Gate News: Latest Crypto News and Cryptocurrency Prices

00:29

LRC (Loopring) rose 15.70% in the last 24 hours

Gate News Bot news, on September 1st, according to CoinMarketCap, as of the time of writing, LRC (Loopring) is currently priced at 0.10 USD, with a rise of 15.70% in the last 24 hours, reaching a high of 0.12 USD and a low of 0.08 USD. The 24-hour volume is 313 million USD. The current market capitalization is approximately 140 million USD, an increase of 19 million USD compared to yesterday. Important recent news about LRC: 1️⃣ **Layer 2 scalability solutions attract attention** Loopring, as one of the Ethereum Layer 2 scaling solutions, is gaining more attention for its technical advantages in the current market environment. The project improves transaction speed and reduces costs through zkRollup technology, helping to alleviate the congestion issues of the Ethereum network, and attracting more users and developers' interest.

LRC-18.71%

06:35

Nasdaq-listed company Hilbert Group AB has announced that it has agreed to acquire digital asset management company Liberty Road Capital (LRC). The structure of this acquisition is a purchase of only equity assets, including the profit and prepayment portions. Hilbert Group will acquire the entire business of Liberty Road, including all asset management protocols, existing customer relationships, all intellectual property, and key employees. The terms of the transaction ensure that Hilbert retains all the total revenue of the acquired business. For this purpose, Hilbert Group and Liberty Road have signed a binding list of terms. The transaction is expected to be completed in January 2025. (Accesswire)

LRC-18.71%

04:37

Nasdaq-listed company Hilbert Group AB has announced that it has agreed to acquire digital asset management company Liberty Road Capital (LRC). It is reported that this acquisition is a pure equity asset acquisition, including the profit and prepayment parts. The entire acquisition transaction is expected to be completed in January 2025, and Hilbert Group will obtain all the business of Liberty Road, including all asset management protocols, existing customer relationships, all intellectual property rights, and key employees. The specific acquisition amount has not been disclosed at this time.

LRC-18.71%

04:19

Hilbert Groupacquisitiondigital asset management company Liberty Road Capital

Golden Finance reported that Nasdaq-listed company Hilbert Group AB has announced that it has agreed to the acquisition of Liberty Road Capital (LRC), a digital asset management company. It is reported that this acquisition is a pure equity asset acquisition, including profits and prepayments. The entire acquisition transaction is expected to be completed in January 2025, and Hilbert Group will acquire Liberty.

LRC-18.71%

09:04

Cryptocurrency market fluctuates, well-known cryptocurrencies such as BTC (Bitcoin) and XRP (Ripple) face challenges. XRP is facing resistance at key price levels and is struggling to recover to its high point. Memecoins like PEPE Coin are fluctuating in competition, LRC and FLOKI coins are also facing adjustments. Investors need to remain cautious and pay attention to market trends.

FLOKI-25.03%

BTC-5.49%

LRC-18.71%

07:26

On March 3, according to Whale Monitoring, 28,101,290 LRC (approximately $9,097,012) were transferred from Loopring to an unknown wallet.

LRC-18.71%

02:27

According to PeckShield's monitoring, about $4.9 million worth of cryptocurrencies were transferred on Ethereum and BNB Chain by FTX addresses, including 22,948.56 Cake ($51,405.23), 37,735,856.65 CHZ ($2,893,623.49), 1,578,590.83 ENJ ($426,501.92), 4, 454,242.27 LRC ($997,090.72), 76.23 PAXG ($148,138.43), and 475,111 USDT ($475,111).

CAKE-21.93%

BNB-8.61%

02:27

CAKE-21.93%

BNB-8.61%

13:16

Odaily Planet Daily News According to on-chain monitoring, after 116 days, the address "danielwang.eth" of Daniel Wang, the former founder of the Loopring protocol, became active 1 hour ago, and transferred 100 million LRC tokens to Loopring: Exchange v2, worth $18.8 million. The specific process is as follows: (1) Transfer 0.1 ETH to danielwang.eth from the address starting with 0x40 as Gas fee; (2) danielwang.eth interacts with the Loopring token contract to obtain 100 million LRC tokens and transfer them to the address starting with 0x40; (3) The address starting with 0x40 transfers the 100 million tokens to Loopring: Exchange v2. In March 2022, Daniel Wang issued a document announcing his departure from the Loopring protocol and no longer participating in the daily work of the project. Since then, Daniel Wang, Brecht Devos and others have co-founded Taiko, an Ethereum Layer 2 scaling solution. Currently, the project has completed two rounds of financing, raising a total of US$22 million.

14:10

ZK At present, general zkRollup schemes such as ZkSyne and Starknet have not issued coins. In addition to following these projects, you can also pay attention to ZK application layer star projects and tokens such as $LRC, $IMX, $SKL, etc.

LRC (Loopring) rose 15.70% in the last 24 hours

Hilbert Groupacquisitiondigital asset management company Liberty Road Capital

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