🚨 GM all, we’re detecting unusual activities from our legacy account @binancelabs. For your safety, please unfollow the old account and avoid interacting with any posts, links, or DMs from that handle. ✅ @yzilabs and @easyresidency remain fully secure and are your verified sources for all comms & updates from us on X. Your security is our top priority. Stay SAFU everyone.

Shervin Beyk is joining Longbow as an Advisor, focused on partnerships. Ex-Binance Labs, ex-A&T Capital as an investment manager. Berkeley before that, and in crypto since 2015. He holds angel positions in companies backed by a16z, Coinbase, Polychain and Founders Fund. Longbow is infrastructure, and infrastructure wins when other people build on it. Protocols routing credit through our markets, treasuries putting capital to work in the vaults. That's won through relationships, and Shervin has spent a decade building exactly those. Welcome @5herv1n 🏹

We welcome @Lombard_Finance as a partner of DAYS Singapore! @Lombard_Finance is a leading Bitcoin finance protocol with $3 billion in Bitcoin onboarded. Founded in 2024 and backed by Polychain Capital, Franklin Templeton, and Binance Labs, Lombard's products — LBTC, BTC.b, the Lombard SDK, Bitcoin Smart Accounts, and Bitcoin Earn — enable Bitcoin holders, corporate treasuries, and financial institutions to earn yield on, borrow against, and deploy their Bitcoin onchain. Lombard's infrastructure powers Bitcoin products for the users of Ledger, Binance, and Bybit, and integrates with Aave, Morpho, and 50+ DeFi protocols across 10 blockchains. Catch the @Lombard_Finance team in Singapore on October 6 Digital Asset Yield Summit is where private capital explores onchain yield: a tightly curated room of 300 institutional allocators and asset managers. A few spots remain open: 🔗 Request an Invite →

Dai, is speaking at Money Frontier 2026. Dai is Head of Global Experience at OneKey @OneKeyHQ . OneKey is the ONLY hardware wallet backed by YZi Labs (formerly Binance Labs) and Coinbase Ventures. With over $3B+ in assets under management and a growing global community, OneKey is setting the standard for secure, seamless, self-sovereign crypto storage. Join him at Money Frontier 2026. Get your tickets and learn more:

Astra Nova x Nomis Astra Nova is partnering with @0xNomis, a multichain identity and reputation protocol backed by Solana Foundation, TON, and Binance Labs, connecting over 1.5M users across 20+ networks.💪 Through Nomis’s onchain reputation scoring and anti-sybil analytics, this collaboration will help strengthen user verification, improve ecosystem integrity, and enable more reliable reward distribution across Astra Nova products.⚡️ Smarter identity. Stronger security. A more trusted ecosystem for our community.

I think Bitcoin is more than just an asset. It’s one of the strongest forms of collateral in crypto. But what if your $BTC could stay exactly where it is and still become productive? I’m researching multiple projects working on this, and @ZestProtocol is one of them. What caught my attention is the backing from YZi Labs (formerly Binance Labs) and Draper VC. The idea is simple: your BTC stays on Bitcoin while its value works elsewhere. No wrapping, no pooling, no giving up custody. Take a look at the project and let me know your thoughts.

Might be the next cook : @CashmereLabs Cashmere Labs is building omnichain monetary infrastructure for seamless, zero-slippage native stablecoin transfers, powered by integrations such as Circle CCTP and USDT0. Beyond bridging, it aims to enable autonomous yield, payments, and cross-chain execution in one flow. 🔷Highlights: • Incubated by Binance Labs • Circle 2026 Grant recipient • Connected to the StonkBroker ecosystem. 🔷Goat Street NFT • Supply: 6,666 • Price: Free mint • Chain: Robinhood WL applications have already closed. To secure access now, look for community allocations and join their DAO for a chance at future opportunities. Don’t miss this one!

YZi Labs-backed BounceBit to permanently shut down its L1 after 286.5M BB exploit BounceBit said an attacker exploited a protocol-level authorization flaw in its Evmos-based chain, moving approximately 286.5 million BB from nine mainnet accounts without authorization. The project raised $6 million in a 2024 seed round co-led by Blockchain Capital and Breyer Capital, with participation from OKX Ventures and HTX Ventures, and later received a separate investment from Binance Labs (now YZi Labs). BounceBit will permanently sunset BounceBit Chain and reissue BB as a BEP-20 token on BNB Chain based on a pre-exploit snapshot. The 286.5 million BB moved by the attacker will not carry over to the new token. No private keys or wallets were compromised, and its CeDeFi, Prime and RWA products were unaffected.

The context for this analysis is provided by the following two articles: "To All Practitioners, Investors, and Observers Concerned About the Future of Web3" "Clarifications and Reflections on Labs" Analysis of Yi He’s Response from a PR and Communication Perspective Yi He’s response demonstrates a high level of professionalism in crisis management but falls short in addressing key controversies. Below is a breakdown of its strengths and weaknesses: I. Effective Strategies Reframing Responsibility: Emphasizing IndependenceBy distancing Binance Labs (rebranded as Yzi Labs) from Binance’s main operations, the response attempts to downplay allegations of systemic corruption, protecting Binance’s brand. Highlighting "layered firewalls" in listing processes implies that any misconduct is isolated rather than systemic. Emotional Resonance: Personal NarrativeYi He recounts personal experiences with rumors (e.g., the "underwear incident"), positioning herself as a victim of baseless attacks. This reinforces the narrative of a "female leader battling bias," garnering sympathy while framing anonymous allegations as potential smear campaigns. Values-Driven Messaging: Anchoring Industry IdealsRepeated references to "user-first," "value creation," and "resisting short-term greed" align Binance with long-term industry visions. This shifts focus away from specific accusations and elevates Binance’s ethical stance. II. Weaknesses and Avoidance Failure to Address Key AllegationsThe response avoids engaging with specific examples (e.g., Hooked, Sleepless AI) or operational details (e.g., advisor token allocations, listing deposits) raised in the anonymous letter. Instead, it relies on generic calls for "evidence," lacking substantive rebuttals. No explanation is given for why implicated employees (e.g., Dana, Nicola) remain in key roles, nor is there transparency about internal investigations. Logical Contradictions: Independence vs. Resource ExchangeWhile asserting Labs’ independence, the response admits that "airdrops to Binance users influence listing decisions," indirectly validating suspicions of quid pro quo arrangements. This undermines claims of robust firewalls. Oversimplified Industry DiagnosisBlaming market chaos on "founders’ profit-seeking" and "regulatory constraints" sidesteps Binance’s role as a gatekeeper in project selection and resource allocation, appearing evasive. III. Risks and Potential Backlash Credibility Erosion from Unaddressed EvidenceThe vague "welcome evidence" stance risks being seen as dismissive if unaccompanied by concrete actions (e.g., independent audits, public investigations), fueling perceptions of collusion. Gender Narrative PitfallsWhile the anonymous letter’s focus on female actors hints at gender bias, Yi He’s comparison of her struggles to "women excluded from dinner tables" risks overshadowing corruption discussions with gendered debates. Values vs. Business RealitiesCalls for "value creation" clash with Binance’s reliance on listing fees and transaction revenue—a contradiction critics may frame as hypocrisy. IV. Conclusion: A Safe but Superficial Crisis Playbook Yi He’s response follows a conventional crisis PR playbook: avoiding admissions, deflecting blame, and reframing issues around ideals. While this may temporarily reassure core supporters (e.g., BNB holders), evading substantive accountability risks deepening distrust in centralized exchanges, especially in a Web3 era that prizes transparency and decentralization. To genuinely restore trust, Binance must take concrete steps: third-party audits, public reviews of contested projects, and community oversight mechanisms. Without such actions, the anonymous letter’s warning of a "race to the bottom" in Web3 may persist, fueled by unchecked power imbalances.