Tag: LayerZero
A16z doubles down on LayerZero with $55M investment
Venture capital firm Andreessen Horowitz, or a16z, announced a $55 million investment in LayerZero, a Web3 company that runs a crosschain messaging pr [...]
LayerZero Users Must Pay 10 Cents Per ZRO To Claim Token
“By donating to Protocol Guild, eligible recipients show long-term alignment with the LayerZero protocol and a commitment to the future of crypto,” La [...]
Crypto Bridge LayerZero Connects to Solana Blockchain
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Interoperability Protocol LayerZero Takes Snapshot as First Airdrop Draws Closer
The firm announced plans to issue a token in December, saying it would be released “in the first half of 2024.” In a post on X, LayerZero developers r [...]
Lido DAO Rebukes LayerZero by Endorsing Rivals Wormhole, Axelar for Crypto Bridge
"By unilaterally deploying a bridge and marketing it in an official-seeming way, it feels like you are trying to pressure the DAO into accepting your [...]
Shimmer Adds Cross-Chain Messaging Through LayerZero to Enable Transactions on Different Blockchains
Initial connection to other blockchains through the Shimmer bridge, a tool that transfers value between different blockchains including Ethereum, Bina [...]
Starknet, LayerZero, and More Fuel Crypto Rally with Token Releases
Loyal readers of The Protocol will recall our riff in last week's issue, headlined "Bitcoin Censorship, or Just 'Spam Filtering?'" The gist of the sto [...]
LayerZero Confirms Airdrop Plans, Boosting Some Ecosystem Projects
As of Friday, LayerZero has not outright mentioned how it intends to reward users for using its network. However, popular strategies include merely in [...]
FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy
Bankrupt crypto exchange FTX has filed a lawsuit against cross-chain protocol LayerZero Labs, seeking to recover $21 million in funds that were allege [...]
LayerZero, Stargate Propelled 2Q Growth in Avalanche Blockchain: Nansen
Daily transactions on Avalanche C-Chain, an implementation of the Ethereum Virtual Machine, grew to just under 500,000 from roughly 200,000, and the n [...]
Bridge Protocol LayerZero Passes 50M Cross-Chain Messages
The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps.
www.coindesk.com [...]
Tenet, LayerZero partner to drive cross-chain liquid staking adoption
Layer-1 blockchain Tenet is set to see its liquid staking derivatives platfrom plug into a cross-chain decentralized finance (DeFi) ecosystem through [...]
LayerZero partners with Immunefi to launch $15M bug bounty
Cross-chain messaging protocol LayerZero and security platform Immunefi have teamed up to launch a $15 million bug bounty program. The program offers [...]
Cross-Chain Bridge Stargate's Volume Soars as Airdrop Hunters Set Sights on LayerZero Token
Volume on the Stargate cross-chain bridge has surged by 30% in the past 24-hours as investors attempt to meet the criteria for a rumored LayerZero air [...]
LayerZero raises $120M to expand cross-chain messaging efforts
Cross-chain messaging protocol developer LayerZero Labs has raised another $120 million, according to an Apr. 4 announcement. The company plans to use [...]