Optimism

Axie Infinity, Optimism and Aptos are set for the most substantial token unlocks this month, releasing more than a combined $130 million.

Axie Infinity, Optimism and Aptos among over $200 million in October token unlocks

Optimism's native token OP has dropped over 10% in a week, the most among the largest cryptocurrencies, ahead of its unlocking date that will increase the token's supply.

Optimism Slumps Most Among Crypto Majors Ahead of $30M Token Unlock

Polygon

Celo, which is ditching its standalone blockchain in favor of a new "layer-2" network atop Ethereum, had originally signaled plans to rely on Optimism's OP Stack, a similar customizable kit to Polygon's but using Optimism's “optimistic” technology.

Polygon Emerges as Suitor for Celo's New Layer-2 Blockchain, Competing With OP Stack

The Optimism Foundation will conduct a private token sale, amounting to approximately 116 million (CRYPTO: OP) tokens. This move involves seven buyers and is primarily aimed at treasury management, the foundation said.

Optimism's Private Token Sale: A Boon For Treasury, Or A Sign Of Things To Come?

The foundation behind layer 2 blockchain Optimism has sold 116 million OP tokens ($157 million) to seven separate purchasers, according to an announcement on the Optimism governance website.

Optimism Foundation Sells $157M OP Tokens, Citing 'Treasury Management'

The organization said it entered into a private token sale split among seven purchasers, for treasury management purposes

Optimism selling $162 million in tokens, flags imminent transfer

Ethereum

Last week marked the one-year anniversary of Ethereum's historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators is mushrooming toward 1 million, introducing new concerns related to the sprawl.

The Protocol: Ethereum Struggles With Sprawl as Optimism Airdrops $27M

Optimism (CRYPTO: OP) has announced its latest community airdrop. The Layer 2 blockchain is distributing more than 19.4 million OP tokens, equivalent to $27 million, to its users.

Layer 2 Blockchain Optimism Airdrops $27M In OP Tokens: What Members Need To Know

Optimism airdrops 19,411,313 token worth $27 million.

Optimism Quietly Rolls Out Third Community Airdrop

Optimism announced its third OP airdrop on Monday, distributing a total of 19.4 million OP tokens across 31,870 addresses.

Optimism announces new $26 million airdrop to over 31,000 addresses

Optimism has announced that the remaining funds from its first airdrop will be distributed immediately to qualified addresses that have not yet claimed the airdrop.

Optimism Will Distribute Unclaimed OP From First Airdrop to Eligible Addresses

Eligible addresses who did not claim Optimism's Airdrop 1 will instead receive a direct distribution of the tokens.

Optimism to distribute unclaimed funds from first airdrop

The market caps of two leading Ethereum layer-2 tokens flipped during Monday's negative crypto price action.

Optimism Flips Arbitrum Market Cap Amid Crypto Market Downturn

Stablecoin issuer Circle deployed its dollar-backed stablecoin, USDC, on Layer 2 networks OP Mainnet and Base.

Circle deploys USDC on Layer 2 networks OP Mainnet and Base

Bitcoin

Chainlink

A widely followed crypto analyst says that one mid-cap altcoin could see a massive correction as whale transactions including the asset see a decline. Crypto trader Ali Martinez tells his 29,900 followers on the social media platform X that blockchain oracle provider Chainlink (LINK) could dip by as much as 50% from its current price.

Trader Says Ethereum-Based Altcoin Could Crash by Up to 50%, Updates Outlook on Bitcoin (BTC) and Optimism (OP)

ApeCoin

Optimism, ApeCoin and Aptos are set for the most significant token unlocks in September, worth more than a combined $100 million.

ApeCoin, Aptos and Optimism set for $100 million in token unlocks this month

Prithvi Subburaj, a former general manager at Google, has been appointed as the chief operating officer of OP Labs.

OP Labs hires former Google exec as chief operating officer

Optimism Foundation is proposing to grant Coinbase-backed Base 118 million OP tokens over a span of six years.

Base set to receive 118M OP tokens over six years in governance agreement

Coinbase-incubated Base has unveiled a plan to move its network to a decentralized model, focusing on several technical updates.

Coinbase outlines decentralization plan for Base with fault proofs and OP client diversity

An Optimism-based (OP) decentralized credit market protocol has been hacked to the tune of millions of dollars worth of Ethereum (ETH). According to the security department of web3 protocol De.Fi, bad actors have stolen about $7.2 million worth of the leading smart contract platform by exploiting Exactly (EXA), an open-source credit market project.

Hacker Exploits Optimism-Based Decentralized Credit Market for $7,200,000 Worth of Ethereum (ETH)

Exactly, a credit market on the Optimism network, was hacked on Friday as thieves exploited its bridge to swipe a stash of ETH.

Another Crypto Bridge Collapses as DeFi Lender on Optimism Suffers $7 Million Attack

DeBank plans to launch a social media platform, DeBank Stream, by leveraging the 200,000-plus users on its chat app DeBank Hi.

Ethereum DeFi Dashboard DeBank Launches Layer-2 on Optimism's OP Stack

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

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

Hundreds of millions of dollars worth of Ethereum (ETH) and other crypto assets have been moved to Coinbase's new layer-2 scaling solution Base just hours after its launch.

Over $160,000,000 in Ethereum and Other Crypto Assets Moved to Coinbase's Layer-2 Solution Hours After Launch

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

News for Optimism Crypto (OP)