Optimism Braces for $587M OP Token Unlock Amid Dwindling Price
Ethereum scaling protocol Optimism is gearing up for a planned token unlock scheduled for May 31st. As such, over 386 million OP tokens, worth more than $587 million at the…
Auto Added by WPeMatico
Coinbase-Backed Base Awaits Optimism’s Bedrock Upgrade Before Mainnet Launch
Coinbase-incubated Base is gearing up for a mainnet launch as the Ethereum layer 2 ecosystem heats up. Path to Base mainnet includes a certain set of objectives to be met.…
Optimism Bedrock Upgrade Release Date Revealed
Optimism, a popular layer-2 blockchain, is set to release its long-awaited Bedrock upgrade on June 6th at 16:00 UTC. The Bedrock release – which is a complete rewrite of an…
What is a Layer 2? Everything You Need to Know
Layer 2 (L2) is a common term among crypto natives, but the concept can be confusing for many people, especially those who have just joined the industry. It is a…
Hacker Withdraws 200 Billion Fake BitBTC From Optimism Bridge
The Optimism bridge supporting privacy coin BitBTC is actively being exploited for 200 billion BitBTC tokens. Due to the technicals of the hack, the BitBTC team now has less than…
Ethereum Staking Platform Lido Taps Layer 2 Networks Arbitrum, Optimism
Crypto staking service provider, Lido, launched on Ethereum layer 2 networks Arbitrum Bridge and Optimism. Lido first revealed its plans to expand stETH across the growing layer 2 decentralized finance…
Activity Stagnates Post-Merge Ethereum, Sidechain on Losing Side
Ethereum pulled off a stunning technical upgrade that saw the popular blockchain transition to the proof-of-stake consensus model for processing transactions after six years of work. However, post-merge activity on…
OP Skyrockets 95% in 2 Days as TVL in Optimism Soars Above $500 Million
Ethereum layer-two scaling solution Optimism (OP) has soared by as much as 95% in the past two days as the total value locked in various DeFi protocols on the network…