Tag: Wormhole

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Wormhole Foundation challenges LayerZero’s $110M Stargate acquisition proposal

Wormhole Foundation (WF) entered the bidding competition for Stargate Finance, challenging LayerZero’s proposed $110 million acquisition.In an Aug. 20 statement via X,...

Wormhole Stakes Its Claim in Stargate Contest

The Wormhole Foundation has stepped into the spotlight with a challenge to LayerZero’s $110 million bid to acquire Stargate Finance. Rather than sitting...

Stargate Draws Second Acquisition Bid With Wormhole Topping LayerZero's $110M Buy Offer

Wormhole has jumped into the bidding plans for bridging service Stargate, promising a bid above LayerZero’s initial $110 million token-swap proposal.It wants the...

Wormhole to Compete With LayerZero’s Stargate Bid

Cross-blockchain bridge Wormhole is looking to outbid LayerZero’s $110 million offer to acquire crypto protocol Stargate, arguing LayerZero’s bid doesn’t “create a compelling...
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