Search
Coinbase’s Chosen Blockchain Brand Sees Zero Threat from Zero Knowledge
23.8.2023
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
Exactly Protocol Announces $700,000 Bounty For Information on Hacker
23.8.2023
Optimism-based Exactly Protocol that lost $7.3M million in a recent exploit is offering a bounty of $700,000 on any information that could lead to the arrest of the hacker and help recover lost funds.
The DeFi protocol revealed the cause of the exploit on August 19. The team behind Exactly...
XRP Value Plunges 39% Post-SEC Verdict: XRP Army Remains Optimistic Amid Market Turbulence
22.8.2023
It’s been 40 days since the U.S. court issued a partial verdict in the SEC’s case against Ripple. In that timeframe, the digital currency XRP’s value has slumped by a significant 39.43%. Despite SEC’s Interlocutory Appeal and 39% Downturn, XRP Enthusiasts Hold out for...
Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second
22.8.2023
Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism
Is It Too Late to Buy Optimism? OP Price Rallies Up 5% and Launchpad Can Find the Next Crypto to Explode
22.8.2023
As leading Ethereum layer-2 scaling solution Optimism (OP) enters 5th day of recovery rally, investors are asking is it too late to buy optimism - but significant resistance levels could mark end of upside moves - find out more in OP price analysis.
Optimism has rallied +5% since yesterday, as...
Base Network's Friend.tech App Leads in Activity, Surpassing Arbitrum and Optimism
22.8.2023
Base-based, Twitter-linked Friend.tech app has seen revenue, fees, and activity jump significantly since Friday - surpassing a number of large projects, Layers 2, and Layers 1.
Looking at the revenues at 9:20 on Tuesday morning (CET), over the past 24 hours, Friend.tech took the 3rd place with...
Best Crypto to Buy Now August 21 – Rollbit Coin, Monero, Optimism
21.8.2023
Bitcoin's daily relative strength index (RSI) has plunged below 20, reaching lows not seen since the March 2020 COVID-19 pandemic crash.
This significant oversold reading is sparking discussion about a potential price rebound.
With this in mind, what are the best cryptos to buy now?...
Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M
21.8.2023
Even altcoins slumped, with only Ripple and Cardano registering inflows
HBAR, OP, INJ and RUNE flash bull signals as Bitcoin price looks for stability
20.8.2023
Bitcoin is searching for stability in the $25,000 zone, meanwhile, HBAR, OP, INJ and RUNE price looked primed for further upside
Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
19.8.2023
One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation...
Worldcoin’s Turbulent Debut: Down 53% From Peak With 85% WLD Held in Just 6 Wallets
19.8.2023
In just over 25 days since its listing debut on July 24, 2023, the cryptocurrency known as worldcoin (WLD) has experienced a notable decline of 29% when measured against the U.S. dollar. Notably, within the last week alone, it saw a decrease of more than 11%. Interestingly, within the past...
DeFi Lender Exactly Protocol Exploited For $12 Million
18.8.2023
Optimism-based decentralized crypto lender Exactly Protocol suffered a bridge exploit as it lost as much as $12 million worth of ETH earlier today.
Blockchain security firm De.Fi reported that the hacker used an exploiter contract on Ethereum that transferred deposits to Optimism before ultimately...
Crypto Lender Exactly Hit by $12M Bridge Exploit
18.8.2023
Exactly Protocol, a decentralized credit market on the Optimism (OP) blockchain, has been targeted by a bridge exploit worth as much as $12 million
Optimism Token is Going to Zero as OP Price Falls 15% But XRP20 Just Surged Past $3 Million – How to Buy Early?
15.8.2023
Optimism (OP) is once again entering troubled waters as an attempt at consolidation above the 20DMA seems destined to fail, leading some disillusioned holders questioning whether Optimism Token is going to zero.
The precarious price drop comes following a strong month of recovery for Optimism...
Defi Market Rebounds: Value Locked Rises to Nearly $42 Billion, Token Market Swells
13.8.2023
On the verge of dipping below the $40 billion mark on August 2, the overall value locked in decentralized finance (defi) has made a comeback, rising to over $41 billion. Additionally, the defi crypto sector has swelled to $45.08 billion, reflecting a 6.17% rise in just a day. Defi Resurgence:...
Nigerian Association of Money Changers Calls for Banning of Binance
12.8.2023
The leader of Nigeria’s Association of currency exchangers has accused the crypto giant Binance of helping to worsen the local currency’s woes and asked authorities to consider banning the platform. The leader suggested that the optimism which ensued after Tinubu’s government floated...
Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space
11.8.2023
Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin....
Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars
11.8.2023
A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token
Why are XDC Network, Optimism, and Pomerdoge pumping after the market dip?
9.8.2023
Despite the recent market dip, XDC Network (XDC), Optimism (OP), and Pomerdoge (POMD) have sparked a price rally. Their values have surged in the past week, raising questions about the factors driving their positive momentum. Let us look at some possible reasons behind their bullish price movement....
Coinbase Exec: ‘There’s No Playbook’ for Public Company Launching Blockchain
9.8.2023
As Coinbase, the big U.S. crypto exchange, plans to launch its new Base blockchain on Wednesday, CoinDesk interviewed Jesse Pollak, who’s leading the effort. Here’s an excerpted version