Google Advances Its Layer-1 Blockchain; Here’s What We Know So Far

Google Cloud is moving forward with plans to launch its own layer-1 (L1) blockchain, positioning the network as neutral infrastructure for global finance at a time when fintech competitors are developing out their own distributed ledgers. In a LinkedIn post published Tuesday, Rich Widmann, Google’s head of Web3 strategy,...
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Hemi Labs Raises $15M to Expand Bitcoin Programmability

Hemi Labs, the Bitcoin programmability network founded by Jeff Garzik, has raised $15 million in funding to accelerate development and expand its ecosystem. The round included YZi Labs (formerly Binance Labs), Republic Digital, HyperChain Capital, Breyer Capital, Big Brain Holdings, Crypto.com and others, according to an emailed announcement on...
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Stablecoins Could Grow To $34 Trillion Market, Arthur Hayes Says

Arthur Hayes, co-founder of BitMEX, says dollar-pegged stablecoins could become a central tool for U.S. monetary policy, absorbing trillions in offshore deposits and reshaping global finance. What Happened: In his blog post on Aug. 27, Hayes argued that U.S. Treasury Secretary Scott Bessent may use stablecoins to redirect Eurodollar...
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Bitcoin, Ethereum, XRP, Dogecoin Edge Higher As Sentiment Stabilizes

Cryptocurrency markets are trading higher on Wednesday morning, with sentiment slowly improving. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $111,192.09 Ethereum (CRYPTO: ETH) $4,602.45 Solana (CRYPTO: SOL) $204.74 XRP (CRYPTO: XRP) $3.01 Dogecoin (CRYPTO: DOGE) $0.2207 Shiba Inu (CRYPTO: SHIB) $0.00001248 Notable Statistics: Coinglass data shows 83,243 traders were liquidated...
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