This week is critical for crypto, with the first rate cut since 2020 scheduled for Wednesday. According to crypto analyst Miles Deutscher, several altcoins are primed for explosive growth, depending on how the market reacts. Analyst has shared his top five tokens to watch closely, focusing on technical setups and fundamental factors.

CARV, a leading name in modular data solutions for gaming and AI, has announced an exciting partnership with LayerZero, a technology firm specializing in cross-chain data mobility.

TL;DR WBTC Native Expansion: BitGo Launches Wrapped Bitcoin on Avalanche and BNB Chain Using LayerZero's Omnichain Fungible Token Standard. Decentralized Verifier Network: WBTC will feature a 1-of-2-of-3 setup, with BitGo as the primary verifier and LayerZero Labs and Polyhedra as optional verifiers.

LayerZero has been selected as the interoperability provider for BitGo's Wrapped Bitcoin (WBTC) to enhance its cross-chain capabilities. LayerZero's choice highlights the chain's growing influence in the blockchain space and it has caused its native token, ZRO, to rebound from a crucial support level in its price chart.

BitGo has selected LayerZero as the digital asset custody provider's official interoperability provider for the Wrapped Bitcoin token. On Sept.

With LayerZero as its official interoperability provider, BitGo is expanding its tokenized wrapped bitcoin (WBTC) product to BNB Chain and Avalanche.

LayerZero's CEO commented on the inclusion of a “big Sybil hunt” to block bots and reward real users. The main reason for Sybil filtering was due to fake accounts trying to claim airdropped tokens.

When ZRO first hit the market almost three months ago, it had a price tag of $4.4. Currently, it has recorded only a 23% price dip from launch.

LayerZero's native ZRO token has vastly outperformed the tokens of other projects including ZKsync and Starknet, which were airdropped around the same time.

TL;DR The LayerZero Foundation has launched a community program with 5 million ZRO tokens allocated to encourage participation and engagement within its ecosystem. The program offers roles as community member, builder, and content creator, with initial rewards of 25,000 ZRO tokens for those who joined before June.

LayerZero Foundation launched the LayerZero community program with three roles, offering up to 5 million ZRO tokens as rewards.

LayerZero (ZRO) is under renewed selling pressure, with its price sliding toward $3.19 after being rejected at a key trendline. The sharp downturn has shifted market sentiment to a more bearish outlook, sparking concerns about deeper declines.

On a day when major cryptos were unable to sustain what had at one point looked like a promising rally on strong US economic data and Nvidia results, investors turned to the altcoin markets for top crypto performers today.

As Bitcoin (BTC) reclaims the $60,000 mark, a ripple effect is being felt across the cryptocurrency landscape with altcoins like THORSwap (THOR), LayerZero (ZRO), Velo (VELO), and Kishu Inu (KISHU) experiencing double-digit gains. This article will explore how THORSwap, LayerZero, Velo, and Kishu Inu are making headlines and capturing investor attention amid the Bitcoin resurgence.

Hidden on the second page of Coinmarketcap, LayerZero is making waves in the industry as an omnichannel interoperability protocol. As it enables secure messages to pass across blockchains, its Ultra-Light Nodes (ULNs) act as smart contract endpoints on each chain.

TL;DR Strategic Partnership: Animoca Brands has partnered with LayerZero Labs to integrate LayerZero's omnichain interoperability protocol into its ecosystem. This collaboration aims to enhance user and developer experiences across digital content, gaming, and entertainment. Leveraging Animoca Brands' Network: LayerZero will be the preferred interoperability solution for Animoca Brands' projects, including Mocaverse and Open Campus.

Animoca Brands' adoption of LayerZero's interoperability solution could significantly streamline cross-chain interactions, enhancing user experience and developer capabilities in the blockchain ecosystem. The post LayerZero becomes default interoperability solution for Animoca Brands appeared first on Crypto Briefing.

Animoca Brands and LayerZero Labs announce a multi-year strategic partnership to enhance interoperability in digital content and gaming ecosystems.

LayerZero finalized the rewards for Sybil bounty hunters on July 25, with participants receiving 10% of the token allocation for each verified Sybil address.

The cryptocurrency market has recorded a negative price action with top crypto tokens recording a drop in their respective portfolios. Furthermore, the market leader, Bitcoin price has dropped 1$ and is currently trading with a price tag of around $66,500.

LayerZero's proactive stance against Sybil attacks is an exemplary one for blockchain projects that are keen on establishing secure and transparent ecosystems.

After dipping below the $3,000 level, Ethereum price is trading above $3,400, showing strength in the crypto market. Experts are expecting the start of a new upswing in the market, and excitement in the crypto community has risen again.

Meme coins and altcoins are playing the same game but on different fields. Meme coins, celebrated for their playful themes and strong community support, often rise to fame swiftly, much like a trending online meme. Altcoins, however, prioritize innovative technology and practical applications, aiming for gradual, stable growth.

LayerZero (ZRO) price is consistently noting an increase, but initially, the investors did not expect this to happen.

LayerZero Labs is partnering with Initia Labs to develop an interoperability standard for Cosmos, the two blockchain platforms announced on Wednesday. The goal is to enable Cosmos SDK chains and LayerZero-enabled chains to connect, facilitating omnichain interoperability.

Key points of the news LayerZero Labs and Initia Labs are developing an interoperability standard for Cosmos. This standard will allow Cosmos SDK-based chains to connect with Cosmos-enabled chains. The goal is to facilitate omnichannel interoperability between various blockchain networks.

Announced on the X platform, aiming to connect Cosmos with LayerZero-compatible chains for seamless cross-chain functionality.

Binance has announced expanding its support for four trending crypto- Artificial Superintelligence Alliance (FET), FLOKI, Notcoin (NOT), and LayerZero (ZRO). Notably, the announcement has gained notable traction from the crypto market participants, who are evaluating the potential impact of the move towards the crypto.

LayerZero (ZRO) is currently experiencing strong bullish momentum, positioning itself for potential new highs in the future. This sustained upward trend indicates growing investor confidence and increased market interest in the platform's capabilities.

On July 6, data from CoinMarketCap showed that LayerZero's token, ZRO, recovered by approximately 24% over the past 24 hours. ZRO was one of the few tokens with positive price growth as the crypto market indicated signs of recovery.

Talks of an altcoin season have been put to rest after the total crypto market cap briefly slipped below $2 trillion. The decline resulted from a broader price crash in which many altcoins reached extremely low values that had not appeared in weeks, some months, and others— years.

It marked the rollup's highest day of revenue ever and a sharp turnaround compared to the typical post-Dencun average.

The altcoin market turns sluggish as the Bitcoin price drops. Contradicting the sluggish altcoin momentums, LayerZero (ZRO) and FLOKI exhibit gains in the present bull run. Both coins show steady gains. LayerZero (ZRO) has been exhibiting a bullish run from the 29th of June. The token has shown a massive surge amid this bullish takeover.

It was a sea of green on Monday as Bitcoin bounced back above $63,000 as investors embraced a risk-on sentiment.

Binance announces updates to collateral ratios for various assets under Portfolio Margin, affecting users' Unified Maintenance Margin Ratio (uniMMR).

Arbitrum experienced significant network congestion and revenue surge due to the chaotic LayerZero airdrop.

Arbitrum recorded a sharp surge in daily revenue on Thursday as transactions skyrocketed amid the LayerZero (ZRO) token claim.

TL;DR The launch of LayerZero's ZRO token on June 20 caused a 16,680% increase in Arbitrum's daily revenue, reaching $3.43 million. To claim the ZRO token, users must donate 10 cents in USDC, USDT, or ETH per token, which increased gas fees on ARB to an average of 89 cents.

This event set a record day for Arbitrum rollups, totaling $3.43 million in revenue and $3.29 million in net profit. The LayerZero airdrop caused a surge in transactions as users rushed to claim tokens.

Amid LayerZero token claims, Arbitrum registered $3.43 million in revenue on June 20, compared to just $20,000 the day before.

LayerZero's “not an airdrop” ZRO token airdrop has spurred a new peak for Arbitrum's daily revenue.

The crypto prices today have regained bearish market sentiments as Bitcoin dropped to the $64K mark while altcoins Ethereum (ETH), Solana (SOL), XRP, LayerZero (ZRO), and others followed. The meme coins sector also witnessed a bearish movement, although Dogecoin's (DOGE) price rose today.

LayerZero, a protocol designed for easy communication between blockchains, has launched its native token, ZRO. The foundation announced an airdrop, which went live a few hours later with a strategic allocation and anti-sybil measures. The token has been launched with a fixed supply of 1 billion, of which 38.3% is reserved for community members, 32.

TL;DR LayerZero Foundation launches airdrop eligibility website for ZRO token distribution, supporting EVM and Aptos addresses, with 10 million tokens to be distributed among 1.28 million addresses starting June 20th. To combat Sybil attacks and ensure fairness, LayerZero implements strict measures, retrieving 10 million tokens for distribution to genuine participants, with an easy-to-use Eligibility Check Website.

LayerZero Foundation unveils a user-friendly website to check airdrop eligibility for EVM and Aptos addresses.

LayerZero integrates IOTA EVM for seamless cross-chain communication.

The IOTA Foundation has announced the launch of IOTA EVM, a Layer 2 solution that can seamlessly integrate smart contract capabilities into the IOTA Network.