Cryptos Ranking logo Cryptos Ranking logo
Ethereum World News 2022-08-29 15:14:54

Polkadot’s Moonbeam Onboards LayerZero For Cross-Chain Messaging: CoinDesk

Summary: Moonbeam revealed its integration of cross-chain messaging solution LayerZero on Monday. CEO Derek Yoo expects the move to power “a hub of activity”. LayerZero recently closed a $6 million Series round to help build out its messaging protocol across multiple blockchain networks. Yoo’s protocol also hopes to carve out a foothold in crypto after raising $1.3 billion in January and adding Lido’s staking service to its offering. Moonbeam, a parachain protocol on the Polkadot blockchain, announced that it had […]

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.