Vancouver-based blockchain infrastructure provider LayerZero Labs has officially announced its intention to launch a token in the first half of 2024. The announcement was made on the X platform (formerly known as Twitter), where LayerZero addressed the speculation and expectations of its community. Community discussions and concerns about communication have been noted, and it is […]
LayerZero Labs
FTX’s Drama Unfolds: LayerZero Faces Lawsuit Amidst Controversy
LayerZero, a crypto unicorn once backed by the SBF-led FTX, is the latest target of a lawsuit filed by the bankrupt crypto exchange. FTX is seeking to recover $21 million that was allegedly withdrawn just days before its November collapse. The lawsuit centers around transactions that occurred between January and May 2022 involving Alameda Ventures, […]