Hemi Labs Secures $15 Million to Develop an Advanced Blockchain Network Powered by Bitcoin and Ethereum
Wednesday, 18 September 2024, 00:25
Introducing Hemi Labs' New Blockchain Initiative
Hemi Labs has announced a successful funding round in which they raised $15 million from renowned investors, including Binance Labs, Breyer Capital, and Big Brain Holdings. This investment will support the launch of an advanced modular blockchain network powered by both Bitcoin and Ethereum.
Key Features of the New Blockchain Network
- Interoperability: Facilitating seamless interaction between different blockchains.
- Scaling Solutions: Enhancing transaction throughput through innovation.
- Security Enhancements: Increasing network security to protect against vulnerabilities.
This project is poised to significantly impact the cryptocurrency landscape as it aims to improve core functionalities of blockchain technology.
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