Gate News: Latest Crypto News and Cryptocurrency Prices

Search results for "ZRO"

Friday

2025/06/20

LayerZero has launched a second referendum on whether to enable the "fee switch".

Odaily News LayerZero has launched the second referendum on whether to activate the "fee switch". The vote will determine whether to activate the LayerZero protocol fees, which will be used to buy back ZRO and burn it. Voting will end on June 27.

03:43 DailyNews

Enso joins forces with StarGate.io and LayerZero to drive the migration of $3.5 billion in Liquidity to Unichain.

Odaily News Enso announced a partnership with StarGate.io and LayerZero to launch a one-click liquidity migration solution, expected to facilitate the migration of up to $3.5 billion in assets from Ethereum and other EVM chains to Uniswap v4 on Unichain. This solution simplifies the migration process from as many as nine steps to a one-click operation, with Enso responsible for DeFi execution, StarGate.io providing the bridge functionality, and LayerZero completing cross-chain messaging. Enso is a platform that provides developers with quick execution on the blockchain, modularizing on-chain interaction through a unified execution layer, eliminating the tedious process of manually integrating smart contracts, and accelerating product launch and deployment.

06:59 BlockBeatNews

LayerZero CEO: has reached a settlement with FTX estate protocol, and the original repurchase funds have been returned to FTX estate

Cross-Chain Interaction protocol LayerZero and Cryptocurrency exchange FTX Estate have reached a settlement protocol due to debt issues. After more than two years and millions of dollars in legal fees, the protocol finally resolved the dispute with the creditors. The original repurchase funds have been returned to FTX Estate.

06:00 DailyNews

LayerZero: The vote on 'Enabling protocol fee switch' did not pass due to failure to reach the required number of votes.

Odaily Star Daily News: The voting for the LayerZero proposal to 'turn on the fee switch' has ended. Due to the lack of the required number of voters, LayerZero

02:00 DailyNews

LayerZero is launched on Swellchain

According to Jinse Finance, Cross-Chain Interaction Protocol Layer Zero has announced on Twitter that it has been launched on the re-staking chain Swellchain. In addition, users can now use Superbridge or Stargate to cross-chain interact with assets such as weETH, USDe, rsETH, SWELL, swBTC, rswETH or swETH.

06:21 DailyNews

LayerZero has expanded to World Chain Mainnet

Odaily Star Planet Daily News LayerZero officially announced that it has been deployed to the World Chain

02:31 DailyNews

Movement chose LayerZero as its interoperability provider

Odaily Planet Daily News LayerZero announced in a post on X that Movement has chosen LayerZero as its interoperability provider. According to the introduction, Movement Network is a high-performance Ethereum L2, designed to achieve scalable applications by leveraging MoveVM. With LayerZero, Move developers can cross other Virtual Machines (such as EVM and

Sunday

2025/06/15

05:51 DailyNews

The encryption startup TrueNorth raised $1 million in an Angel Round financing.

The AI-driven encryption startup TrueNorth raised $1 million in a strategic Angel Round funding, dedicated to building a personalized digital asset discovery platform, currently in a closed testing phase, utilizing autonomous agents to generate investment tips.

09:58 GateNewsBot

Tether and LayerZero launch the all-chain stablecoin USDT0, now log in to the Hyperliquid platform.

According to a message from the Gate.io News bot, Tether has officially launched the full-chain stablecoin USDT0 on the Hyperliquid platform in collaboration with the LayerZero team. USDT0 has multi-source chain native minting capabilities, allowing users to operate without the need for a transfer chain bridge, with asset security guaranteed by the LayerZero protocol. The stablecoin has been directly deployed on HyperEVM and seamlessly integrated with HyperCore. In addition, USDT0 plans to expand to more DeFi application scenarios in the future, to be used as collateral assets.

01:36 GateNewsBot

LayerZero CEO reveals that the new round of Token distribution mechanism will focus on real users.

Gate.io News bot message, LayerZero's CEO Bryan Pellegrino responded on the X platform to community discussions about Airdrop. Addressing users' concerns about not wanting to spend another month identifying Sybil Attack, Pellegrino made it clear that the new distribution mechanism is completely different from the first round, and plans to be based on RFP (Request for Proposal) or other methods, focusing on genuine usage behavior. Source: Wu Says

Monday

2025/06/09

05:16 GateNewsBot

AI encryption platform TrueNorth raised $1 million, with founders from LayerZero, Virtuals, and others participating in the investment.

Gate News bot reported that TrueNorth, a crypto platform using artificial intelligence technology, closed a $1 million angel round of funding, with participation from the founders of LayerZero, SEI, Selini Capital, Virtuals, Plume and Presto Labs. According to reports, the platform uses autonomous agents and real-time data to explore opportunities in the cryptocurrency space, and the new funds will be used to develop a cryptocurrency artificial intelligence engine, focusing on users' actions from intent to outcome.

06:36 DailyNews

Data: Over $2.7 billion worth of Tokens will be unlocked in June.

According to Jinse Finance, as reported by Cointelegraph, over $2.7 billion worth of tokens will be unlocked in June, mainly consisting of SUI ($206.33 million), ZRO ($64.29 million), and APT ($58.52 million).

04:16 DailyNews

LayerZero co-founder: There is currently no Season 2 Airdrop plan, and users are advised not to wash trading.

According to a report by Jinse Finance, Bryan Pellegrino, co-founder and CEO of LayerZero, stated on the X platform that a clearer explanation may be needed, as there is currently no Season 2 Airdrop plan, and it seems to be something entirely different. Therefore, users are advised not to engage in wash trading. LayerZero itself has a lot of work to do, but will not focus on any form of meaningless volume.

00:11 DailyNews

LayerZero Labs CTO's X account was briefly hacked and phishing links were posted, the related posts have been deleted

Odaily Planet Daily News Yesterday, the X account of Ryan Zarick, co-founder and CTO of LayerZero Labs, was briefly invaded and false Airdrop messages and Phishing links were posted. Upon checking, the relevant fraudulent posts have been deleted. (The

16:38 BlockBeatNews

LayerZero CEO disclosed the vulnerability in the AcrossToken contract and provided a solution

LayerZero CEO pointed out on social media that there are critical issues with the Across Protocol Token contract, which mistakenly exposes a functionality that should have been an internal private function, allowing the contract owner to withdraw Tokens from any wallet and arbitrarily zero out the account balance. Additionally, both the Across Protocol and UMA Protocol contracts have the ability to mint an unlimited number of Tokens. The solution is to transfer the contract ownership to a new Smart Contract to prevent excessive issuance and ensure that the new contract does not include the functionality to transfer ownership. The new contract must be immutable.

06:59 DailyNews

LayerZero recently has a daily message count of 36,000, which is still about 95% lower than last year's peak.

Odaily Planet Daily News LayerZero Labs CEO Bryan Pellegrino posted on X that LayerZero has recently been processing 36,000 messages (message) stably every day, which is equivalent to handling about 1,500 transactions per hour (25 transactions per minute, approximately 1 transaction every 2 seconds). It is worth noting that the current LayerZero daily news volume is still lower than the peak of last year (766,000 messages/day) by about

Thursday

2025/06/05

23:35 GateNewsBot

Hyperlane volume data is questioned by LayerZero co-founder for possible wash trading.

According to Wu Shu, LayerZero co-founder Bryan Pellegrino has questioned the transaction volume data of the cross-chain communication protocol Hyperlane. Bryan Pellegrino pointed out that there are specific addresses that make $24,000 round-trip transactions every 30 seconds, creating fake transaction volumes. Hyperlane responded that the relevant trading activities come from users pursuing HYPER rewards and are unrelated to the protocol party. Bryan Pellegrino further pointed out that there is an unfair phenomenon in the distribution of Hyperlane token rewards. It is worth noting that LayerZero implemented large-scale anti-witch measures during its previous token airdrop.

23:01 DailyNews

a16z buys an additional $55 million in LayerZero tokens, ZRO, with a 3-year lock-up period

Ali Yahya, general partner of a16z, said that a16z has invested an additional $55 million in the LayerZero token ZRO with a 3-year lock-up period. a16z has previously invested in LayerZero, including an initial investment in March 2022 and LayerZero in April 2023

17:29 GateNewsBot

Ali Yahya, Partner of a16z, has invested an additional $55 million in the LayerZero token

Gate.io News bot, according to Wu Shu, a16z general partner Ali Yahya made an additional investment of $55 million in the LayerZero (ZRO) token and set a 3-year lock-up period. Previously, a16z has participated as the lead investor in LayerZero's financing from Series A1 in 2022 to Series B in 2023.

17:12 ChainCatcher

a16z has invested another $55 million in LayerZero with a 3-year lock-up period

a16z has made an additional $55 million investment in the LayerZero token ZRO, with a 3-year lock-up period, and the current ZRO is quoted at $2.5, up 5.7%, with an FDV of $2.5 billion. In April 2023, a16z led a $120 million funding round for LayerZero, valuing it at $3 billion.

01:44 ChainCatcher

TON Mainnet has launched Stargate, users can perform Cross-Chain Interaction to TON from the Stargate frontend

ChainCatcher news, Cross-Chain InteractionLiquidityprotocol Stargate tweeted that TON Mainnet has been launched on Stargate, allowing users to interact cross-chain from Stargate frontend to TON. Yesterday, LayerZero has been deployed to TON.

00:06 DailyNews

LayerZero has been launched on Lisk

Golden Finance reported that LayerZero has now been launched on Lisk, which is the L2 in the Superchain ecosystem, providing low-cost transactions and EVM compatibility. With LayerZero, developers can extend their applications from over 90 chains to Lisk.

16:17 DailyNews

LayerZero announces launch on Hedera

Odaily Planet Daily News Multiple Chain Interoperable protocol LayerZero announced on X platform that it has been launched on Hedera. Hedera Token Service (HTS) is supported on Hedera.

06:50 GNews

$ZRO price increased by 13.43%, and the second round airdrop boosted cross-chain activities by 433%. gate News: $ZRO rose by 13.43% in the past 24 hours, driven mainly by the platform's cross-chain messaging activity. After announcing the second Airdrop event, LayerZero saw a significant increase in cross-chain messages, with daily messages rising from 18,400 to 98,000, a 433% increase. Previously, LayerZero's cross-chain activity had been lackluster, but the launch of the second Airdrop significantly sparked user participation, especially as the Airdrop targeted only continuously active users. This effectively increased the protocol's interaction volume and boosted market attention to LayerZero. gate data shows that $ZRO has surged by 13.43% in the past 24 hours, with the current price at $4.75, total market capitalization of $527.12M, and 24-hour volume of $17.52M.

05:09 DailyNews

ZRO breaks through $4.85, with a 24-hour increase of 13.7%.

Golden Finance reported that the market shows ZRO breaking through $4.85, now priced at $4.83, with a 24-hour increase of 13.7%. The market shows a significant Fluctuation, please manage the risk.

02:19 DailyNews

Ethena disclosed the cooperation process with Symbiotic, or hinted that the latter's Mainnet will go live in November.

The DVN slashing framework developed in collaboration with Ethena, Symbiotic, and LayerZero is planned to be completed in November and will be promoted together with Symbiotic Mainnet. Ethena will be one of the first projects to be launched on the Mainnet and will release the framework as a public product. Symbiotic was originally planned to launch Mainnet in September, but there is currently no relevant movement.

17:23 BlockBeatNews

Mantle ecosystem leading Meme Token project Puff has been launched on the ETH mainnet.

BlockBeats news, on September 13th, Mantle ecosystem leading Meme Token project Puff announced that it has upgraded to LayerZero's OFT (Omnichain Fungible

Wednesday

2025/05/28

02:44 GateNewsBot

Hyperdrive has launched, and LayerZero has become its interoperability provider.

Gate News bot message, LayerZero announced on social media that Hyperdrive is now live. LayerZero has become its official interoperability provider, supporting the latest stablecoin market on Hyperliquid.

00:04 DailyNews

PayPal Stablecoin PYUSD starts using LayerZero to enable transfers between Ethereum and Solana

PayPal's US dollar stablecoin PYUSD is now using LayerZero to simplify transfers between ETH and Solana, ensuring fast, secure, and cost-effective transactions for users and businesses. The Market Cap of PYUSD on ETH is approximately $350 million, while the supply on Solana has plummeted to $186 million.

00:00 BlockBeatNews

Stable CoinprotocolUsual has reached a cooperation with LayerZero, and the protocol will enter the Layer 2 network

BlockBeats news, on October 2, according to official sources, Stable Coinprotocol Usual has reached a cooperation with LayerZero, leveraging LayerZero's Cross-Chain Interaction interoperability, Usual protocol will introduce Layer 2 network, and achieve faster transactions, lower fees, and seamless Cross-Chain Interaction functionality. In addition, Usual indicates that it is also following CeFi

13:07 DailyNews

Blockchain project Initia completes $14 million A-round financing with a valuation of $350 million.

Initia has completed Series A financing with a funding amount of $14 million and a valuation of $350 million, led by Theory Ventures. Initia is developing a Layer 1 blockchain and a platform for 'Interweaving Optimistic Aggregation'. Its testnet has completed 125 million transactions, and the Mainnet and Token are expected to go live in the next two months.

02:02 DailyNews

The LayerZero Foundation launches the lzCatalyst program, connecting developers and venture capital firms.

The LayerZero Foundation has launched the lzCatalyst program, aiming to connect top developers with the best venture capital institutions in the encryption industry. Institutions can invest up to 300 million US dollars, and the program provides developers with abundant funds and resources, with investment decisions being kept independent.

01:41 DailyNews

LayerZero has partnered with a16z to launch the lzCatalyst program, aiming to provide up to 300 million US dollars in investment to full-chain Dapps.

The LayerZero Foundation announced the launch of the lzCatalyst program, which will collaborate with 10 companies including a16z Crypto and PayPal Ventures to provide a total investment of up to 300 million US dollars for the newly built next-generation blockchain applications.

Saturday

2025/05/10

06:19 DailyNews

LayerZero co-founder: The new product name conflicts with Hyperliquid and will be renamed.

Golden Finance reported that LayerZero co-founder Bryan Pellegrino posted on X platform stating that the name of the new product released today conflicts with Hyperliquid, and they have just received notification to come up with a new name for replacement, which is expected to be done in a few days. It is understood that LayerZero previously launched Hyperbridge, allowing users to transfer assets from on-chain to Hyperliquid, currently covering USDT0, USDe, PLUME, COOK, USR, and RLP.

05:53 BlockBeatNews

Ondo expands its USD Treasury Token USDY to the Solana network.

According to BlockBeats news on May 3rd, Ondo has launched a bridge solution in collaboration with LayerZero to extend its USDY token, backed by US Treasury bonds, to the Solana network.

01:10 DailyNews

LayerZero: The ZRO airdrop claim period has ended, and unclaimed tokens will be redistributed.

LayerZero announces the end of the ZRO claim period. Unclaimed Tokens will be redistributed, and wallets without transactions after TGE will no longer receive Tokens. Eligible wallets will receive their original share plus additional Tokens proportionally. Tokens not claimed within the next 30 days will be transferred to the LayerZero Foundation.

Tuesday

2025/04/29

06:51 ChainCatcher

Orderly Network has completed its upgrade, adding features such as the display of the maximum open contract limit.

ChainCatcher News, Orderly Network, the liquidity layer of full-chain derivatives, tweeted that it has completed the upgrade. Added the maximum open interest limit display, support for LayerZero v2, and optimized strategy vault. All systems are now back online.

15:59 BlockBeatNews

GMX has officially selected LayerZero as its messaging partner for multichain expansion.

BlockBeats news, on April 15, GMX officially selected LayerZero as its messaging partner for multi-chain expansion through a majority vote of 75.54%. This integration will bring the following advantages to GMX: • Ability to scale to over 125 Blockchains; • All contracts and security are fully controlled by GMX; • Fast, zero slippage asset transfers; • Utilizing battle-tested infrastructure trusted by billions of dollars in assets and hundreds of applications.

22:18 DailyNews

LayerZero: Introducing High-Performance Verifiable Database Quick Merkle Database

Odaily Planet Daily News LayerZero announced on the X platform that it has launched a high-performance verifiable database Quick Merkle Database optimized for Block chain. The database is developed by LayerZero Labs, licensed under MIT and apache-2, and completely Open Source, supporting 2.28 million state updates per second and 1 million

06:36 DailyNews

LayerZero integrates with the Sony L2 network Soneium

Odaily Planet Daily News According to official sources, LayerZero has announced its integration with Sony's L2 network Soneium. With LayerZero, developers of over 100 chains can now extend their applications to Soneium, and Soneium applications can leverage LayerZero.

06:36 BlockBeatNews

Derive announced that Aerodrome will provide Liquidity for the DRV chain on-chain Options protocol.

BlockBeats News, on January 14th, on-chain Options protocol Derive announced that Aerodrome will become the DRV on-chain Liquidity source, and DRV Token will adopt LayerZero's OFT standard, enabling Cross-Chain Interaction between Derive Chain, Base, and more than 100 chains from day one. Earlier news, Derive will launch DRV Token in January, with 5% of the supply allocated to sENA.

01:23 DailyNews

LayerZero announced integration with Vana

Odaily Planet Daily News LayerZero announced the launch of Vana. With LayerZero, Vana can connect to over 90 chains, achieving seamless interoperability for Token transfers, application deployment, and data queries. In addition, the native gas Token VANA of the chain has been integrated with LayerZero's OFT standard. VANA holders can now trade on 8 on Stargate.

04:43 DailyNews

LayerZero will support applications and Token extensions to Sonic on more than 90 chains

Golden Finance reported that LayerZero announced a partnership with Sonic, and applications and tokens connected to LayerZero's 90+ chains can be extended to Sonic, for Sonic

00:21 DailyNews

LayerZero: Ignition (FBTC) is building the entire chain

Golden Finance reported that LayerZero announced on social media that Ignition (FBTC) is building a full chain, FBTC is a full chain BTC asset, and it achieves interoperability using LayerZero. With the OFT standard, FBTC can be natively extended to LayerZero.

00:13 DailyNews

Interoperability of the entire BTC asset FBTC using LayerZero

Odaily Planet Daily News LayerZero announced that the full-chain BTC asset FBTC now uses LayerZero to achieve interoperability. With the OFT standard, FBTC can be natively extended to any chain supported by LayerZero. In July, Ignition launched a full-chain BTC asset pegged to BTC 1:1.

00:43 DailyNews

MantleLiquidity re-stake Token cmETH integrates LayerZero OFT standard

Odaily Planet Daily News: LayerZero announced in a post on X that cmETH has now integrated LayerZero's OFT standard and can be seamlessly moved between chains. cmETH is developed by Mantle.

11:05 BlockBeatNews

The proposed ACXToken has a permanent supply cap of 1 billion in response to the founder of LayerZero's doubts.

Co-founder Hart Lambur of Across Protocol proposed to permanently set a 10 billion supply cap for the ACX Token and relinquish all ownership control of the Token by setting it to the 0x0 Address, in order to prevent any minting or burning operations on the Token supply. The proposal has received wide support from the community and is undergoing a temperature check vote, with a support rate as high as 99.5%. Earlier, the CEO of LayerZero pointed out that the ACX Token contract had some issues, including exposing the ability to burn tokens and unlimited minting capabilities.

03:24 DailyNews

Across initiated a proposal to permanently fix the total supply of ACX at 1 billion coins.

Co-founder Hart Lambur proposed to fix the total supply of ACXToken at 1 billion, and obtained community approval. This is to prevent unauthorized Tokenmint affecting the ACX ERC20Token contract, and to maintain the spirit of Decentralization and transparency. This change does not require any modification to the ACX contract, only the abandonment of Across Governance ownership of the ACXToken contract, to prevent any party from changing the Token supply through minting or burning in the future.

02:56 DailyNews

Trust Security: LayerZero has vulnerabilities similar to Across Protocol

There may be vulnerabilities in the LayerZero team's protocol contract, allowing the contract owner to withdraw tokens or deplete the StarGate pool. Security company Trust Security and LayerZero's CEO have both warned of this vulnerability, with the former requesting a bounty of over $400 million and the latter offering 10% of the risk capital as a reward.

11:18 DailyNews

Dogwifcoin has expanded from Solana to TRONTRON

Odaily Planet Daily News SunPump announced that meme coin Dogwifcoin has successfully achieved the first Cross-Chain Interaction transfer of native assets from Solana to TRON TRON network through LayerZero's OFT technology, and deployed it with Ambient support. This breakthrough marks a new stage for the meme ecosystem of the TRON TRON network and paves the way for future Solana assets to TRON TRON.