Tag: optimism

Aug 10 2022

Optimism TVL surpasses $1 billion ahead of The Merge upgrade

Aug 10 2022 Published at Coinscreed under tags  ethereum ethereum news news optimism the merge

Ethereum layer-2- scaling solution Optimism has surpassed $1 billion in total value locked (TVL) which is nearly 300% M/M as The Merge upgrade approaches. Total value locked (TVL) on Optimism, a layer-2 scaling solution for the Ethereum blockchain, has increased 284 percent in the last month, according to data from DefiLlama. Users lending and borrowing […] The post...

Aug 05 2022

Ethereum Users Flock to Optimism for Aave Liquidity Mining Launch

A new liquidity mining program from Aave has helped push the total value locked in Optimism above $1.5 billion. Optimism Launches Liquidity Mining on Aave Optimism has launched another round...

Aug 02 2022

Will Optimism Token Continue to Rise?

Aug 02 2022 Published at Altcoin Buzz under tags  optimism technical analysis

One of the numerous blockchain ideas attempting to address the scaling issues with Ethereum is the Optimism Rollup network. Optimism gets a little bit closer to the significant improvement "Bedrock." On its platform, Optimism is getting ready to roll out the most recent update, called...

Aug 01 2022

A Brief Look into DeFi’s Ecosystem of Arbitrum and Optimism

Aug 01 2022 Published at Altcoin Buzz under tags  arbitrum defi optimism

Ethereum layer-2 scaling took off in last year’s decentralized finance and crypto boom. Markets and activity have cooled a little now, but there are still some interesting DeFi protocols on L2. According to L2beat, there is currently $4.9 billion in total value locked on layer-2. It is down from a record $7.4 billion TVL in early April, however, the figure is rising again....

Jul 13 2022

Nexo Adds Optimism (OP) to Its Platform with Support for Trading, Borrowing and More

Nexo now supports the Optimism (OP) token Cryptocurrency lending platform Nexo now supports Optimism’s OP token on a wide selection of its services. Nexo users can now purchase OP tokens...

Jun 28 2022

What Is the Optimism Layer 2 Solution?

Jun 28 2022 Published at Altcoin Buzz under tags  defi optimism optimism-ethereum bridge

No matter how much we like Ethereum, we know there are some issues at hand. Congestion and high transaction fees are top of the list. Ethereum is working on solutions with the Merge and sharding. In the meantime, Layer 2 solutions solved these problems already. Optimism is such a Layer 2 solution. It offers fast transactions at low costs, and it’s scalable. They...

Jun 27 2022

MATIC is the #1 Coin to Watch for the Week of June 27 – July 3, 2022

The cryptocurrency markets finally showed some much-anticipated hints of recovery during week 25, as the total crypto market capitalization climbed from $940 billion to $990 billion. While $50 billion is a rather small weekly gain, it is the first market cap weekly increase in more than 7 weeks. In addition, the total market cap almost touched $1 trillion last week. We sincerely hope...

Jun 20 2022

HNT is the #2 Coin to Watch for the Week of June 20 – June 26, 2022

Last week the total cryptocurrency market capitalization plunged below $1 trillion for the first time after January 2021 as bearish sentiment affected the trading of almost every major cryptocurrency. Towards the end of the week the cryptocurrency market bled out a few more billions, reaching a total market capitalization of merely $840 billion before slowly recovering back to $940 billion at the end...

Jun 15 2022

Ankr is the Latest RPC Provider for Optimism

Jun 15 2022 Published at Altcoin Buzz under tags  business partnerships optimism rpc

Ankr is a Web3 infrastructure and cross-chain staking DeFi platform. It aims to make blockchain participation simple and cheap by staking, hosting nodes, or building dapps. The infrastructure provider just announced that it has become an RPC (Remote Procedure Call) provider for Optimism, a lightning-fast Layer-2 scaling solution for the Ethereum blockchain. This move expands Ankr’s ambition to be a...

Jun 13 2022

SOL is the #2 Coin to Watch for the Week of June 13 – June 19, 2022

As there were no bigger moves on the cryptocurrency market last week, the sector is entering Week 23 with an almost unchanged total market capitalization of $1.28 trillion. Among the biggest gainers out of crypto Top 100 in the last 7 days are WAVES (+92%), HNT (+28%) and ADA (+20%). In total, 60 out of top 100 cryptocurrencies ended the week in the...

Jun 11 2022

Optimism hacker confirms they are whitehat, returns most of stolen funds

Jun 11 2022 Published at CryptoSlate under tags  airdrop defi hacks optimism vitalik buterin

Optimism hacker has confirmed they are a whitehat and asked the project developers to share a return address for the remaining tokens in their possession. The hacker stole 20 million OP tokens from...

Jun 10 2022

Ethereum Optimism Thief Returns $16M in Stolen Tokens

Jun 10 2022 Published at Crypto Briefing under tags  analysis ethereum optimism

The attacker also sent 1 million OP to Vitalik Buterin and retained 2 million tokens as a bounty reward. Optimism Attacker Gives Back Loot The attacker who stole 20 million...

Wintermute Hacker Returns 17 Million OP Tokens

Yesterday, we wrote about a recent exploit that saw an anonymous attacker gain access to a blockchain address with 20 million OP tokens (worth $35 million at the time of the hack). Today, 17 million of those tokens were returned to the Optimism contract address.

Another Ethereum Layer 2 Coin Crashes At Launch, Here’s Why

Jun 10 2022 Published at Coingape under tags  altcoin news ethereum l2 news optimism

HOP Protocol's governance token tumbled in its debut on Friday as traders appeared to be dumping the token after it was airdropped. The Ethereum Layer-2 protocol...

Breaking: Optimism Hacker Intends To Return 18 Mln OP Tokens

Jun 10 2022 Published at Coingape under tags  hackers news optimism

The Optimism (OP) hacker on Friday sent another 1 million OP tokens to Vitalik Buterin's wallet address and left a message saying that they intend to return...

Jun 09 2022

Optimism Sent 20M OP Tokens to Unsynced Address, Resulting in $35M Loss

Ahead of the OP token launch, Ethereum Layer 2 scaling solution tried sending 20 million OP tokens to a leading crypto market maker Wintermute as a loan. Unfortunately, there was a problem with the transactions as the funds were sent to an unsynced Ethereum address, which means that the wallet’s balance couldn’t be confirmed by network validators.

Wintermute Makes Optimistic Assumption, Loses 20M Optimism Tokens

Jun 09 2022 Published at Crypto Briefing under tags  hack news optimism wintermute

The crypto market-making firm Wintermute has lost roughly $17.6 million worth of OP tokens belonging to the Optimism Foundation due to a severe wallet management error. Hacker Steals 20M OP...

Is Vitalik Buterin Behind The Recent $16 Mln Optimism (OP) Hack?

Jun 09 2022 Published at Coingape under tags  news optimism vitalik buterin

A hacker who stole 20 million Optimism (OP) tokens, has transferred 1 million OP to Ethereum founder Vitalik Buterin,...

Jun 08 2022

TrueFi lending protocol launches on Optimism

Jun 08 2022 Published at Coinscreed under tags  ethereum news optimism truefi

Protocol for unsecured lending TrueFi is the newest project to debut on Optimism, Ethereum's popular layer-2 scaling solution. TrueFi's lender community will benefit from a speedier and less expensive user experience, as well as exposure to a larger pool of retail lenders, by launching on Optimism. In a written statement, Rafael Cosman, co-founder of TrustToken, […] The post...

Jun 06 2022

ETH is the #1 Coin to Watch for the Week of June 6 – June 12, 2022

As there were no bigger moves on the cryptocurrency market last week, the sector is entering Week 23 with an almost unchanged total market capitalization of $1.28 trillion. Among the biggest gainers out of crypto Top 100 in the last 7 days are WAVES (+92%), HNT (+28%) and ADA (+20%). In total, 60 out of top 100 cryptocurrencies ended the week in the...

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