Optimism News

Coinbase’s layer-2 network Base is set to launch the fault-proof system, allowing users to independently confirm the validity of withdrawals. Ethereum-based network Base will integrate Optimism‘s fault-proof system — also known as fraud proofs — on Oct. 30, enabling users…

Ethereum L2 network for the NFT industry, Mint Blockchain received a grant of 750,000 OP tokens ($1.35 million) from Optimism Governance in the 28th cycle of Optimism Grants. On Oct. 15, Mint Blockchain announced in an X post that Optimism(OP)…

Founder of DeFi Report, Michael Nadeau, concluded that Uniswap’s upcoming layer 2 solution, Unichain, could bring in more value for Uniswap Labs and its token holders. In an Oct. 14 X post, Michael Nadeau, the founder of DeFi Report, stated…

Decentralized exchange Uniswap has entered the layer-2 solution landscape with its new initiative to “accelerate Ethereum’s scaling roadmap.” Uniswap, one of the largest decentralized exchanges by trading volume, has unveiled Unichain, a new open-source Ethereum-based layer-2 network designed to enhance…

WalletConnect has unveiled its native token, named Connect Token, as part of its rebranding efforts. WalletConnect, known for its connectivity protocol for decentralized applications, has announced a major rebranding and the introduction of its native token, Connect Token (WCT) in…

Succinct Labs and OP Labs have collaborated on a zero-knowledge proofs solution that significantly improves transaction finality and gas costs compared to optimistic rollups. On Sept. 11, Succinct Labs announced its partnership with OP Labs, a startup contributing to the…

The recent price drop in the Optimism price has helped a strong buy signal resurface with long-term holders at record low levels. Optimism (OP) plunged by 9.6% in the past 24 hours and is trading at $1.33 at the time…

The Lisk community will soon have to decide whether it should burn 100 million LSK tokens as its first major vote for a newly-formed decentralized organization. Starting September 27, the Lisk community will have seven days to vote on whether…

Sources report that Andreessen Horowitz has invested nearly $90 million in Optimism's OP token, affirming its commitment to the Ethereum layer 2 solution.

cLabs, the leading developer of the Celo blockchain, has announced plans to transition its network to an Ethereum Layer 2 solution using the OP Stack.

Worldcoin, an identification platform using iris-scanning, plans to launch World Chain this summer using Optimism's OP Stack.

Anthony Pompliano teams up with ex-TechCrunch reporter to launch a new startup aimed at “helping blockchains better communicate with their developers.” American entrepreneur Anthony Pompliano announced a new venture in an X post on Apr. 9 aimed at addressing the…

Web3 social network UXLINK revealed that it has raised $9 million in a funding round supported by private crypto and publicly listed companies. Singapore-headquartered web3 social startup UXLINK has attracted $9 million in capital from a group of investors as…

With most smart contracts no longer deployed on Ethereum, analysts expect the Dencun upgrade to further boost this trend as layer-2 solutions improve. Ethereum is quickly losing its status as the top hub for deploying smart contracts amid growing competition…

Optimism Foundation decided to sell 19.5 million OP tokens, which are part of its ‘original working budget of 30% of the initial OP token supply.’ Optimism Foundation, a non-profit organization that oversees the development of ecosystem projects and infrastructure, revealed…

A snapshot vote on a new Uniswap proposal is scheduled for Mar. 1, with on-chain voting set to commence on March 8.