Tag: LayerZero

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Cross-Chain Bridge Wormhole Wins Vote Over LayerZero to be Uniswap’s Designated Blockchain Bridge to BNB Chain

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

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

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

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

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 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

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

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

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 [...]
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