Optimism News

Sources report that Andreessen Horowitz has invested nearly $90 million in Optimism's OP token, affirming its commitment to the Ethereum layer 2 solution.

cLabs, the leading developer of the Celo blockchain, has announced plans to transition its network to an Ethereum Layer 2 solution using the OP Stack.

Worldcoin, an identification platform using iris-scanning, plans to launch World Chain this summer using Optimism's OP Stack.

Anthony Pompliano teams up with ex-TechCrunch reporter to launch a new startup aimed at “helping blockchains better communicate with their developers.” American entrepreneur Anthony Pompliano announced a new venture in an X post on Apr. 9 aimed at addressing the…

Web3 social network UXLINK revealed that it has raised $9 million in a funding round supported by private crypto and publicly listed companies. Singapore-headquartered web3 social startup UXLINK has attracted $9 million in capital from a group of investors as…

With most smart contracts no longer deployed on Ethereum, analysts expect the Dencun upgrade to further boost this trend as layer-2 solutions improve. Ethereum is quickly losing its status as the top hub for deploying smart contracts amid growing competition…

Optimism Foundation decided to sell 19.5 million OP tokens, which are part of its ‘original working budget of 30% of the initial OP token supply.’ Optimism Foundation, a non-profit organization that oversees the development of ecosystem projects and infrastructure, revealed…

A snapshot vote on a new Uniswap proposal is scheduled for Mar. 1, with on-chain voting set to commence on March 8.

Layer 2 network Optimism unveiled its fourth airdrop, targeting web3 artists with a generous distribution of over 10 million OP tokens, valued at approximately $40.8 million.

Prices of some mega-cap altcoins, including Optimism (OP) and Kaspa (KAS), are on the verge of new all-time highs thanks to heightened institutional interest in the cryptocurrency sector.

Analysts at Scam Sniffer say bad actors stole $55 million worth of crypto and created over 11,000 phishing websites in January alone. In an X thread on Feb. 9, Scam Sniffer revealed a trend observed in January, noting a rise…

Ethereum core developer Eric Conner says the network’s mainnet in the long term will not serve as the platform where daily users would want to transact tokens. In a recent thread on X, Eric Conner, an Ethereum core developer, discussed…

Flipsides say the ongoing demand for economical alternatives to Ethereum, will drive more layer-2 projects to prioritize reducing end-user costs this year. Ethereum is set to confront heightened competition in the blockchain space in 2024, driven by the persistent demand…

Optimism (OP) price action in the days ahead could be significantly impacted by movements in the derivatives markets.

The total value of locked assets (TVL) in Ethereum (ETH) second-layer networks has exceeded $20 billion. According to the L2beat platform, on Jan. 5 the TVL briefly exceeded $21 billion, eventually to falling to $20.41 billion at the time of…

An all-time record for Total value locked (TVL) was recently set on the Arbitrum One platform. According to the L2Beat platform, the growth in the last 24 hours was 15%, and TVL of Arbitrum, a Layer 2 solution for the…