Latest News for: stargate

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Wormhole to counter LayerZero’s $110M Stargate bid with its own

BitRSS 21 Aug 2025
Wormhole will bid against LayerZero to acquire the crosschain transfer platform Stargate, which just launched an updated bid on Sunday to better reception ... .
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Wormhole Seeks to Outbid LayerZero for Stargate Acquisition

BitRSS 21 Aug 2025
Wormhole, a cross-chain protocol, has stepped forward to challenge LayerZero’s $110 million attempt to acquire Stargate ... .
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Stargate Draws Second Acquisition Bid With Wormhole Topping LayerZero's $110M Buy Offer

CoinDesk 21 Aug 2025
Wormhole has jumped into the bidding plans for bridging service Stargate, promising a bid above LayerZero’s initial $110 million token-swap proposal ... Stargate’s numbers explain the interest.
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Wormhole Bids Higher Than LayerZero for Stargate, Calls for Vote Delay

Crypto Economy 21 Aug 2025
TL;DR Wormhole has entered the race to acquire Stargate with a proposal higher than LayerZero’s $110 million bid, pushing for a delay in the governance vote ... A potential Wormhole–Stargate merger could ...
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Wormhole Foundation challenges LayerZero’s $110M Stargate acquisition proposal

Cryptoslate 21 Aug 2025
Wormhole Foundation (WF) entered the bidding competition for Stargate Finance, challenging LayerZero’s proposed $110 million acquisition ... Further, Wormhole shared that Stargate maintains over $92 ...
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STG jumps 10% as Wormhole challenges LayerZero’s $110M Stargate deal

Invezz 21 Aug 2025
This offer is designed to accelerate both Stargate and LayerZero, giving Stargate the resources to ship on an aggressive roadmap that expands its prerogative outside of bridging, while tying as an ...
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Wormhole Stakes Its Claim in Stargate Contest

99 Bitcoins 21 Aug 2025
The Wormhole Foundation has stepped into the spotlight with a challenge to LayerZero’s $110 million bid to acquire Stargate Finance ... For the deal to go through, Stargate’s token holders have to approve it ... The Stargate community vote is still underway.
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SoftBank announces $2bn investment in troubled US chipmaker Intel

Tahawultech 20 Aug 2025
It has also been reported in recent days that the Japanese company has just bought a factory from Foxconn in Ohio, which it plans to use to build AI data centre equipment as part of their role in the $500bn Stargate project ... Intel CEO Lip-Bu Tan said.
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Foxconn to operate SoftBank’s Stargate AI server site in Ohio

Japan Times 18 Aug 2025
SoftBank will supply manufacturing gear to the factory, and a joint venture between the two companies will make AI data center-related equipment ... .
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Foxconn and SoftBank to make data center equipment in Ohio for Stargate project

Newark Advocate 18 Aug 2025
18 it plans to manufacture data center equipment with Japan's SoftBank at the Taiwanese firm's former electric vehicle factory in Ohio, part of the Stargate project to advance U.S ... Stargate is a joint ...
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Stargate DAO proposal looks to Binance, Circle for counter offers amid LayerZero buyout bid

BitRSS 13 Aug 2025
The proposal suggests that the DAO appoint a representative for the potential sale of the protocol that has no connection to either the Stargate Team or LayerZero ... .
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