[He Yi States YZi Labs Is Willing to Foster Binance Competitors] On October 10, He Yi posted that applications for the YZi Labs incubator are welcome and expressed enthusiasm for fostering competitors to Binance. Previously, CZ responded on social media to discussions about Hyperliquid co-founder Jeff's participation in the 2018 Binance Labs incubation program, stating that Jeff's project at the time failed, YZi Labs' investment was completely lost, and clarified that YZi Labs does not hold any stake in Hyperliquid.