Conduit has launched the G2 Sequencer, which is touted as 10 times more powerful than existing sequencers for rollup frameworks.

This innovative technology offers an impressive processing capability of 50-100 Mgas/s, significantly enhancing the performance of complex applications.

The G2 Sequencer is designed to improve the operation of blockchain applications, particularly during user activity spikes, making it ideal for Web3 games and DeFi protocols.

In fact, it provides 100 times the computing power of Ethereum, allowing for faster operations without incurring additional costs.

In the realm of stablecoins, Hermetica has secured $1.7 million in seed funding for its bitcoin-backed yield-bearing stablecoin, USDh, which has been launched on the Stacks layer-2 network.

This funding round was led by UTXO Management, with participation from CMS Holdings and Ethos Fund, marking a significant milestone as the first bitcoin-backed stablecoin in the market.

Meanwhile, Dynex is conducting a $50 million venture capital round to attract top-tier investors, emphasizing ethical standards through transparency with blockchain.

Dynex has also unveiled a 10-year roadmap to transition from GPU-based quantum emulation to silicon quantum chips, aiming to capture 25% of the quantum computing market by 2034.

The company plans to release its first Apollo Silicon Quantum Chip by 2025 and scale to 1 million qubits by 2034 for real-time quantum computations.

In a related effort, Exponential Science, supported by Hedera, aims to tackle complex societal challenges and drive innovation through research and collaboration.

Founded by Paolo Tasca and Nikhil Vadgama, Exponential Science explores the convergence of blockchain, AI, and quantum computing.