ChainCatcher news, according to The Block, the hybrid trading platform Cube.Exchange, which merges traditional finance with blockchain technology, has completed a $12 million Series A funding round, led by 6th Man Ventures, with participation from GSR Markets, ParaFi Digital, Susquehanna Private Equity Investments, Everstake Capital, and others. According to insiders, this funding round involves equity with token warrants, with a post-money equity valuation of $100 million. The funds will be used to expand the cross-functional team and plans to obtain licenses in more jurisdictions. Meanwhile, Mike Dudas, founder and managing partner of 6th Man Ventures, has joined the Cube board.Cube is currently in early access mode and is expected to launch publicly in the coming months. Cube CEO Bartosz Lipinski stated that they plan to continue collaborating with listed tokens to provide a rewards pool, and there are currently no immediate plans to issue tokens.Additionally, according to data from the crypto platform RootData, Cube Exchange completed a $9 million seed funding round in October 2023, with investors including Asymmetry Technologies, Susquehanna Private Equity Investments, LLLP, Everstake, Foundation Capital, Big Brain Holdings, Third Kind Venture Capital, Arche Fund, WW Ventures, and members of the Cube.Exchange management team.

ChainCatcher news, the hybrid trading platform Cube.Exchange, which integrates traditional finance and blockchain technology, has completed a $9 million seed round financing, with investors including Asymmetry Technologies, Susquehanna Private Equity Investments, LLLP, Everstake, Foundation Capital, Big Brain Holdings, Third Kind Venture Capital, Arche Fund, WW Ventures, and members of the Cube.Exchange management team.It is reported that Cube.Exchange will initially launch as a spot exchange and then expand to other products next year.

ChainCatcher news, Web3 security startup Cube3.ai has completed a $8.2 million seed round financing, led by Blockchain Ventures, with other participants including Dispersion Capital, Symbolic Capital, Hypersphere Ventures, ICLUB, and TA Ventures.It is reported that Cube3 intends to use this funding to expand the platform to enhance the security of Web3 and educate the community about transaction security risks and their implications.Cube3 founder and CEO Einaras Gravrock stated, "This funding will be used to continuously improve our existing products and develop new ones to ensure developers are protected from the ever-evolving threats in the Web3 security space."

ChainCatcher message, Wu said that according to cubescan, the public chain Cube Chain originally developed by Huobi has stopped block production at 1 PM on the 26th, with a downtime of 31 hours. Community users reported that assets on the chain cannot be withdrawn.defillama data shows that the chain's TVL is $140,000. Previously, Wu mentioned in July 2022 when reporting Huobi's layoffs that the Cube management team was also facing adjustments.

ChainCatcher news, Magic Eden has reached a strategic partnership with the Solana NFT aggregator platform Coral Cube to accelerate the expansion of its ecosystem. Magic Eden stated that Coral Cube has built one of the highest-performing and fastest trading experiences on Solana.Additionally, although Coral Cube is a 0 royalty platform, Magic Eden stated that it will not lower to 0 royalties due to this partnership. (Source link)