Odaily Planet Daily reports that according to Ember monitoring, two hours ago, Alameda Research’s bankruptcy liquidation address (0x7B7…84d0) exchanged 129 million STG tokens for 11.142 million ZRO tokens, valued at $24.29 million. This STG accounts for 12.9% of the total STG supply and was obtained by Alameda Research as an investment institution through investment unlocks. Previously, LayerZero announced plans to launch the L1 blockchain Zero and in August 2025, acquired Stargate for $110 million. STG holders can exchange their tokens at a fixed rate of 1 STG = 0.08634 ZRO.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Today's top 100 cryptocurrencies by market cap performance: NIGHT up 11.84%, RIVER down 4.62%
On March 23rd in the cryptocurrency market, the top five gainers were Midnight (+11.84%), DeXe (+6.52%), Kite (+5.56%), Shiba Inu (+5.50%), and Pepe (+5.36%). The top five losers were River (-4.62%), Ethena (-3.41%), Decred (-3.15%), Kaspa (-3.04%), and TRON (-2.88%).
GateNews15m ago
Resolv Hack Mints $80M Fake USR, Triggers Market Chaos
A security breach at Resolv Labs allowed attackers to mint 80 million uncollateralized USR stablecoins, causing a price collapse and market instability. Resolv paused contracts, burned illicit tokens, and confirmed $141 million in secure collateral.
CryptoFrontNews31m ago
Kalshi Early Employees Build Prediction Market VC Fund 5c(c) Capital, Targeting $35 Million in Fundraising
On March 23rd, Kalshi early employees Adhi Rajaprabhakaran and Noah Zingler-Sternig are raising up to $35 million for a new venture capital fund 5c(c) Capital, focused on prediction market startups. The fund plans to invest in approximately 20 companies over the next two years, with the first close to be completed within a month.
GateNews1h ago
Sam Bankman-Fried’s Parents Defend FTX as Creditors Question Repayments
Sam Bankman-Fried's parents claim that FTX customers have not lost money, asserting full repayments based on pre-collapse prices. However, many creditors contest this narrative, highlighting discrepancies in repayment values and usage of customer funds. Sam is serving a 25-year sentence, and while appeals are ongoing, opinions on actual loss recovery remain divided.
TheNewsCrypto1h ago
Bitcoin ETFs See Daily Outflows While Solana ETFs Continue Weekly Inflows on March 23
Gate News bot message, according to the March 23 update, Bitcoin ETFs recorded a daily net outflow of 646 BTC (approximately $46.11 million), while maintaining a weekly net inflow of 1,331 BTC (approximately $94.95 million).
Ethereum ETFs experienced a daily net outflow of 27,679 ETH (approximately
GateNews2h ago
U.S. stock market opens with all three major indices rising collectively, cryptocurrency concept stock HODL surges over 10%
On March 23rd, at the US stock market open, the Dow Jones Index rose 1.75%, the S&P 500 rose 1.43%, and the Nasdaq rose 1.64%. Crypto-related stocks showed mixed performance, with HODL up 10.32%. Data sourced from the decentralized RWA trading platform msx.com, which has launched numerous US stock and ETF tokens.
GateNews2h ago
