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American Ventures LLC, of which Dominari is a member, made an undisclosed investment in the Hemispheres Foundation, the principal stewards of the Hemi project.

#news #defi #funding rounds #tech #jeff garzik

The Jeff Garzik–backed network adds fresh funding as it pushes to merge Bitcoin’s security with Ethereum’s flexibility for DeFi applications.

#ethereum #bitcoin #layer 2 #defi #tech #jeff garzik

Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.

#crypto security #blockchain innovation #bitvm2 #jeff garzik #hemi network #bitcoin interoperability #ethereum cross-chain #blockchain tunneling #secure cross-chain #blockchain supernetwork

The Hemi Network team claims tunneling allows Bitcoin and Ethereum to coexist without the attack vectors associated with cross-chain bridges.