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ColorTrace is LayerZero’s solution to problems with Colored Coins, including the amount of storage required to color digital assets. Cross-chain communication protocol LayerZero has launched ColorTrace, a value attribution solution that facilitates fair tracking. The solution easily attributes tokens to the entity that minted the token, allowing for easy verification of
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The Telos Foundation shares news of a bridge solution that will enable users to transfer assets and data between any blockchain supported by LayerZero. Per an Oct. 24 announcement, the joint effort aims to improve blockchain scalability, security and user-friendliness, ushering in what the Telos aims to be a new era
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Google Cloud Oracle was announced as the official verification system for data sent between blockchains using LayerZero’s omnichain interoperability protocol. LayerZero Labs, the entity behind on-chain messaging platform LayerZero, unveiled a partnership with Google Cloud to bolster security for data sent across different standalone blockchain networks. According to a Sep. 12 press
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Daily transactions on Avalanche C-Chain, an implementation of the Ethereum Virtual Machine, grew to just under 500,000 from roughly 200,000, and the number of daily active addresses ranged between about 25,000 and 117,000, settling around 95,000 at the end of the quarter, blockchain analytics firm Nansen said in a research
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Cross-Chain communication protocol platform LayerZero has crossed 50 million cross-chain messages, as revealed by the platform on Tuesday, July 25. This significant milestone proves the massive trading activity and cross-chain token swaps that happen across several chains daily. LayerZero’s Impressive Growth The ‘50-million cross-chain messages’ is undoubtedly a testament to how much
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The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A recent phishing attack involving a fake LayerZero airdrop targeting Twitter users has drained multiple crypto wallets. In a recent tweet, the security firm Certik advised users to be careful about any airdrops. They further said that
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As these two significant platforms combine their experience and resources, they have the potential to set new standards for decentralized banking and uncover a plethora of opportunities for developers and consumers alike. Tenet, a functional layer-1 blockchain network built on the Cosmos SDK, has recently forged a groundbreaking partnership with LayerZero,
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Layer-1 blockchain Tenet is set to see its liquid staking derivatives platfrom plug into a cross-chain decentralized finance (DeFi) ecosystem through a partnership with omnichain messaging protocol LayerZero.Tenet has plugged into LayerZero’s cross-chain protocol to access the wider DeFi ecosystem across a number of different blockchains. The Cosmos-based blockchain is
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Cross-chain messaging protocol LayerZero and security platform Immunefi have teamed up to launch a $15 million bug bounty program. The program offers a maximum reward of $15 million for anyone identifying a vulnerability at the highest severity level. According to its terms and conditions, rewards are based on the Immunefi Vulnerability Severity
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