Crypto circle热议！Controversy behind 430,000 U: The full story of the Happy-Sci charity project

This is undoubtedly the most discussed event in the crypto circle recently, even CZ stepped in personally to mediate.

The core of the incident involves intense clashes of values, interests, and ethics. Today, I'll provide a thorough introduction for my friends on @Binance Square, clearly explaining the entire background of this event.

To understand how these 430,000 U seemingly disappeared, we first need to clarify the context—everything is connected to a charity project called Happy-Sci.

Background Story

The central figure is Teacher Siyuan, who works at YZi Labs (an investment division within the Binance ecosystem). He has long been deeply involved in the BNB Chain ecosystem and enjoys high recognition in the community, even attracting attention from Vitalik Buterin and CZ.

Teacher Siyuan has a PhD background and fully understands the hardships of this path. It was precisely this experience that led to his personal growth and deep reflection. At the same time, he deeply empathizes with PhD students and early-stage researchers worldwide, especially those facing financial difficulties.

Therefore, Teacher Siyuan initiated a non-profit charity project—Happy-Sci—whose core mission is to directly support such individuals using cryptocurrency (primarily BNB). Notably, He Yi, co-founder of Binance, @Yi He , has explicitly expressed support for this project and personally participated in donations.