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The LayerZero Foundation, which backs the cross-blockchain messaging protocol LayerZero, proposed acquiring the crypto protocol Stargate for $110 million, which has boosted the tokens tied to both projects.LayerZero laid out the plan in a post to Stargate’s forum on Sunday, pitching the offer as “de…
Bryan Pellegrino, co-founder and CEO of crosschain protocol LayerZero Labs, said the firm reached an agreement with FTX involving transactions in 2022 with Alameda Research’s venture capital arm, Alameda Ventures.In a Jan. 31 X post, Pellegrino said after “millions in legal fees” and two years in li…
AscendEX will list Stargate Finance (STG) on January 22nd.STG InfoStargate Finance is an omnichain liquidity transport protocol that aims to facilitate cross-chain transfers of native assets while allowing users and dApps to access unified liquidity pools.The functioning of the Stargate Finance prot…