Wyoming Pioneers First State-Backed Stablecoin with WYST Launch
• 1 min read
Wyoming announces testing of WYST, the first US state-issued stablecoin backed by cash and Treasuries, set to launch in July 2025. The innovative project will operate across multiple blockchain networks while directing generated interest to the state's education fund.
LayerZero Reaches Settlement with FTX Estate Over $21M Legal Dispute
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LayerZero Labs has settled its legal battle with FTX's bankruptcy estate regarding a $21 million claim tied to pre-collapse Alameda Ventures transactions. CEO Bryan Pellegrino announced the agreement, which includes returning the original repurchase amount to creditors.