Cyphellostereum bicolor

About

Cyphellostereum bicolor is a species of corticolous (bark-dwelling) basidiolichen in the family Hygrophoraceae. Found in Mauritius, it was formally described as a new species by lichenologists Robert Lücking and Einar Timdal. The type specimen was collected from the Bambou Mountains at an elevation of 250–300 m (820–980 ft), where it was found growing on tree bark. The species epithet bicolor refers to the notable visual contrast between the vivid blue-green cyanobacterial filaments and the white hyphal patches that give rise to the hymenophore.

Summary from Wikipedia