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Blockchain messaging protocol LayerZero has secured the $110 million acquisition of cross-chain platform Stargate after a heated, last-minute bidding war. Summary LayerZero won Stargate’s $110M acquisition with 95% DAO approval. Stargate stakers to receive 50% of revenue; rest goes to ZRO buybacks. Community chose LayerZero over rival bids from Wormhole, Axelar, and Across. With one … Read more
LayerZero Foundation has put forward a proposal to acquire all circulating Stargate tokens for roughly $110 million in ZRO, aiming to consolidate control over one of the most-used cross-chain bridges in the market. Summary LayerZero proposes $110M acquisition of all Stargate tokens, offering $0.1675 per STG. Deal would dissolve Stargate DAO, integrate governance under LayerZero, … Read more
Mark Zuckerberg has spent 14 years gobbling up his leafy Palo Alto neighborhood, according to a New York Times report detailing how the Meta CEO has purchased 11 properties for over $110 million to create his own personal fiefdom in Crescent Park. The piecemeal compound features a main residence, guest homes, manicured gardens, and a … Read more
Cardano has surpassed 110 million total transactions, marking a significant milestone in the blockchain’s ongoing growth. As of press time, the network has recorded 110.09 million transactions, according to Cardanoscan data. This shows consistent adoption and usage throughout its ecosystem. Furthermore, nearly 22 billion Cardano (ADA) are currently staked in 2,992 active stake pools, indicating … Read more
World Liberty Financial, the cryptocurrency investment platform backed by U.S. President Donald Trump, has seen its portfolio drop by $110 million in unrealized losses. According to data from Arkham Intelligence, WLFI’s investment of $336 million across nine cryptocurrencies is now worth approximately $226 million. Of the portfolio’s losses, Ethereum (ETH) is responsible for 65%. Ethereum … Read more
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