Optimism

Arbitrum

In the ever-evolving world of blockchain technology, scalability has been one of the most significant challenges. As blockchain networks like Ethereum (ETH) continue to see exponential growth, layer-two solutions are emerging as a vital component in addressing issues of network congestion and high transaction fees.

The Emergence of Layer-Two Solutions – How They're Transforming Blockchain Scalability and Ushering In a New Era of Crypto Innovation

Bitcoin

Sushi Swap

dogwifhat

Over the past week, bitcoin has dipped 4.18%, while ethereum has tumbled over 13% against the U.S. dollar. To make matters worse, a bunch of other digital currencies have taken an even bigger beating, with some plummeting by 20% or more. A Week of Double-Digit Losses for Most On Saturday, Dec.

Market Madness: Bitcoin Dips, Most Meme Coins Tank, but Fartcoin Moonshots

Lido DAO

Crypto giant Grayscale has launched two new trusts that offer investors exposure to liquid staking service Lido DAO (LDO) and scaling solution Optimism (OP). The new trusts add to the crypto firm's more than 25 existing digital asset products.

Crypto Giant Grayscale Rolls Out New Trusts for Lido DAO (LDO) and Optimism (OP)

Ethereum

Grayscale has announced the launch of two new crypto investment vehicles, the Grayscale Lido DAO Trust, and the Grayscale Optimism Trust.

Grayscale launches Lido DAO and Optimism Trusts to expand Ethereum investment offerings

With Uniswap, World, Kraken, and Sony's Blockchain Labs all adopting Optimism technology, Optimism was a clear winner in the Ethereum scaling race this year.

Optimism's Jing Wang and the Widely Adopted OP Stack

A widely followed crypto analyst says that one Ethereum (ETH) layer-2 scaling solution appears to be a cusp of a rally that would see it print gains of over 200%.

Polygon Rival Primed To Explode by Over 200% in Weeks, According to Crypto Analyst Michaël van de Poppe

Dogecoin

A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) is poised to spark massive rallies, en route to astronomical fresh all-time high levels. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE appears to be trading in a large ascending channel on the weekly chart.

Analyst Outlines Massive Price Targets for Dogecoin, Predicts Parabolic Rally for Ethereum-Based Altcoin

Avalanche

Polygon

Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.

BlackRock Announces BUIDL Expansion Across Aptos, Arbitrum, Avalanche, Optimism and Polygon

The investment giant is bringing its real-world asset fund to Aptos, Arbitrum, Avalanche, Optimism's OP Mainnet and Polygon.

BlackRock Expands Tokenized Fund BUIDL Beyond Ethereum to Five New Blockchains

BUIDL currently leads the tokenized government securities market with $517 million in assets under management.

BlackRock's tokenized fund BUIDL expanding to Aptos, Arbitrum, Avalanche, Optimism and Polygon

Swell is transitioning to Optimism's Superchain ecosystem and developing an optimistic rollup on the OP Stack.

Swell switches to OP Stack to develop rollup, replacing earlier plan to use Polygon CDK

Crypto exchange Kraken announced last week that it will build a layer-2 network atop Optimism's OP Stack blockchain framework. CoinDesk is first to report that the deal was reached early this year, involving a grant of 25 million OP tokens, at the time worth roughly $100 million.

Optimism Foundation Agreed to Give Kraken $42.5M of OP Tokens in Layer-2 Deal

Chainlink

A widely followed crypto strategist believes that a decentralized oracle running on Ethereum (ETH) is gearing up for a big market reversal. Analyst Michaël van de Poppe tells his 733,600 followers on the social media platform X that he's bullish on Chainlink (LINK).

Trader Sees Incoming Breakout for Ethereum-Based Altcoin in Next Two Weeks, Updates Forecast on ETH and OP

Built using the OP Stack, Kraken's Ink follows the lead of rival crypto exchange Coinbase's launch of Base in 2023.

Kraken plans ‘Ink' Ethereum Layer 2 launch in 2025 built using the OP Stack

Kraken's launch follows the recent introduction of Coinbase's wrapped bitcoin asset, cbBTC, with both tokens competing against WBTC.

Kraken rolls out wrapped bitcoin alternative kBTC on Ethereum and OP Mainnet

Optimism launched its fifth airdrop, distributing 10.3 million OP tokens (worth $16 million) to 54,700 user addresses.

Optimism rolls out fifth airdrop, allocates 10.3 million OP tokens to 54,000 Superchain users

WalletConnect, a protocol that facilitates connections between crypto wallets and decentralized applications, is set to launch its native Connect Token (WCT) on Optimism's OP Mainnet.

WalletConnect Launches Native Token on Optimism Mainnet, Plans 185M Token Airdrop

Succinct Labs collaborated with OP Labs, the main contributor to the Optimism, a Layer 2 scaling solution for Ethereum.

Paradigm-backed startup Succinct and OP Labs aim to solve ZK rollups

Circle, Optimism, Alchemy, The Graph, Chainlink and the Astar Network will join as launch partners for Sony's new blockchain.

Sony is launching the first public testnet for its Optimism-based Soneium blockchain

Sony Block Solutions Labs, an initiative by Sony Group, recently introduced Soneium, an Ethereum layer two (L2) blockchain. Designed to seamlessly connect Web3 and Web2, Soneium promises enhanced scalability, efficiency, and a developer-friendly environment. The project's goal is to make blockchain technology more accessible by integrating it into mainstream applications.

Sony Block Solutions Labs Introduces Soneium, an Ethereum L2 Project

Electronics and entertainment titan Sony is developing a new Ethereum (ETH) layer-2 blockchain called “Soneium.” In a recent press release, Sony Group is announcing the development of Soneium as a means of further venturing into the world of web3.

Entertainment Giant Sony Group Develops New Ethereum (ETH) Layer-2 Solution ‘Soneium'

The undercollateralized lending marketplace Clearpool is working on Ozean — a Layer 2 blockchain that will be part of the Optimism ecosystem.

Clearpool develops Caldera-powered Layer 2 chain within Optimism ecosystem

OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in the chain's fault-proof system. While some high-severity vulnerabilities were encountered during external audits, OP Labs stated that none had been exploited.

Optimism Finds Vulnerabilities in Fault Proof System, Proposes Upgrade to Patch Them

Two months after launch, Optimism chose to revert its permissionless fraud proof system in order to fix a number of security vulnerabilities.

Optimism Foundation disables permissionless fraud proofs, plans hard fork following security audits

Optimism developers plan to introduce interoperability across various Layer 2 chains in the ecosystem, including OP Mainnet, Zora and Base.

News for Optimism Crypto (OP)