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Sonne Finance Token Drops 60% After $20M Exploit on Optimism
15.5.2024
Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected
$20M exploit cripples Sonne Finance, hacker in no mood for negotiation
15.5.2024
Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. Efforts to recover the funds are ongoing
Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
15.5.2024
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne...
Bitcoin (BTC) holds optimism despite a downtrend
13.5.2024
Bitcoin (BTC) is fairly away from its recent ATH of ~$74,000. However, optimism is more than obvious within the crypto ecosystem. This is based on two technical indicators, namely MVRV Z-Score and Fear & Greed Index. The former showcases the value of 1.87, while the latter rides a Greed...
Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain
10.5.2024
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure
Optimism streamlines L3 onboarding with gas tokens and plasma mode
9.5.2024
To facilitate the integration of Layer 3 developers into its Superchain network, Optimism will shortly introduce two innovative features: customized gas tokens and plasma mode. The implementation of the newly added features will streamline the registration process for L3s utilizing the OP Stack...
Optimism Stack Update: OP to Support Layer Three With Funding, Features, and Revenue Sharing
9.5.2024
Ethereum scaling solution provider Optimism announced plans to enhance blockchain throughput by integrating Layer three applications on top of its OP Stack, aiming to foster a Superchain network where Layer threes can build and share revenue with the Optimism Collective. The OP Stack, an open...
Optimism to roll out new Superchain features for layer-3 devs
9.5.2024
The layer-2 Ethereum scaling provider wants to onboard developers to build layer-3 DApps on its Superchain
Is Floki Going to Zero? FLOKI Price Drops 0.8%, Investors Stack This New GambleFi Token
6.5.2024
The Floki Inu (FLOKI) price is under pressure on Monday as weekend optimism in the crypto market succumbs to caution, with investors instead staking an exciting new GambleFi token called Mega Dice (DICE).
The post Is Floki Going to Zero? FLOKI Price Drops 0.8%, Investors Stack This New GambleFi...
Vested crypto tokens worth over $3B to be unlocked in May
3.5.2024
Sui, Pyth Network, Avalanche, Arbitrum and Aptos are set to release vested crypto tokens in May, according to data tracker Token Unlocks
Best Crypto to Buy Today, May 2 – Pepe, dogwifhat, Optimism
2.5.2024
As the market recovers by 2.5% in the past 24 hours, we run through the best crypto to buy today, covering Pepe (PEPE), dogwifhat (WIF) and Optimism (OP).
The post Best Crypto to Buy Today, May 2 – Pepe, dogwifhat, Optimism appeared first on Cryptonews
Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
2.5.2024
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services
Best Crypto to Buy Today April 30 – Wormhole, Optimism, Axelar
2.5.2024
As traders digest the implications of the latest Fed policy announcement and what it means for the outlook for Fed rate cuts later this year, traders are hunting for opportunities in the altcoin market and weighing up what might be the best crypto to buy today.
The post Best Crypto to Buy Today...
Is Optimism Going to Zero? OP Price Drops 4%, While Experts Are Stocking Up On This New GambleFi Token
30.4.2024
The native token for Ethereum Layer 2 scaling solution Optimism (OP) has fallen 4% in the last 24 hours amidst a market-wide pullback that has hit Layer 2 tokens the hardest. Optimism currently trades at a price of $2.39. This is down about 1% in the last hour. It also represents a 3.7% dip both...
Bitcoin Price Prediction as BTC Climbs to $64,226 Amidst Positive Market Trends – Time to Buy
26.4.2024
Amid rising market optimism, Bitcoin's resilience shines with a $1.25 trillion market cap, despite a minor pullback to $64,226—Is it time to buy
The post Bitcoin Price Prediction as BTC Climbs to $64,226 Amidst Positive Market Trends – Time to Buy appeared first on Cryptonews
Will A Stablecoin Bill Really Be Passed Before The U.S. Presidential Election? The DGC Policy Officer Cody Carbone Weighs In
25.4.2024
Between Representatives Cynthia Lummis and Kirsten Gillibrand’s new stablecoin bill and Congresswoman Maxine Waters’ renewed optimism in stablecoin legislation, will a new law regulating the cryptocurrencies be enacted anytime soon? The Digital Chamber's Chief Policy Officer, Cody Carbone, weighs...
Avail Data Availability Integrated by Arbitrum, Optimism, Polygon, StarkWare, ZkSync
25.4.2024
The chains' users will be able to opt in or out to use Avail for data availability, to stash the reams of data produced for all their transactions taking place
The Protocol: Analyzing Runes Impact as Bitcoin Fee Bonanza Fades
24.4.2024
Celo proposes to choose Optimism as it transitions to L2
23.4.2024
cLabs recently announced choosing Optimism for its transition to L2. Both cLabs and Optmisim have confirmed their online collaboration. According to Optimism’s latest tweet, Celo will migrate to Layer 2 to build on the OP Stack. By developing on the OP Stack, Celo L2 can achieve...
OP, YGG Feeling Sell-Side Pressure as Unlocks Loom
23.4.2024
DYDX also has a large unlock scheduled but is not experiencing the same pricing pressure