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LayerZero Settles with FTX Estate Regarding Alameda Agreement
In the evolving landscape of cryptocurrency and blockchain-related financial services, 2023 witnessed substantial legal developments, particularly concerning FTX, one of the sector’s high-profile exchanges. The FTX estate initiated legal proceedings against LayerZero, seeking to reclaim equity stakes initially held by Alameda Research—an influential trading firm in the crypto space—in a notable transaction that involved the…
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LayerZero introduces its native token and pledges $3 million towards the community distribution pool.
The blockchain interoperability project, LayerZero, has just made an exciting announcement on December 7th. The project has revealed its plans to launch a native cryptocurrency in the near future. LayerZero Labs, the team behind this initiative, took to Twitter/X to share this news with their followers and the crypto community. The tweet read, “LayerZero has…
