Omnichain Versions of USDT and XAUT Launched on Solana
Omnichain versions of the stablecoin USDT and tokenized gold XAUT from Tether are available on Solana. The integration is implemented through Legacy Mesh based on LayerZero.LayerZero is a protocol for cross-chain communication.
Omnichain Versions of USDT and XAUT Launched on Solana
Omnichain versions of the stablecoin USDT and tokenized gold XAUT from Tether are available on Solana. The integration is implemented through Legacy Mesh based on LayerZero.
TON Integrates with LayerZero for Cross-Chain Transactions
The Open Network platform, known as TON, has integrated with the interoperability protocol LayerZero to enable cross-chain transactions between Ethereum, Tron, Solana, and potentially 100 other blockchains in the future, as reported by The Block.
Tether launches cross-chain stablecoin USDT0 on Kraken’s Ink L2
Launched by Kraken, the Ink network is the first Ethereum layer-2 to deploy the cross-chain stablecoin USDT0, the exchange said in its blog. Ink is built on Optimism’s technology and is compatible with all networks on the OP Stack. Kraken’s rivals have launched their own OP-based DeFi layer-2s, including Coinbase’s Base and Unichain from Uniswap. […]
Arbitrum’s Revenue Surges 16,680% Following LayerZero’s ZRO Launch
The launch of the ZRO token by the omnichain protocol LayerZero on June 20 triggered a surge in fees within the Arbitrum L2 network, propelling the blockchain’s daily revenue to a record $3.43 million. Data: Dune. Revenue exceeded the previous day’s figure by 16,680%. On June 20, the average network fee in Arbitrum spiked to […]
LayerZero Foundation Introduces Token Claim Fee via Proof-of-Donation
The omnichain protocol LayerZero is asking users claiming the ZRO airdrop to pay for token claims through a Proof-of-Donation mechanism. Today LayerZero is introducing a new claiming mechanism called Proof-of-Donation, which will result in ~$18.5 million donated to @ProtocolGuild, a collective funding mechanism for Ethereum developers. Protocol Guild and Ethereum’s core developers have been fundamental […]
Major Exchanges Prepare for LayerZero’s ZRO Listing
The LayerZero Foundation will distribute a total of 85 million ZRO tokens from the LayerZero omnichain project starting at 14:00 (Kyiv/Moscow). On June 19, co-founder and CEO Bryan Pellegrino announced that 1.28 million wallets are eligible for the airdrop. Over 6 million unique addresses have interacted with the protocol. In the final model, early transactions […]
LayerZero Initiates ZRO Token Airdrop
The LayerZero Foundation has launched a webpage to verify addresses eligible for the distribution of ZRO tokens from the LayerZero omnichain protocol. Live. Thank you all for the patience today ❤️ https://t.co/EPYC5OaT3r — Bryan Pellegrino (臭企鹅) (@PrimordialAA) June 19, 2024 The token claim will open on June 20. LayerZero Labs co-founder and CEO Bryan Pellegrino […]
LayerZero Labs Halts Public Hunt for Sybil Attackers
LayerZero Labs CEO Bryan Pellegrino announced a temporary halt on accepting reports of Sybil addresses for participation in the LayerZero protocol airdrop for “a day or two” due to an influx of messages. Bounty process will re-open in the next day or two. A lot of this can be countered by moving to a better […]
100,000 LayerZero Airdrop Participants Admit to ‘Multi-Accounting’
Co-founder and CEO of LayerZero Labs, Bryan Pellegrino, revealed that approximately 100,000 ‘Sybil’ addresses have self-reported as part of the company’s announced initiative. Up to 100,000 self reported Sybil addresses — Bryan Pellegrino (臭企鹅) (@PrimordialAA) May 13, 2024 In December 2023, the developer of the omnichain protocol LayerZero announced an airdrop of its native token, […]
LayerZero Excludes Team Members and ‘Sybil’ Accounts from Airdrop
LayerZero Labs co-founder Bryan Pellegrino confirmed that project employees will not receive the upcoming ZRO token distribution. Will announce something publicly about this, every LayerZero labs employee is 100% restricted from claiming and has no eligibility — it will be a fireable offense and has been announced internally for some time and has always been […]
Kyle Davies Sought LayerZero’s Treasury Before 3AC’s Collapse
Kyle Davies, co-founder of Three Arrows Capital (3AC), attempted to persuade the omnichain protocol LayerZero to hand over the project’s entire treasury just days before the hedge fund’s collapse. Earlier, Davies stated on the Unchained podcast that he does not regret losing billions of dollars of investors’ money and plans to avoid imprisonment by any […]
Delegate and LayerZero Launch Cross-Chain Name Identification Service
The teams behind the Ethereum infrastructure project Delegate and the interoperability platform LayerZero have unveiled an inter-network naming protocol called Clusters. Clusters is a multiwallet protocol. All your addresses under one name. EVM, Solana, even Bitcoin. The creation flow will autopopulate any wallets you’ve delegated to. Get an optional headstart by filling in linked addresses […]We use cookies to improve the quality of our service.
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