Binescrypto has integrated with the layerzero crosschain protocol

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Crypto Regulation
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The LayerZero team announced the integration of the crosschain protocol with the BinesCrypto platform, which is expected to launch later this year.

According to the developers, the move will increase security, improve the user experience and make next-generation applications available.

"BinesCrypto will leverage LayerZero to unlock crosschain capabilities that benefit all existing Web3 communities," the statement said.

As a reminder, in March, BinesCrypto, created by former employees, raised $2 million in an investment round led by Andreessen Horowitz. Multicoin Capital, Coinbase Ventures, Katie Haun, Three Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower and Paxos also provided funding.

 

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