Wormhole will compete with a $110 million bid from LayerZero to acquire Stargate, claiming it will put forward “a meaningfully higher bid” for the cross-blockchain transfer protocol.

Wormhole Foundation challenges LayerZero’s $110M Stargate bid, requesting five-day pause to submit higher offer.

The plan would see all STG tokens converted into ZRO at a fixed rate, effectively retiring STG as a standalone governance and ...

Wyoming launched its long-promised stablecoin, designed to offer instant transactions and reduced fees for consumers and ...

Wormhole has jumped into the bidding plans for bridging service Stargate, promising a bid above LayerZero’s initial $110 ...

LayerZero proposes acquiring Stargate for $110M in tokens, merging economies while eliminating STG staking rewards, sparking ...

Wormhole, one of the most prominent interoperability protocols in the decentralized finance (DeFi) ecosystem, has declared its intent to purchase Stargate ...

Digital currencies saw relief rallies over the past 24 hours, with the global crypto market cap up 1.20% in the past day to ...

As the cryptocurrency landscape evolves, significant developments often occur behind the scenes, influencing the broader ...

Wormhole Foundation will submit a competing bid for the Stargate acquisition, challenging LayerZero's $110M offer.

LayerZero and KAITO lead a massive $411 million token unlock wave scheduled for the coming week. ZRO unlocks 25.71 million ...

LayerZero Labs today announced that it raised $135 million in a round co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz and with participation from Coinbase Ventures, PayPal Ventures ...