「HYPE Listing Insider Whale」 Reduces HYPE Long Position to $48.41 Million

On February 11, Binance founder Changpeng Zhao (CZ) shared key details in an interview with the All-In podcast: - He first met FTX’s Sam Bankman-Fried (SBF) at a 2019 Singapore conference. - FTX initially proposed a joint venture (JV), which Binance rejected. A later proposal led to Binance acquiring a 20% stake in FTX. - Issues arose during the investment process, including malicious defamation and employee poaching. - Binance withdrew its investment in July 2021 and was not a deep-involved investor. - Ongoing litigation remains active, and specifics about FTX’s bankruptcy proceedings and compensation are unclear. Regarding presidential pardons, CZ revealed: - Applying for a pardon requires a lawyer to draft a petition outlining justifications like overprosecution or evidence of good conduct. - The U.S. President holds sole final decision-making power, with no fixed or standardized procedure for pardons. - Most past presidents issued pardons on their last day in of

On February 11, Binance founder Changpeng Zhao (CZ) told the All-In podcast in an interview that he has over 20 scheduled meetings or calls each day, plus ad-hoc tasks and social media responses. Though extremely busy, the work is highly meaningful—this sense of accomplishment has nothing to do with money or business growth and is hard to put into words. During the Biden administration, the U.S. government has alleged that groups like Hamas used Binance and the exchange failed to take adequate measures to address this. Discussions of related plea deals are subject to legal restrictions. The Biden administration is hostile to cryptocurrency, openly stating it intends to "fight against it." Policy changes under the Trump administration were positive for the U.S. and the world. The hostility toward crypto likely stems from fear of the new, as well as lobbying by the traditional financial industry. Binance operated smoothly between 2018 and 2020. In 2019, it launched a U.S. entity. A

February 10th: Binance founder CZ shared on the All-In podcast: "At around 14, my first job was at McDonald’s. Back then, British Columbia’s minimum wage was $6 an hour—but thanks to a special exemption, McDonald’s only paid $5.50 an hour. "In high school, I started learning to code. When picking a university, I couldn’t decide between the University of Waterloo and McGill. A friend’s mom swayed me to choose McGill for biology, but I switched to computer science after one semester. "I avoided student loans by working summer and part-time jobs. My dad and sister helped me out early on, but I later became fully self-sufficient. In my 20s, I moved into business development."

February 10 — Per CoinDesk, two sources have revealed that cryptocurrency exchange Kraken has dismissed its Chief Financial Officer (CFO) Stephanie Lemmerman as the firm prepares for a U.S. initial public offering (IPO) earlier this year. Lemmerman joined Kraken from Dapper Labs in November 2024 and served as the exchange’s CFO for 14 months. One source noted she is now working as a strategic advisor at Kraken.

**Feb 10 (FXStreet) — U.S. Treasury Secretary Janet Yellen said Tuesday the Federal Reserve, under Trump-nominated Fed chair candidate Kevin Warsh, will closely monitor for any “time mismatch” between employment and productivity amid rapid artificial intelligence (AI) development.** **Speaking via video at an event hosted by Brazilian bank BTG Pactual, Yellen projected the U.S. economy will grow at an average 4.1% rate in the final three quarters of 2025, and noted this year’s nominal GDP growth (excluding inflation) could hit 6%.** **She added that historically, productivity booms have often paired with job growth — and the Fed will watch closely to ensure no such temporal mismatch occurs.**

On February 10, YZi Labs sent a letter to the board of CEA Industries, dismissing CEA’s claim of a "secret agreement" between the two parties as entirely false. The board was fully aware of the agreement—with legal counsel provided by Winston & Strawn—and board members Alexander Monie, Hans Thomas, and Namdar (then CEO of 10X Capital) were fully involved. The so-called "secrecy" is a misleading statement to the public, YZi Labs said. CEA’s demand to terminate the Strategic Services Agreement (SSA) is equally baseless, per the letter. YZi Labs terminated the SSA on December 11, 2025, and provided written notice to the CEA board on December 13. The SSA did not involve any payments and had no impact on negotiations for the 10X Asset Management Agreement. The CEA board is attempting to use an "investigation" as a cover-up for its inaction on the known facts, YZi Labs added. It is urging the board to immediately clarify its misleading statements, fully disclose Hans Thomas’ relevan