Optimism


Tech

Kraken Picked Optimism's 'Superchain' After Getting a Pile of OP Tokens

CoinDesk is first to report that the crypto exchange Kraken's decision to build on Optimism's OP Stack framework came with a big, previously undisclosed grant from the Optimism Foundation – of 25 million OP tokens, worth about $42.5 million at the current price.

Business deal. (Shutterstock)

Tech

Kraken Picks Optimism for New Layer-2 Network, Joining Coinbase's Base on 'Superchain'

The disclosure comes nearly a year after CoinDesk broke the news that Kraken was considering its own layer-2 network, following the runaway success enjoyed by Base after it launched in mid-2023.

Kraken co-founder Jesse Powell (CoinDesk)

Tech

Uniswap Developer Unveils Own Layer-2 Network, Unichain, Built on Optimism Tech

Uniswap Labs, developer of the top-ranked decentralized crypto exchange, Uniswap, says adding its own network will bring faster, cheaper transactions with more liquidity.

Uniswap Labs CEO Hayden Adams (Uniswap Labs)

Policy

Doors Open at Prometheum as Much-Disputed Firm Tests Crypto Tokens as Securities

The controversial company is open for custody of digital securities, adding Optimism and The Graph to its list, though most of the industry disagrees on securities labels for most tokens.

Aaron (pictured) and Benjamin Kaplan, Co-CEOs of Prometheum, are expanding their custody scope for crypto securities. (Suzanne Cordiero/Shutterstock/CoinDesk)

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Tech

Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain 'Soneium'

The new project, "Soneium" will be a layer-2 network atop the Ethereum blockchain, using technology from Optimism's OP Stack.

Sony Block Solutions Lab Director Sota Watanabe (Startale Labs)

Tech

Optimism Pushes for 'Interoperability' Between Affiliated Blockchains

Optimism-affiliated networks, including Coinbase's Base, that are part of the Superchain rely on Ethereum to communicate with each other in order to move assets, which tends to make such moves slow and expensive. To address that, Optimism is releasing its own interoperability roadmap.

Co-founder of OP Labs Mark Tyneway (OP Labs)

Tech

Sam Altman’s Layer-2 Blockchain Project, World Chain, Opens to Developers

This means that select developers can apply to build, test, and give feedback to Tools For Humanity, the developer firm behind Worldcoin, according to a press release shared with CoinDesk.

Worldcoin co-founders Alex Blania and Sam Altman (Marc Olivier/Worldcoin)

Tech

The Protocol: How Optimism Filled in Its Missing Tooth

In this week's newsletter, we delve into the Ethereum layer-2 network Optimism's delivery of "fault proofs," a piece of functionality that was glaringly missing even though it was at the heart of the project's security setup.

(Laura Cleffmann/Unsplash)

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Tech

Optimism Finally Gets Its Mission-Critical 'Fault Proofs'

For years, Optimism was missing a core feature at the heart of its design: "Fault proofs." On Monday, that tech is finally here.

OP Labs CEO Karl Floersch. (Optimism)

Tech

Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain

The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.

Celo Foundation President Rene Reinsberg (Celo)