Optimism (OP) #162

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Latest news on Optimism (OP) now

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...

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...

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...

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...

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...

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...

Phemex Exchange Faces $37 Million Hack Investigation

Cybercriminals have targeted Phemex, a Singapore-based digital asset derivatives platform. Blockchain security firm Cyvers detected suspicious...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

$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....

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...

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...

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....

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...

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...

Grayscale Introduces Trusts for Lido DAO and Optimism

Grayscale has launched two new Trusts focused on Lido DAO (LDO) and Optimism (OP), aimed at providing exposure to tokens...

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...

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...

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...

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...

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...
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