Daily View | Tuesday June 14

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【Industry News】

Huobi Global Invests in Public Chain Cube to Expand Web3 Eco-Strategy

Cube, formerly known as Cube Chain, is a new, modular, license-free and EVM-compatible public chain based on a multi-chain layered architecture designed to be compatible with the Cosmos ecosystem, according to Huobi Global’s CFO Lily Zhang. According to Huobi Global CFO Lily Zhang, Huobi Global will continue to invest in more public chains and work on improving the Web3 infrastructure in the future. (crowdfundinsider)

Zhao Changpeng: Binance is expanding hiring and accelerating M&A

June 14 (Bloomberg) — A bear market is a good time for cryptocurrency companies to hire more people and invest more, said Changpeng Zhao, CEO of Cryptocurrency, at a recent conference. He said that Cryptocurrency has a “very healthy” wartime fund, and in fact is now expanding its hiring, in addition to “accelerating M&A activity. According to Zhao Changpeng, there are many projects during bull markets, but the premiums are also usually high, and Cryptocurrency is looking to increase its investments and add to its growing portfolio to “take maximum advantage of the crypto winter. (Bloomberg)

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