Google has taken a significant step into the world of cryptocurrency by introducing a new feature that allows users to access their crypto balances and transactions directly from search results. By simply entering their wallet addresses, users can now see their token balance, recent transactions, and the last time their wallets were updated.
This feature extends beyond just Bitcoin, including other blockchain platforms such as Arbitrum, Avalanche, Fantom, Optimism, and Polygon. It also supports three Bitcoin address formats: P2PKH, P2SH, and Bech32.
While this new functionality enhances accessibility to crypto information, it has also sparked concerns about privacy and centralized data collection. Google’s previous ventures into the crypto space, such as including Ethereum Name Service domain search results and tracking Ethereum wallet balances, have already raised eyebrows.
Google’s partnerships and initiatives in the crypto sector, including collaborating with Coinbase to allow cloud service payments using crypto, demonstrate the tech giant’s growing interest in the industry. The recent update to allow advertising of Bitcoin exchange-traded funds (ETFs) further solidifies Google’s involvement in the crypto space.
As Google continues to expand its footprint in the crypto world, the conversation around privacy and the role of large tech corporations in the decentralized landscape is expected to intensify. Stay tuned for more developments as Google navigates the ever-evolving crypto landscape.
