Aug 26, 2026
Opinion
Morning Minute: LayerZero Announces ATLAS as New Settlement Engine
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. GM! Today’s top news: Crypto majors are slightly red, HYPE outperforms; BTC at $78.7k BTC ETFs see another $320M inflows; ETH outperforms with $180M Hyperliquid activates AQAv2, routing more fees to buybacks & burns (and touts new lending feature) LayerZero introduces ATLAS as new settlement and trading engine (ZRO +10%) Pistacio soars 2...
Oct 27, 2023
DeFi
LayerZero Hit With Hefty Backlash After ‘Frontrunning’ Lido Governance
A bridge too far it seems for LayerZero. After announcing it would integrate a wrapped version of Lido’s ever-popular staked Ethereum token, the team behind the cross-chain protocol was hit with hefty backlash from the Lido community. The wrapped version of stETH is an ERC-20 version of the original blend stETH, making it easier to be reused in other applications. Lido Finance is a popular staking protocol. This is what LayerZero had integrated on Wednesday across BNB Chain, the buzzy layer-2 ne...
Apr 4, 2023
Technology
LayerZero Funding Round Hits $3 Billion Valuation With Backing from Christie’s, Samsung
LayerZero Labs has just concluded its Series B funding, raking in $120 million from a host of notable investors. This gives the interoperability protocol a whopping $3 billion valuation. Auction house Christie’s, Samsung’s next-gen investment arm, NFT platform OpenSea, Circle Ventures, and a16z’s crypto branch were just a few of the 33 different groups that participated in the latest round. LayerZero Raises $135M From Andreessen, FTX, Sequoia to Build Out 'Omnichain' Protocol It may look like a...