News with the tag "LayerZero"

In the fast-evolving world of decentralized finance (DeFi) and Web3 trading, infrastructure is king. Providing robust, permissionless liquidity is crucial for enabling seamless and efficient trading experiences. This is precisely the domain of Orderly Network, a leading liquidity layer designed to p...

In the fast-paced world of cryptocurrency, even seemingly small on-chain movements can send ripples through the market. Recently, eagle-eyed on-chain analysts spotted a significant transaction involving the LayerZero Foundation, a prominent player in the blockchain interoperability space. The founda...

LayerZero, the bridging protocol that allows different crypto networks to communicate with each other, plans to connect to Bitcoin sidechain Rootstock in what would be its first integration with the world's original blockchain. Rootstock aims to end Bitcoin's "isolation" from other blockchains due t...

Blockchain developers using the TON stack can now deploy tokens from over 100 networks through LayerZero’s infrastructure. Cross-change bridge protocol LayerZero has joined forces with The Open Network ( TON ) — also known as just TON — in a bid to advance blockchain interoperability, TON Foundation...

Layer-1 blockchain TON said it is linking up with interoperability protocol LayerZero to allow users to move funds between multiple ecosystems in a relationship that will generate increased usage and fees for both parties. TON will initially be connected to 12 blockchains including Ethereum, Tron an...

Cross-chain protocol LayerZero has reached a settlement agreement with the bankrupt FTX estate. LayerZero Labs CEO Bryan Pellegrino confirmed the settlement on X, noting that the agreement cost millions in legal fees. Although the full details of the settlement are not yet public, it ends the more t...

LayerZero Labs, a blockchain technology company, has officially settled its legal dispute with the FTX bankruptcy estate. This development ends a two-year battle over financial transactions made before FTX’s collapse. Both parties have resolved their claims over the disputed funds with the settlemen...

January 31, 2025 — LayerZero CEO Bryan Pellegrino took to X on Friday to confirm the settlement agreement with FTX estate. He added that the firm has returned the original repurchase amount to the bankruptcy estate after a two-year legal battle and legal fees worth millions. LayerZero Reaches Settle...

Analysts have observed a crucial trend in crypto whale behavior. MakerDAO DAI on BNB recorded an over 800% increase in whale transactions. Traders use whale transaction data to predict short-term crypto market trends. Analysts have identified a significant trend in whale behavior that could indicate...

The crypto ecosystem is on the cusp of yet another significant week, ushered in by several major developments taking place across different networks. This week’s spotlight falls on Bitcoin, Fantom, Avalanche, Stacks, and LayerZero, each of which is facing a pivotal milestone. The broader macro backd...