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LayerZero, a blockchain-based messaging platform, has raised $120 million at a $3 billion value

On Tuesday, LayerZero Labs announced the completion of a $120 million Series B financing, increasing the company’s valuation from $1 billion to $3 billion. LayerZero Laboratories is a web3 communications protocol. This messaging protocol eliminates the need for third-party middlemen for sending messages between blockchains, unlike Web 2.0 messaging applications …

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Just like New Zealand, Australia has banned TikTok from government-issued gadgets

To join the growing list of Western countries that have banned TikTok on government-issued smartphones, Australia made the move today. Mark Dreyfus, the Attorney General, made the announcement and promised that the ban would be enforced “as quickly as practical.” According to Dreyfus, “input from intelligence and security services” was …

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