#162 News Optimism
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Latest news on Optimism (OP) now
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USDC Market Cap Grows 21% in January Amid Bitcoin Price Stability
The current state of the crypto market shows Bitcoin's upward momentum is hindered by President Trump's tariff threats, impacting its price and...

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Securitize Chooses Wormhole for Cross-Chain Transfer of Tokenized Assets
Securitize has adopted Wormhole technology for transferring institutional funds across multiple blockchain networks. This integration aims to...
Bitcoin Rebounds to $102,000 Amid Stabilizing Crypto Market
The crypto market is stabilizing, with bitcoin recovering to $102,000. Key movements include:
XRP increased by 11%
SOL rose by 7%
AI coins gained...

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Bitcoin Drops Below $98K as DeepSeek Affects Market Sentiment
Bitcoin dropped to $97,800, influenced by market sentiment shifts due to concerns over the Chinese AI startup DeepSeek's impact on U.S. technology...

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Bitcoin Price Fluctuates as Dollar Weakens and Risk Assets Rise
The crypto market experienced significant volatility recently, with Bitcoin fluctuating between 2% to 3% in short intervals but maintaining a...

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Phemex Suspends Withdrawals After $37 Million Crypto Hack
Phemex, a crypto exchange, experienced a major exploit on Thursday, leading to the theft of approximately $37 million in various cryptocurrencies...

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Agora Acquires Blockchain Governance Competitor Boardroom to Enhance Services
Agora, a blockchain governance startup, will acquire Boardroom to enhance governance in the Ethereum ecosystem. This move anticipates growth in...

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Phemex Exchange Faces $37 Million Hack Investigation
Cybercriminals have targeted Phemex, a Singapore-based digital asset derivatives platform. Blockchain security firm Cyvers detected suspicious...
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Retail Demand Remains Strong Despite Weaker Cryptocurrency Markets
Bitcoin and major cryptocurrencies declined following the Chicago Mercantile Exchange's denial of futures listings for XRP and SOL. Anticipation...

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GRVT Secures $5 Million Funding to Enhance Crypto Exchange Operations
GRVT, a crypto exchange on ZKsync, secured $5 million in funding led by Further Ventures. This equity round took place from October to December...
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Ripple CTO Clarifies Definition of Crypto Rug Pulls
David Schwartz, CTO of Ripple Labs, initiated a discussion on the concept of "rug pulls" within the crypto community. His insights focused on...
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Sony Launches Soneium Blockchain Amid Memecoin Controversy
Key Developments in Cryptocurrency
Sony launches Soneium: Sony introduced its blockchain platform Soneium, built on Optimism's OP Stack, aimed...

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Soneium Launches Mainnet Amid Censorship Controversies
Sony launched the Soneium L2 blockchain, built on the OP Stack, in collaboration with Startale Group. The launch faced challenges due to...

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Soneium Joins Optimism Superchain for Enhanced Scalability and Security
Soneium, a blockchain platform for digital creators, has integrated with the Optimism Superchain. This partnership enables Soneium to utilize...
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Solaxy Atteint 10 Millions de Dollars en Prévente sur Solana
La prévente de Solaxy a levé près de 9,2 millions de dollars et vise à atteindre 10 millions. Ce Layer 2 de Solana a été lancé il y a un mois et...

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DRV Airdrop Transitions to DRV Launch Program Starting January 13
Derive has transitioned its DRV Airdrop initiative into the DRV Launch Program, effective January 13 at 12:00 AM UTC. This program incentivizes user...
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Grayscale Forecasts Smart Contracts to Drive Crypto Market in 2025
Grayscale Research projects that smart contract platforms will lead the crypto market in Q1 2025, with competitors such as Solana, Sui,...
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$450 Million in Token Unlocks Expected to Impact Crypto Market
The crypto market has experienced a liquidation of nearly $170 million in the past 24 hours, coinciding with a significant token unlock this week....

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Binance to Suspend Optimism Deposits and Withdrawals Ahead of Upgrade
World-leading crypto exchange Binance announced support for the upcoming upgrade of the Optimism (OP) network. The announcement was made on...
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Trump Appoints Pro-Crypto Leaders for Economic Council and Advisory Roles
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development.
Network News
TRUMP CRYPTO...

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Kraken's Ink Blockchain Launches Early Due to Strong Community Support
Kraken’s new Layer-2 blockchain, Ink, has launched on the mainnet ahead of schedule due to strong community support and developer interest....
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Kraken Launches Layer-2 Blockchain Ink on Mainnet Months Early
Cryptocurrency exchange Kraken has launched its independent blockchain, Ink, aimed at the decentralized finance (DeFi) ecosystem. The layer-2...
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Base Achieves Record 19.4 Million Users in October
Focusing on EVM chains, the Flipside’s Onchain Users Report tracked record growth and challenges in user engagement. Here are key trends for...
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Grayscale Introduces Trusts for Lido DAO and Optimism
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Grayscale Launches New Trusts for Lido DAO and Optimism Tokens
Grayscale Investments, a leading asset management firm in the crypto sector, has launched two new trusts to provide institutional investors with...
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Orderly Network Launches Omnichain Perps Orderbook on Solana Mainnet
Orderly Network has launched its perps omnichain orderbook on Solana's mainnet, enabling Solana users to engage in omnichain DeFi trading for the...
Optimism (OP) Predicted to Decline by 18% Amid Market Signals
Optimism (OP) has gained 35.76% in the past week, trading above $2.20, with bullish investor sentiment. However, some trading indicators suggest...

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Franklin Templeton Launches Benji Tokenization Platform on Ethereum
Franklin Templeton is launching its Benji tokenization platform on the Ethereum network, following launches on Aptos, Avalanche, Arbitrum, and Base...

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Orderly Network Integrates Avalanche Blockchain to Enhance Cross-Chain Liquidity
Orderly Network, a Web3 liquidity platform, has integrated the Avalanche blockchain into its network to enhance cross-chain liquidity and support...
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DAOs Face Challenges in Achieving True Decentralization
The concept of a decentralized autonomous organization (DAO) is significant in the Web3 ecosystem.
What is a DAO?
A DAO operates like a private...