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Optimism Foundation Executes $89 Million OP Private Token Transaction


The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s...

Breaking Down Dencun’s Potential to Slash Ethereum Costs


Ethereum’s major upgrade, “Dencun” is scheduled to drop on March 13, and, according to developers, it will immediately decrease gas fees on layer 2s by 75%. A new technological feature called proto-danksharding, aka blobs, is driving this impressive added scale. Proto-danksharding...

Bitcoin’s Layer-2 Ecosystem is Booming as Fourth Halving Approaches


Although many crypto experts rightly revere Bitcoin as the world’s most valuable blockchain, until relatively recently it could not be described as scalable.  The post Bitcoin’s Layer-2 Ecosystem is Booming as Fourth Halving Approaches appeared first on Cryptonews

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