Blockchain messaging platform LayerZero has acquired crypto protocol Stargate for $110 million after a heated bidding battle. Following an amendment to the original proposal, which was met with […]
Stargate Community Chooses LayerZero for $110 Million Acquisition
The Stargate community has unanimously approved LayerZero’s $110 million acquisition bid, signifying a major shift in the cross-chain platform’s structure. Despite competition from rivals like Wormhole and Axelar, […]
LayerZero Acquires Stargate in Bidding War, Bringing Protocol Back Under its Control
Blockchain messaging protocol LayerZero has secured the acquisition of crypto protocol Stargate after a competitive four-way bidding war. The victory came following community voting with a significant majority […]
Stargate LayerZero Acquisition Approved: $138 Million Deal Reshapes Interoperability
The cryptocurrency world buzzes with excitement as the Stargate LayerZero acquisition has been officially approved, marking a pivotal moment for omnichain bridging. This landmark deal, worth $138 million, […]
LayerZero Acquires Stargate Finance: $120M Deal Reshaped by DAO Approval
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 […]
Wormhole Challenges LayerZero’s Stargate Bid: A Bidding War for Cross-Chain Dominance?
The cross-chain messaging landscape is heating up as the Wormhole Foundation has challenged LayerZero’s bid to acquire Stargate. This challenge brings a potential bidding war, with both companies […]
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 […]
Stargate Price Soars as Wormhole Submits Acquisition Bid
The price of Stargate (STG) surged by over 10% after the Wormhole Foundation announced its intention to acquire the cross-chain protocol. This comes amidst LayerZero’s $110 million bid […]
High Bidder Emerges in Stargate Acquisition – Wormhole Makes Surprise Play
The Wormhole (W) Foundation has announced it will submit a considerably higher bid than LayerZero’s $110 million ZRO offer to acquire Stargate (STG), citing the token’s undervaluation. To […]
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 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 […]