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LayerZero Proposes $110M Deal to Absorb Stargate, Retire STG Token
The LayerZero Foundation has proposed a US$110 million acquisition of Stargate Bridge which would see the bridge’s STG token discontinued and its DAO dissolved entirely. If passed by a vote of STG token holders, the deal would see governance of Stargate Bridge moved into the hands of the LayerZero Foundation, away from the community-controlled DAO. […]
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From Bitcoin’s multi-billion-dollar creditor payout to fresh governance proposals and yield-generating launches, traders will have no shortage of developments to monitor. Bitcoin – $1.9B FTX Creditor Payout Looms Bitcoin’s price could face volatility as bankrupt exchange FTX begins distributing $1.9 billion in cash to creditors on August 15. Market watchers are debating whether the move […]
Does Bo Hines’ White House exit mean a major policy shift is incoming?
Bo Hines’ exit has sparked questions about Trump’s crypto agenda.
White House Crypto Council Director Bo Hines Resigns to Return to Private Sector
Bo Hines has resigned as the Executive Director of the White House Crypto Council to return to the private sector. During his tenure, he proposed a “budget-neutral” strategy to acquire Bitcoin for a national reserve by revaluing government gold holdings and selling a portion of them. Patrick Witt, who has a background in college football […]
Stablecoin searches hit new peak as GENIUS Act supercharges
The previous record was set in mid-2022 when Terra’s UST stablecoin depegged and caused a market collapse; Washington is the top city by search interest. The post Stablecoin searches hit new peak as GENIUS Act supercharges appeared first on CoinGeek.
XRP Poised for Massive Surge – Earn $5,000 a Day with Simple Cloud Mining
Following the latest XRP price action after the cryptocurrency native token to Ripple rallied over the prominent psychological limit of $3.00, its price forecasting model has become popular. Technical analysis proposes that this digital asset can jump more than 80% to hit up to reach $5.00 after 24 consecutive hours of volatility. It is a […]
ZRO soars 22% as LayerZero proposes to acquire Stargate Finance
Key takeaways LayerZero’s ZRO outperformed the market, adding over 20% to its value in 24 hours. The rally comes after LayerZero submitted a proposal to acquire Stargate Finance. ZRO rallies on Stargate acquisition proposal ZRO, the native coin of the LayerZero ecosystem, is one of the best performers in the market over the last 24 […]
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