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Binance Labs loses top two executives

Binance Labs, the venture capital and incubation arm of crypto exchange Binance, has lost two top executives in recent weeks. Bill Qian, the head of Binance Labs, is set to leave the firm soon, several people familiar with the matter told The Block. Nicole Zhang, the firm’s executive director, left last month, according to her LinkedIn profile. A Binance spokesperson confirmed Qian’s move, saying: “We don’t comment on people moves at Binance as a matter of policy. However, we can …