Today's episode covers major developments shaking crypto markets. We dive into the massive $116 million Balancer exploit that triggered emergency responses across DeFi, President Trump's controversial CZ pardon and his claim of not knowing the Binance founder, Sam Bankman-Fried's final appeals hearing, and the significant Bitcoin ETF outflows putting pressure on prices. Plus, Hong Kong's major regulatory opening for global crypto trading and what it means for institutional adoption. Bitcoin currently trades at $107,780, Ethereum at $3,710, with markets down broadly following Federal Reserve signals.