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news-imageJanuary 31, 2025

LayerZero resolves legal battle with FTX's bankruptcy estate

LayerZero Labs, an innovative player in the omnichain interoperability space, has reached an agreement with the bankruptcy estate of the now-defunct crypto exchange FTX. This resolution marks the end of a two-year legal battle that had been both costly and attention-diverting.
Publisher: Invezz
Sentiment: Positive
ZRO

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Neutral
cover-imageTokenpost
February 1, 2025

LayerZero Settles Legal Dispute with FTX Bankruptcy Estate

LayerZero Labs has reached a settlement with the FTX bankruptcy estate, ending a two-year legal battle over transactions involving Alameda Research. The dispute stemmed from a deal where Alameda, under former CEO Caroline Ellison, agreed to sell a 5% equity stake in LayerZero back to the company.

Positive
cover-imageCrypto news
November 26, 2024

Ondo integrates LayerZero for multi-chain USDY support

Ondo Finance, a tokenized real-world asset platform, has integrated LayerZero's interoperability protocol for multi-chain transfers of its tokenized assets. According to an announcement, Ondo (ONDO) will tap into LayerZero (ZRO)'s technology to expand the reach of its U.S.

Positive
cover-imageCrypto Economy
November 13, 2024

PayPal's PYUSD Enables Cross-Chain Transfers Between Ethereum and Solana with LayerZero Integration

TL;DR PayPal has integrated its stablecoin, PayPal USD (PYUSD), with the cross-blockchain bridging protocol LayerZero, enabling seamless transfers between Ethereum and Solana. This integration aims to enhance transaction efficiency, reduce liquidity fragmentation, and provide users with faster, more secure, and cost-effective options.

Positive
cover-imageBitcoin
October 27, 2024

What is Layerzero? A Beginner's Guide

Learn about Layerzero, a genuine solution for blockchain interoperability, promising to tackle key issues of security and liquidity fragmentation. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space.

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