business head Fidji Simo, breaking the norm where CFOs of large companies typically report directly to the CEO.On the financial front, OpenAI has committed to investing over $600 billion in cloud servers over the next five years, with internal forecasts predicting that it will consume over $200 billion in cash before achieving positive cash flow. The $122 billion financing commitment announced this week primarily comes from Amazon and Nvidia, both of which are also OpenAI's cloud server and chip suppliers, creating a circular capital arrangement. Anthropic has surpassed OpenAI to become the preferred AI model for enterprises and developers, and OpenAI's revenue growth is also slowing.Preparations for the IPO have quietly begun: OpenAI has engaged the law firms Cooley and Wachtell Lipton Rosen & Katz and has had preliminary communications with the IPO teams at Goldman Sachs and Morgan Stanley. Altman privately expressed a desire to go public before Anthropic, which is currently discussing its IPO plans for the fourth quarter of this year. The two executives later issued a joint statement saying they are "completely aligned on the computing power strategy."

According to Onchain Lens monitoring, Vitalik has once again started selling the gifted emoji tokens at a price of 14.5 ETH (worth $30,000). He also sent 70,000 USDC and 44 ETH to Railgun for private fund transfers.

According to CoinDesk, federal prosecutors submitted documents to the judge questioning the authenticity of a letter claimed by FTX founder Sam Bankman-Fried to have been sent from prison. Prosecutors pointed out that the letter was actually sent via FedEx from the Palo Alto or Menlo Park area, which does not match the Terminal Island federal prison where he is located, and the letter incorrectly labeled his federal prison as a state facility, using a typed signature instead of a handwritten one, violating the federal prison's prohibition on using private couriers to send mail.Although prosecutors did not directly accuse SBF or his associates of forging documents, they stated that the aforementioned inconsistencies are sufficient to raise reasonable doubts about the letter's origin, which will affect the credibility of related evidence in his motion for reconsideration. SBF is currently serving a 25-year prison sentence for fraud and conspiracy and is actively seeking a reconsideration, but the appellate judges have shown clear skepticism towards his claims.

According to a report by Jinshi Data, "Fed mouthpiece" Nick Timiraos stated that the surge in energy prices has made the already tricky power transition at the Federal Reserve even more difficult.This process was already quite complex. Kevin Walsh's appointment has been stalled due to a Department of Justice investigation and obstruction from Tillis. Additionally, unlike previous Federal Reserve chairs since Volcker, Walsh has committed to a complete break from his predecessor's policies rather than continuing them.Currently, the market expects a 50-50 chance of interest rate hikes and cuts this year, which could put Walsh in a dilemma: on one hand, there is the president who nominated him, and on the other, the committee he is about to lead.In 2008, after a period of aggressive rate cuts, oil prices suddenly surged. At that time, Walsh strongly pointed out that the inflation risk "is the main risk" and suggested that the Fed's next move should be to raise interest rates. However, Trump's expectations were exactly the opposite.

FTX founder SBF posted on X platform and @Trump, stating that the "Cryptocurrency Market Structure Bill" (the CLARITY Act) will become an important milestone in the history of cryptocurrency development and a significant achievement for President Trump. "I once actively promoted a similar bill aimed at freeing cryptocurrency from the control of former SEC Chairman Gary Gensler, but Gensler helped Biden's Justice Department send me to prison."Imprisoned SBF is launching a futile campaign for a presidential pardon in the United States. Trump pardoned SBF's cellmate, former Honduran President Juan Orlando Hernández, on December 2 last year. Since then, SBF has frequently tweeted his support for Trump's policies, trying to curry favor with Trump in hopes of a pardon or sentence reduction. In fact, SBF's family has been publicly lobbying Trump since early 2025 and actively arranging meetings with his allies. However, earlier today, a White House spokesperson made it clear that Trump has no intention of pardoning SBF.Note: SBF is still in prison, and this message is being forwarded by a friend who has access to SBF's account.

According to a report by the Daily News on Tuesday citing sources, Japanese Prime Minister Sanae Takaichi expressed concerns about further interest rate hikes during a meeting with Bank of Japan Governor Kazuo Ueda last week. If the report is true, Takaichi's recent refusal to raise rates again may complicate the Bank of Japan's planning, as coordination with the newly appointed government would become more challenging.As a result of this report, the yen weakened against both the dollar and the euro. Ueda stated that last Monday's meeting primarily involved a general exchange on the economic and financial situation, and noted that the Prime Minister did not make any specific monetary policy requests. Takaichi herself refrained from discussing the specific details of their meeting, only expressing her hope that the central bank would work closely with the government to achieve its 2% inflation target, accompanied by wage growth.As the meeting took place, market participants speculated that rising living costs due to the weak yen and other factors could prompt the Bank of Japan to raise interest rates in March or April.

According to Crowdfund Insider, Nimbus Capital announced a strategic partnership with the non-custodial wallet Chimera Wallet, built on Bitcoin's VTXO technology, worth $15 million. The aim is to expand decentralized finance (DeFi) capabilities within the Bitcoin ecosystem and promote the development of programmable financial tools on the Bitcoin network.Both parties stated that this collaboration will integrate the underlying security of Bitcoin with the programmable capabilities of the Arkade layer built on Bitcoin, providing users with DeFi-related services including asset exchange, lending mechanisms, liquidity features, fiat deposit channels, and payment integration, while maintaining control over self-custodied assets.Claudio Levrini, founder and director of Chimera, stated that this partnership combines financial expertise with the construction of Bitcoin infrastructure, aiming to enhance the practical application scenarios of Bitcoin while ensuring self-custody. Robert Baker, managing partner of Nimbus Capital, mentioned that this move will help further integrate Bitcoin in institutional and decentralized scenarios.It was introduced that Chimera plans to leverage this collaboration to accelerate product development, including the global promotion of the Chimera Visa card to support BTC and fiat conversion, integration of digital gift cards and merchant gateway systems, enhancement of liquidity and cross-chain interoperability, as well as the development of user-facing features including Swap, yield products, and portfolio management.

According to the Huaxia Times, the People's Court of Jing'an District in Shanghai recently heard a dispute case regarding virtual currency investment. Investor Ms. Wu invested 1.05 million yuan to purchase USDT under the inducement of a live-streaming host, but later was unable to withdraw her funds due to the trading platform being inaccessible.Both the first and second instance of the court dismissed Ms. Wu's claims, determining that virtual currency does not have the same legal status as legal tender, and that related trading activities are considered illegal financial activities, violating public order and good morals, thus constituting invalid civil actions, with losses to be borne by the investor herself. This case echoes the notice issued on February 6 by the People's Bank of China and eight other departments regarding "further prevention and handling of risks related to virtual currencies," reaffirming China's prohibitive policy stance on virtual currencies.

According to The Wall Street Journal, Trump delivered a keynote speech at the annual gala of the Alpha Alpha Club on Saturday night, where he mockingly teased the attendees during a closed-door event.According to those present, Trump told the business leaders and Washington elites that he chose Walsh because he "looks like he walked out of a movie." He stated that if Walsh does not lower interest rates after being elected, he will sue Walsh.However, later on Air Force One, when asked about these remarks, Trump said it was just a joke. He did not receive any commitment regarding the nomination from Walsh. "I could do that if I wanted to, but I didn't."It is reported that Trump had previously expressed concerns that a candidate for Federal Reserve Chairman might "betray him" after being elected.

Dragonfly managing partner Haseeb posted on platform X that in the past few months, the public perception of Binance founder Zhao Changpeng (CZ) has seen a significant reversal: he was once viewed as a "hero" by some in the community upon his release, but currently, some opinions equate him with negative figures like SBF. He believes that both extreme views are unreasonable, but they reflect an interesting phenomenon of changing market sentiment.CZ subsequently responded that both viewpoints are overly simplistic and may be related to changes in market cycles and the macro environment. For example, the crypto industry previously experienced a more sympathetic sentiment under regulatory pressure, while currently, in a relatively friendlier policy environment, if Bitcoin does not continue to reach new highs, market sentiment may turn negative. This could also simply be a change in sentiment driven by bull and bear cycles. He stated that the team will continue to focus on building and thanked the community for their support.

This week, the High Court of England held a hearing in Manchester regarding the civil recovery case of Qian Zhimin's Bitcoin. However, this was a typical procedural hearing and did not make any rulings on asset ownership, compensation schemes, or substantive legal issues. The core issue of the hearing was who would represent the large number of Chinese victims. Judge Turner expressed concerns about the current situation multiple times, as more and more law firms are representing different groups of Chinese victims and making claims under Section 281 of the POCA. The High Court is facing the real risk of "agent proliferation." Additionally, Judge Turner also mentioned another judicial process being concurrently advanced by the High Court, concerning the UK bankruptcy liquidation process of Blue Sky Grey. It is reported that a subsequent hearing is scheduled for February 16-17, during which further arrangements or guidance may be provided regarding the specific impact of the bankruptcy liquidation process on the civil recovery case.

According to Decrypt, the Crown Prosecution Service (CPS) in the UK has informed Sen Hok Ling, who provided funding and assistance to the convicted Bitcoin fraudster Qian Zhimin, that he must pay over $7.6 million (£5 million) within three months, or he will face re-imprisonment and an additional 8-year sentence.Sen Hok Ling is a Malaysian citizen who pleaded guilty in 2025 to a money laundering charge and was sentenced to nearly five years in prison. Between February and April 2024, he received 83.7 Bitcoins from Qian Zhimin and converted them into cash through bank accounts in the UAE and third parties. The civil disposal proceedings involving 61,000 Bitcoins under Qian Zhimin's name are still ongoing.

Mask Network founder Suji Yan commented on Neynar's acquisition of Farcaster in a post on X, stating: "More competition is beneficial. I did hear some rumors earlier, but I never verified them with the Neynar team. We should strengthen our cooperation and sincerely congratulate the Neynar team. To disclose, I am a minor shareholder of Neynar, and we are using Neynar's software and technology. They are a very outstanding group of people."According to previous news from ChainCatcher, Aave founder Stani stated that the governance rights of the social protocol Lens will be transferred to the Mask team, while the original team will serve as technical advisors.

U.S. President Trump said on Wednesday that, despite the Justice Department conducting a criminal investigation into Federal Reserve Chairman Powell, he currently has no plans to fire him, and it is "too early to determine what action he will ultimately take." When asked if he would attempt to remove Powell from his position, Trump told Reuters, "I have no such plans at the moment."When asked if the investigation gave him reason to take action, Trump added, "For now, we are taking a strategy of holding off on him, and we are studying what to do next. But I can't disclose details. It is still too early." (Jinshi)

According to Jinshi reports, the U.S. envoy to the United Nations stated that the United States will impose sanctions to deprive Maduro of resources that fund the "Sun Group," including oil profits.