Google’s cloud unit announced on Friday the formation of an internal team that will build services for blockchain developers and those running blockchain-based applications. This comes amid an explosion of interest, activity and adoption of crypto and Web3 tools from traditional sectors of the economy. Web3 infrastructure of the future Vice president at Google Cloud, Amit Zavery, reportedly told his team in an email on Friday of the aim to make the Google Cloud platform the first choice for developers in Web3. Google Cloud is the company’s suite of cloud computing services, on which all Google-related projects run. As per CNBC, his email read: “While the world is still early in its embrace of Web3, it is a market that is already demonstrating tremendous potential with many customers asking...
Seed phrases, a random combination of words from the Bitcoin Improvement Protocol (BIP) 39 list of 2048 words, act as one of the primary layers of security against unauthorized access to a user’s crypto holdings. But, what happens when your “smart” phone’s predictive typing remembers and suggests the words next time you try to access your digital wallet? Andre, a 33-year-old IT professional from Germany, recently posted on the r/CryptoCurrency subreddit after discovering his mobile phone’s ability to predict the entire recovery seed phrase as soon as he typed down the first word. As a fair warning to fellow Redditors and crypto enthusiasts, Andre’s post highlighted the ease with which hackers can use the feature to drain a user’s funds just by being able to type the first word out of the B...
Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google searches for “Ethereum merge” spike Internet users’ interest in Ethereum’s upcoming network upgrade, dubbed “the Merge,” surged substantially in the week ending April 2, Google Trends’ data shows. Searches for the keyword “Ethereum Merge” reached a perfect Google Trends score of 100 on a 12-month timeframe with most traffic coming from the U.S., Singapore, Canada, and Australia. Internet trend score for the keyword ‘Ethereum Merge.’ Source: Google Trends Merge, also called ETH 2.0, refers to the Ethereum network’s full transition to Proof-of-Stake (PoS) from Proof-of-Work (PoW),...
You know that song by Divinyls, “I Touch Myself”? Well, it would be perfect for Google’s recent patent filing, which may allow users to choose music by drawing on their skin. Google has reportedly filed a patent for skin drawing technology for its wearable devices, specifically the Pixel Watch and Pixel Buds. The patent, which was spotted by LetsGoDigital, shows how users can control their music by swiping or tapping on their skin near the device. By simply tapping near the gadget, a mechanical wave is generated and read by the device’s built-in accelerometers and sensors. They interpret the incoming wave as a gesture for various commands, like skipping to the next song or fast-forwarding. Each wearable device will use machine learning technology to understand...
Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations. A Thursday announcement by Yolande Piazza, Google Cloud’s vice president of Financial Services, said the firm has established a Google Cloud Digital Assets Team that will assist clients in creating, trading, storing value and launching new products on blockchain-based platforms. The blog reads; “This new team will enable our customers to accelerate their efforts in this emerging space and help underpin the blockchain ecosystems of tomorrow.” We’re launching a new, dedicated Digital Asset Team to help underpin the #blockchain ecosystems of tomorrow. Whether you’re implementing...
Google is looking into crypto as part of its financial services growth plans Google’s parent entity, Alphabet Inc., revealed yesterday it had hired former PayPal executive Arnold Goldberg to take charge of its payments division. The tech company is ramping up efforts towards expanding financial services, an endeavour that includes cryptocurrencies. “Crypto is something we pay a lot of attention to […] As user demand and merchant demand evolves, we’ll evolve with it,” Google’s president of commerce, Bill Ready, told Bloomberg. The company’s current payments platform, Google Pay, allows contactless transactions, in-app, and online purchases. The service is available on select user devices, including smartwatches, tablets, and Android mobile devices. Accord...
Facebook WhatsApp Reddit Twitter Shares The tech giant Google has hired former PayPal exec, Arnold Goldberg, to oversee its payments services division.“The move is part of a broader strategy to team up with a wider range of financial services, including cryptocurrencies,” Google’s president of commerce Bill Ready told Bloomberg.Google has further established its footprint in the crypto world. “Crypto is something we pay a lot of attention to. As user demand and merchant demand evolves, we’ll evolve with it,” Ready said.The firm is working through various partnerships and cryptocurrency integrations to enable its users to keep crypto assets in their digital cards while spending fiat currencies.Goldberg was formerly the Senior VP of Merchant Product and Technology at PayPal. .ub805f59458850f...
Web3 and social games publisher Carry1st has raised $20 million in Series A funding to further expand product development in Africa — a continent that could become the premier hub for the gaming industry over the next decade. The investment round was led by Silicon Valley venture firm Andreessen Horowitz, which has been highly active in the blockchain space, with additional participation from Avenir and Google-parent Alphabet. Carry1st’s existing backers, including Riot Games, Konvoy Ventures, Raine Ventures and TTV Capital, also participated in the investment round. The cash injection will be used by Carry1st to expand its content portfolio, grow its in-house development team and spearhead a new growth strategy to attract tens of millions of new users. A key pillar of its growth str...