Gate News: Latest Crypto News and Cryptocurrency Prices

01:38

BID (CreatorBid) rose 38.26% in the last 24 hours

Gate News Bot news, on August 25, according to CoinMarketCap, as of the time of publication, BID (CreatorBid) is currently priced at $0.12, with a rise of 38.26% in the last 24 hours, reaching a high of $0.13 and a low of $0.07. The current market capitalization is approximately $31.3 million, an increase of nearly $8.67 million compared to yesterday. Important news about BID recently: 1️⃣ **Wormhole Foundation plans to make a higher offer for StarGate** Wormhole Foundation announced its intention to make a higher bid for StarGate (STG) than LayerZero's current offer of 110 million ZRO tokens. Wormhole Foundation believes that Sta

BID-18.51%

00:28

LayerZero: StarGate DAO has approved its acquisition of StarGate (STG)

PANews, August 24 news, LayerZero tweeted that StarGate DAO has approved its acquisition of StarGate (STG). StarGateDAO members voted 95% in favor of this acquisition. According to previous news, the LayerZero Foundation proposed an acquisition of the StarGate cross-chain bridge and its token STG for $110 million.

STG-17.72%

ZRO-19.6%

16:22

Wormhole Foundation Plans Higher Counter-Bid for Stargate Against LayerZero's Offer

Gate News bot message, Wormhole Foundation announced its intention to present a higher bid for Stargate (STG) that exceeds LayerZero's current $110 million ZRO token offer. According to Wormhole Foundation's statement, Stargate's current valuation fails to reflect its actual value, citing the proto

W-26.39%

BID-18.51%

STG-17.72%

ZRO-19.6%

05:28

STG (StarGate Finance) rose 15.54% in the last 24 hours.

Gate News Bot news, August 11, according to CoinMarketCap data, as of the time of writing, STG (StarGate Finance) is currently priced at $0.19, up 15.54% in the last 24 hours, with a high of $0.20 and a low of $0.15. The current market capitalization is approximately $127 million, an increase of $17.1 million compared to yesterday. StarGate Finance is a global liquidity layer that connects over 50 blockchains, enabling assets to move instantly and securely to where they are needed. Since 2022, StarGate has become the global liquidity layer driving cross-chain asset movement across over 80 blockchain ecosystems. The platform supports cross-chain transfers of various cryptocurrencies such as USDC, USDT, ETH, BTC, aiming to make funds flow like information on the internet.

STG-17.72%

17:54

LayerZero Foundation has proposed the acquisition of StarGate.

According to a report by Jinse Finance, the LayerZero Foundation has proposed the acquisition of StarGate (STG), bringing the bridge back home.

ZRO-19.6%

STG-17.72%

02:48

MKR, LDO, and STG are among the top Smart Money inflows in the 24-hour ranking

According to a report by Jinse Finance, Nansen data shows the following rankings of Smart Money's 24-hour fund inflows on the Ethereum network: MKR: about $2.146 million, now reporting $2897, a 24-hour decline of 5.8%; LDO: about $871,500, now at $1.95, up 4% in 24 hours; STG: Approximately $461,500, currently trading at $0.39, with a 24-hour increase of 1.83%.

LDO-27.87%

STG-17.72%

ETH-7.81%

17:19

FTX Sues LayerZero Labs to Recover $21 Million FTX, the bankrupt crypto exchange, has filed a lawsuit against LayerZero Labs, seeking to recover $21 million in allegedly illegally withdrawn funds. The case involves transactions between Alameda Ventures and LayerZero, including the acquisition of a stake and the purchase of STG tokens. FTX alleges that LayerZero took advantage of Alameda Ventures during a liquidity crisis. The lawsuit also seeks the recovery of funds from LayerZero Labs, its former COO, and a subsidiary.

14:43

Odaily Planet Daily News According to the monitoring of the chain analyst Ember, Alameda Research has unlocked and received 25.78 million STG, worth 16.6 million US dollars. Alameda purchased 100 million STGs on March 18, 2022 (locked for 1 year and then unlocked linearly in 6 months), and more than 1/4 of them have been unlocked so far. The Alameda attribution address receives the unlocked STG every few days and transfers it to another address for storage. The current storage address has accumulated 25.78 million STG.

BID (CreatorBid) rose 38.26% in the last 24 hours

LayerZero: StarGate DAO has approved its acquisition of StarGate (STG)

Wormhole Foundation Plans Higher Counter-Bid for Stargate Against LayerZero's Offer

STG (StarGate Finance) rose 15.54% in the last 24 hours.

LayerZero Foundation has proposed the acquisition of StarGate.

MKR, LDO, and STG are among the top Smart Money inflows in the 24-hour ranking

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