Wu learned that Binance Labs announced an investment in Hemi Labs, with the specific investment amount undisclosed. Hemi is a modular blockchain network aimed at achieving enhanced scalability, security, and interoperability by integrating Bitcoin and Ethereum. This round of funding will be used to accelerate the decentralized application development of Hemi, enhance interoperability between Bitcoin and the Hemi Virtual Machine (hVM), and improve blockchain settlement speed. Hemi plans to release multiple updates, including AI data anchoring and DeFi applications, within the next 12 months.