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BTC $60,521.38 -0.63%
ETH $1,556.25 -2.04%
BNB $572.36 -0.05%
XRP $1.09 -0.94%
SOL $61.55 -4.65%
TRX $0.3217 +0.03%
DOGE $0.0808 -0.93%
ADA $0.1579 -1.07%
BCH $214.14 -1.09%
LINK $7.33 -0.26%
HYPE $57.88 -0.84%
AAVE $60.08 -3.21%
SUI $0.7112 +1.70%
XLM $0.2122 +12.85%
ZEC $353.75 +5.35%

LayerZero: Zero risk exposure to Silicon Valley Bank

2023-03-11 09:48:39
Collection

ChainCatcher message, full-chain interoperability protocol LayerZero Labs co-founder and CEO Bryan Pellegrino tweeted that LayerZero has zero exposure to Silicon Valley Bank, with only a negligible funding account at the bank (approximately 0.3% of liquid funds), most of which is within the limits of the Federal Deposit Insurance Corporation. (source link)

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