Cross-chain protocol LayerZero has completed its acquisition of the multichain bridge Stargate Finance for a substantial $120 million in ZRO tokens, with 94% of the Stargate DAO voting […]
LayerZero Acquires Stargate: DAO Approval Fuels Acquisition
LayerZero’s acquisition of the Stargate decentralized exchange (DEX) has received approval from its community, with 95% support according to a recent DAO vote. The $110 million deal involves […]
LayerZero Acquires Stargate: DAO Unanimously Approves Deal
The Stargate DeFi project has received unanimous approval for a merger with LayerZero following a vote by the community-owned Stargate DAO, as announced by the company. This decision […]
Wormhole Challenges LayerZero’s Stargate Acquisition Bid
The Wormhole Foundation has voiced concerns about the proposed acquisition of Stargate (STG) by LayerZero, which aims to purchase the project for approximately $110 million in ZRO tokens. […]
Stargate’s Future: Wormhole Offers Competitor Bid Amidst LayerZero Acquisition Proposal
A potential bidding war is brewing in the DeFi space as Wormhole proposes a competing acquisition offer for Stargate, a protocol known for its robust cross-chain activity. This […]
Sharplink Gaming’s $323 Million in Unrealised Gains from $LSETH: A Sign of Institutional Confidence in LayerZero
Gaming company Sharplink Gaming has amassed a staggering unrealized profit of $323 million from its holdings of the $LSETH token. This significant gain, signifying strong confidence in the […]
LayerZero to Acquire Stargate Protocol in $110 Million Deal
LayerZero Foundation is planning a massive acquisition of Stargate, a popular crypto protocol launched in 2022. The proposal, shared on Stargate’s governance forum Sunday, would see LayerZero purchase […]
LayerZero Breaks Resistance, Targeting $3.20 on Bullish Momentum
LayerZero has decisively broken through resistance near $2.25 following a W-reversal pattern, sparking bullish momentum toward a potential target of $3.20. The token’s price surged to $2.49, marking […]
LayerZero Announces $110M Buyback Plan for Stargate, Impacting Prices
LayerZero Foundation has proposed a massive $110 million buyback of Stargate tokens to benefit the LayerZero ecosystem. This initiative directly impacts STG and ZRO token prices, creating immediate […]
LayerZero Acquires Stargate for $110 Million, Retiring STG Token
LayerZero has proposed acquiring the Stargate bridge for $110 million, marking a significant move that includes retiring its STG token and integrating governance into its own ecosystem. This […]
Stargate DAO Stands Firm Against $138 Million LayerZero Acquisition
In a stunning demonstration of decentralized power, the Stargate community has decisively rejected a substantial buyout offer from the LayerZero Foundation. The proposal to integrate Stargate into its […]
LayerZero to Acquire Stargate: $110 Million Deal Raises Questions About Tokenization & Ownership
The LayerZero Foundation is aiming to acquire the cross-chain liquidity protocol Stargate for a cool $110 million, with their native token (ZRO) swapping for Stargate’s (STG). This proposal […]
Layer Zero Buys Back $110 Million in Tokens: Stargate Prices Surge
Layer Zero’s foundation has proposed a buyback program for its native token, STG, sparking a surge in the price of both STG and ZRO. The offer aims to […]
LayerZero Soars: Is This 23% Surge Sustainable?
LayerZero (ZRO) is experiencing a powerful upward surge, soaring 23% in the past 24 hours and reaching a high of $2.57. This impressive move comes amid a broader […]
LayerZero Acquires Stargate: A Major Shift in Ecosystem Integration
LayerZero announced a significant acquisition of $110 million to acquire Stargate Bridge, marking a major turning point in the blockchain ecosystem. The deal will result in the dissolution […]