Stablecoins can secure US dollar dominance in global finance, says LayerZero CEO Bryan Pellegrino, highlighting their role in cross-border demand and federal support.
LayerZero Labs settles dispute with FTX bankruptcy estate, concluding a two-year legal battle and paving the way for future crypto developments.
LayerZero Labs and Eigen Labs co-developed the Cryptoeconomic DVN Framework to enhance security for decentralized networks using economic incentives.
LayerZero Labs partners with Bitlayer to enhance cross-chain interoperability, enabling seamless dApp communication across over 90 blockchain networks and fund bridging over 300 decentralized applications within Bitlayer's ecosystem.
LayerZero Labs announces partnership with Initia Labs to define interoperability standards with Cosmos.
LayerZero Labs sparked controversy with its "Proof-of-Donation" model for distributing 85 million ZRO tokens, causing a major dispute within the Polymarket community.
LayerZero Labs requiring a donation to receive ZRO tokens left Polymarket with a $680,000 wager disputed by its users.
LayerZero Labs has reinstated the LayerZero Sybil Bounty program on May 28, introducing a new deposit requirement for participants submitting reports.
LayerZero Labs CEO has temporarily paused their Sybil detection bounty process due to an overwhelming number of reports following their recent airdrop stage.
LayerZero Labs wrapped up the self-reporting phase for addressing sybil activities, flagging over 800k potential sybil addresses. The period for sybil reward hunting started on May 18th and will conclude on June 1st.
LayerZero Labs concludes its sybil self-report phase, identifying over 800k potential fraudulent addresses.
LayerZero Labs CEO Bryan Pellegrino reports up to 100,000 addresses self-identified as sybils ahead of their airdrop.
EigenLayer initiates airdrop for EIGEN tokens under Season 1, Phase 1 rewards, which currently remain non-transferable but expected to be transferable in the future.
LayerZero Labs introduced a ban on employees participating in token airdrops, following a community watchdog's scrutiny of potential insider trades. This could mark a new transparency era in cryptocurrency practices.
LayerZero Labs' CEO has confirmed that the company's employees cannot participate in the upcoming airdrop for their project.
LayerZero Labs is combating sybil farming by implementing measures to ensure only genuine $LZR holders benefit from their awaited airdrop, underlining their commitment to fair distribution practices.
LayerZero Labs, a cross-chain interoperability protocol, plans to prevent sybil farmers from participating in its upcoming airdrop.
LayerZero Labs introduces a self-reporting mechanism for users to own up to sybil activity by May 17, 2024, enforcing consequences for non-compliance.
LayerZero Labs encourages sybil farmers to self-report for a 15% share of their allocation, aiming to enhance system robustness.
LayerZero Labs has concluded the initial snapshot, which is seemingly linked to a possible forthcoming airdrop for its community members.
