The world of Web3 trading relies heavily on robust infrastructure. When core components receive significant enhancements, it signals positive progress for the entire ecosystem. Orderly Network, a permissionless liquidity layer designed to power Web3 trading, recently announced the successful completion of key system upgrades. This news, shared via their official X channel, highlights their commitment […]
In a move signaling strong conviction in blockchain interoperability, a16z Crypto has significantly increased its stake in LayerZero, a prominent omnichain interoperability protocol. The venture capital giant has just acquired a substantial $55 million worth of ZRO tokens, the native tokens of LayerZero. But there’s a catch – these tokens are locked for three years, […]
Get ready for a groundbreaking development in the crypto world! Wyoming, known for its progressive stance on digital assets, is taking a giant leap forward. The state has officially selected LayerZero to power the launch of WYST, the first-ever state-issued stablecoin in the United States. This isn’t just another stablecoin; it’s a signal of how […]
In a noteworthy on-chain movement, the LayerZero Foundation, a key player in the blockchain interoperability space, has transferred a substantial amount of CRO tokens to the leading cryptocurrency exchange, Coinbase. On-chain analyst @ai_9684xtpa flagged this significant crypto transfer on X, revealing that a multi-sig address associated with the LayerZero Foundation deposited 1 million CRO tokens […]
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