Optimism


Tech

Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust

The attestation service will allow any Optimism user to create digital sign-offs on all kinds of information involving the blockchain’s activities and users.

digital identity ID

Tech

How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape

Token airdrops – and the prospect of them – have become the default customer acquisition strategy for Ethereum's layer 2 scaling projects. But is this strategy sustainable?

Layer 2s with native tokens and blockchain bridges might introduce more problems than they fix as blockchain scaling solutions, Trust Machine's Rena Shah argues. (Creative Commons, modified by CoinDesk)

Markets

Optimism’s OP Token Jumps Ahead of a16z Project Announcement

Traders anticipated Andreessen Horowitz's plans to build a scaling product on top of Optimism.

OP's price chart (Trading View)

Tech

A16z Says It's Working on an Optimism-Based Rollup Client Called Magi

The news comes a day after the firm teased a potential blockchain announcement by tweeting an orange dot.

Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California (Haotian Zheng/Unsplash)

Finance

A Mysterious A16z Tweet Sparked a Rally in Crypto Project Optimism's OP Token

The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.”

Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California (Haotian Zheng/Unsplash)

Videos

Real 'Shapella' Winners Likely to Be Layer 2s: Runa Digital Assets COO

Investors are eyeing the price of ether (ETH) ahead of Ethereum's Shapella upgrade expected on April 12. Runa Digital Assets chief operating officer Max Williams argues that the real winners from this upgrade are likely to be Layer 2s like Arbitrum and Optimism.

Recent Videos

Videos

Ether Hovers Around $1.9K Ahead of ‘Shapella’ Upgrade

The interest in ether trading comes ahead of Shapella, a portmanteau of Shanghai and Capella, two major Ethereum network upgrades expected to occur simultaneously on April 12. Shapella will allow investors to withdraw their ether staked on the Ethereum blockchain. Runa Digital Assets Chief Operating Officer Max Williams discusses what to expect from Shapella, sharing insights into ether's supply since the Merge, ETH staking yield outlook, and Layer 2s like Arbitrum and Optimism.

Recent Videos

Finance

Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign

The protocol generated more than $730,000 in fees on Thursday ahead of the start of its allocation of 200,000 OP tokens per week to traders.

Bitcoin jumped over $58,000 on Thursday amid a rally in U.S. tech stocks. (Denny Luan/Unsplash)

Videos

Interest in DeFi Sector Rises Due in Part to Arbitrum Popularity: DappRadar

A new report from DappRadar shows the total value locked in DeFi rounded out the first quarter with over $83 billion, thanks in part to the rise in interest of scaling solutions like Arbitrum, Fantom, and Optimism. That's an increase of nearly 38% from the previous quarter. DappRadar Head of Research and Analytics Pedro Herrera breaks down the details of what happened in the first quarter as jitters swirling around the U.S. banking sector remain.

Recent Videos

Finance

Paradigm Leads $7M Round for Optimism-Based Startup Conduit

The newly announced startup will help developers launch Optimism-based applications.

Conduit founder Andrew Huang raises $7 million in Paradigm-led round (Conduit)