Optimism


Tech

Coinbase, in Uncharted Territory as Public Company Running Blockchain, Pledges Neutrality

The U.S. crypto exchange’s ‘Base Neutrality Principles’ are a series of guidelines aimed at maintaining a decentralized and neutral blockchain, according to a blog post.

Coinbase CEO Brian Armstrong (Coinbase)

Tech

Coinbase’s Chosen Blockchain Brand Sees Zero Threat from Zero Knowledge

Many Ethereum aficionados have predicted that the most promising layer-2 blockchains would be built not using the OP Stack’s “optimistic rollup” technology – favored by the U.S. crypto exchange Coinbase – but with a different setup known as “ZK rollups,” reliant on "zero-knowledge" cryptography.

OP Labs CEO Karl Floersch. (Optimism)

Finance

Crypto Lender Exactly Hit by $12M Bridge Exploit

The protocol becomes the latest in a long line of firms to be struck by a hack involving a cross-chain bridge.

Prime Protocol to eliminate need for cross-chain bridges (Charlie Green/Unsplash)

Markets

Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars

A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.

Base's daily active users soar (Dune)

Tech

Coinbase Exec: ‘There’s No Playbook’ for Public Company Launching Blockchain

As Coinbase, the big U.S. crypto exchange, plans to launch its new Base blockchain on Wednesday, CoinDesk interviewed Jesse Pollak, Coinbase's head of protocols, who’s leading the effort. Here’s an excerpted version.

Jesse Pollak, head of protocols at Coinbase (CoinDesk TV)

Videos

Coinbase's Layer 2 Blockchain 'Base' Opens to the Public on Aug. 9

Coinbase (COIN) announced that its layer-2 blockchain named Base will be open to the public next week. Built with Optimism's OP Stack, Base went live for developers in July for testing and users will be able to bridge their ether (ETH) to the blockchain on Thursday. "The Hash" panel weighs in on the new development at the crypto exchange.

Recent Videos

Tech

Coinbase Sets Public Launch of ‘Base’ Layer 2 Blockchain for Next Week

Users will be able to bridge their ETH starting Thursday, with the official launch of the main network on Aug. 9.

Coinbase CEO Brian Armstrong (CoinDesk)

Finance

Worldcoin Hype Causes Optimism to Leapfrog Arbitrum in Daily Transactions

Worldcoin's token has more than 250,000 holders just two days after it launched.

A user from GCR getting their iris scanned with a Worldcoin Orb in Paris on July 21. (Eliza Gkritsi/CoinDesk)

Finance

Optimism Tokens Worth $36M to Be Unlocked on Sunday; OP Slides 3.5%

Before the previous unlock, the token plunged more than 10% before recovering on the day.

Optimism token unlock schedule (token.unlocks.app)