Tag: LayerZero
Crypto Protocol LayerZero Raises $120M Series B at $3B Valuation
The cross-chain interoperability and messaging protocol last raised funds in March 2022 at a $1 billion valuation.
www.coindesk.com [...]
LayerZero bridging protocol denies accusation of ‘critical vulnerabilities’
Summa founder James Prestwich has accused the $382 million LayerZero bridging protocol of hosting a “critical vulnerability.” According to a Jan. 30 p [...]
Cross-Chain Bridge Wormhole Wins Vote Over LayerZero to be Uniswap’s Designated Blockchain Bridge to BNB Chain
The vote was technically a “signaling” proposal, meaning its passage does not automatically install Wormhole as Uniswap’s official BNB bridge. Instead [...]
Bridge Platform LayerZero Denies Allegations It Kept ‘Backdoor’ Secret
“A trusted-party vulnerability (also called a ’backdoor’) is an undisclosed capability of a trusted party, that can compromise the function of the sys [...]
LayerZero Labs bought back its stake from FTX Ventures and Alameda
Interoperability protocol LayerZero Labs announced on Nov.10 an agreement that bought out 100% of FTX Ventures and Alameda Research equity position, i [...]
FTX-Backed Crypto Unicorn LayerZero Bought Out Stake
LayerZero currently has about $107 million in direct cash balance and $27 million in on-chain funds primarily in stablecoins for a total of $134 milli [...]
Polkadot Parachain Moonbeam Integrates Cross-Chain Messaging Protocol LayerZero
Moonbeam, a layer 1 protocol with 9.6 million lifetime transactions according to Etherscan, already uses the Polkadot ecosystem’s internal messaging s [...]
DappRadar and LayerZero launch chain-agnostic staking token
DappRadar and omnichain interoperability protocol LayerZero have launched a new token to enable cross-chain staking across multiple blockchains and Et [...]
Omnichain developer LayerZero Labs raises $135M
On Wednesday, LayerZero Labs, a firm that develops protocol to enable omnichain decentralized applications, or dApps, to span multiple blockchains, an [...]
Omnichain developer LayerZero Labs raises $135M
On Wednesday, LayerZero Labs, a firm that develops protocol to enable omnichain decentralized applications, or dApps, to span multiple blockchains, an [...]
A16z, FTX and Sequoia Lead $155M Round for LayerZero at $1B Valuation
LayerZero, a startup addressing the problem of interoperability between blockchains, has raised $155 million at a $1 billion valuation in a round co-l [...]