LayerZero Labs
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Web3 startup LayerZero Labs fighting $21.3-million lawsuit from FTX

Bankrupt crypto exchange suing LayerZero over alleged fraudulent transfers. The CEO and co-founder of Vancouver-based Web3 startup LayerZero Labs is vigorously defending the startup…

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FTX FTT
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F|T: The FinTech Times – Will FTX actually attempt a relaunch?

Plus: Arrest made in the stabbing death of Bob Lee. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from…

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F|T: The FinTech Times – Canadian crypto’s Bizarre Love Triangle ends in three-way merger
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F|T: The FinTech Times – Canadian crypto’s Bizarre Love Triangle ends in three-way merger

Plus: Bob Lee, creator of Cash App, stabbed to death. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from…

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VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund
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Canadian startup news of the week (4/9/23)

Plus: Canadian crypto’s Bizarre Love Triangle. Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…

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LayerZero Labs
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LayerZero Labs raises $120 million at $3 billion valuation to enable more multi-blockchain apps

VCs continue to bet on long-term growth for crypto despite volatile market. Vancouver-based Web3 startup LayerZero Labs is now valued at $3 billion after…

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FTX’s fall could have implications for more Canadian orgs than just Ontario Teachers’
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FTX’s fall could have implications for more Canadian orgs than just Ontario Teachers’

Crypto exchange FTX files for bankruptcy in US, CEO Sam Bankman-Fried steps down. FTX has filed for bankruptcy in the United States, and the…

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blockchain
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LayerZero Labs reaches $1 billion valuation in round backed by Sequoia Capital, Andreessen Horowitz

Tom Brady, Justin Timberlake, crypto leaders like Dapper Labs invested in the $135 million round. Vancouver blockchain tech startup LayerZero Labs is the latest…

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