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* * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?> How a Simple Google Search Shows Your Crypto Wallet Balance – CoinsMegaNews

How a Simple Google Search Shows Your Crypto Wallet Balance

1 year ago CryptoExpert
Google Now Allows to Check Crypto Wallet Balance

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Google expanded the capabilities of its search engine, enabling users to check cryptocurrency wallet balances directly through the platform.

This feature supports a variety of blockchain networks, including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom, offering users a comprehensive view of their holdings.

Crypto Wallet Balance Check on Google

The new update allows the search for three Bitcoin address formats: P2PKH, P2SH, and Bech32. It displays current balances and recent transactions, providing near real-time insight into crypto holdings. Moreover, it integrates the Ethereum Name Service (ENS) domains, further enhancing accessibility to digital asset management.

“Balances show only the native token for each network. Last updated timestamp shows balance as of last external transaction. Updates are not instantaneous,” Google search results note.

Google Search for Bitcoin Address
Google Search Results for Bitcoin Address. Source: Google

This development is lauded as a step toward mainstream crypto adoption. It leverages Google’s vast daily search volume to bring on-chain activity closer to a broader audience. However, it has also sparked a debate among privacy-centric individuals concerned about the implications of centralized data aggregation on user privacy.

“More like a huge breach of privacy,” said economist Zac Guignard. Meanwhile, other community memebers believe that the feature makes it easier for regulatory agencies to keep track of investors’ crypto balances.

Still, the inclusion of wallet balance checks in Google Search marks a pivotal moment in industry. It reflects Google’s commitment to enhancing the accessibility and management of cryptocurrencies.

Read more: 11 Best Altcoin Wallets To Consider In March 2024

As the tech firm continues to innovate, its partnership with Coinbase and collaboration with Web3 startups like Orderly Network underline its dedication to lowering the barriers to entry into decentralized finance (DeFi).

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

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