The LayerZero Foundation has announced a proposal to acquire Stargate (STG) tokens for $110 million. The offer allows STG holders to exchange their tokens for ZRO at a 1:0.08634 ratio, aiming to integrate the bridge protocol more deeply into the LayerZero ecosystem. In other developments, Ethereum ($ETH) reached its highest weekly close since December 2021, signaling strong market performance. Meanwhile, Nvidia and AMD have agreed to pay 15% of their China chip sale revenues to the US government to secure export licenses, as per an arrangement with the Trump administration. Additionally, Bo Hines is stepping down as the White House Crypto Council chief, with Patrick Witt expected to succeed him. El Salvador has also made headlines by allowing banks to operate entirely as Bitcoin banks for accredited investors, while Vitalik Buterin has regained billionaire status. The top 100 Bitcoin treasuries now hold nearly 1 million BTC.