LayerZero

Exclusive: Google Cloud joined more than 65 other operators in the group as the restaking protocol eyes a mainnet deployment for node operators in the first half of 2024

LayerZero’s omnichain fungible token can move wstETH between Ethereum, BNB Chain, Avalanche and Scroll

These capabilities will be available initially between Ethereum and Polygon chains, with more to come

The partnership comes amid speculation that China’s views on crypto may be softening

“It kind of feels like we’re just giving up on decentralization a little bit”

A total of 15 different blockchains will be able to rely on Google Cloud oracles for cross-chain interoperability

Average total transactions per second on layer-2 is now four times greater than that of Ethereum mainnet

Suggesting that all value will flow through a particular chain is “a really great way to sell a token,” Bryan Pellegrino says, but it’s not realistic

Connext wants to make using layer-2s and layer-3s a seamless experience

Auradine and River Financial top big week of raises that included $6 million from Jack Dorsey

KYC is required for participation, and there are range of rewards available for bug hunters

Governance protocol M^Zero Labs picked up $22.5 million of its own as well

Ledger and LayerZero have garnered valuations worth billions of dollars with fresh funding rounds over the past week

The company is now valued at $3 billion

The cross-chain messaging system announced a low-cost, high-security chain based on optimistic rollups

Bryan Pellegrino discusses the hows and whys of LayerZero, Stargate and a cross-chain future

The project previously raised $2 million in a seed round bringing its total fundraising to $8.3 million to date.