Sony is launching the first public testnet for its Optimism-based Soneium blockchain
Circle, Optimism, Alchemy, The Graph, Chainlink and the Astar Network will join as launch partners for Sony's new blockchain.
Keep up with what's happening in the crypto world in real-time.
Circle, Optimism, Alchemy, The Graph, Chainlink and the Astar Network will join as launch partners for Sony's new blockchain.
When you get a “GM” from Sota Watanabe, it doesn't mean “good morning.”
Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.
Story Highlights The live price of Optimism is . Optimism price could go as high as $3.85 by the end of 2024. With a potential surge, the OP price could reach a maximum of $30.25 by 2030. The transactional speed in the world of blockchain and finance is a critical indicator of success.
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
As the market gains more bullish momentum, Optimism (OP) investors become more enthusiastic after this week's price actions. According to CoinGecko, the token is up more than 24% since last week which is currently supported by the strong bullish sentiment present within the market.
Optimism current price action has caught the market's attention as bullish momentum builds, driving the price toward the pivotal $1.8 level. This upward drive could mark a potential turning point, challenging the prevailing downtrend that has kept the bulls in check for weeks.
Amid ongoing market volatility, the altcoin leader, Ethereum's price has reclaimed the $2,650 level with a jump of 2.11% in the past day. Following this, ETH-based altcoins have gained significant attention from the market. This has resulted in them breaking out of their important resistance levels.
Clearpool's Ozean chain on Optimism could significantly expand DeFi by integrating real-world assets, unlocking vast market potential. The post Clearpool unveils RWA yield chain built on Optimism appeared first on Crypto Briefing.
The undercollateralized lending marketplace Clearpool is working on Ozean — a Layer 2 blockchain that will be part of the Optimism ecosystem.
OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in the chain's fault-proof system. While some high-severity vulnerabilities were encountered during external audits, OP Labs stated that none had been exploited.
Polygon Labs CEO Marc Boiron argues that OP Stack chains will plug into the AggLayer.
OPLabsPBC revealed plans to upgrade the Optimism (OP) blockchain after security audits confirmed vulnerabilities within the mainnet. Code4rena, Spearbit, and Cantina audited the crypto project and found flows that could creep up the OP network in the Fault Proof System. Meanwhile, Optimism hasn't suffered from these vulnerabilities, and user assets remain safe.
The rollback to permissioned fraud proofs and upcoming hard fork highlight the ongoing challenges in achieving secure and decentralized blockchain systems. The post Optimism Foundation reverts to permissioned fraud proofs, announces hard fork appeared first on Crypto Briefing.
Two months after launch, Optimism chose to revert its permissionless fraud proof system in order to fix a number of security vulnerabilities.
Mofi, a protocol engineer at software development company OP Labs, hinted at a major upgrade on the Optimism mainnet. The proposed upgrade targets tackling a few security vulnerabilities discovered by Spearbit, Cantina and Code4rena during security audits.
Optimism announced on Monday a plan to create a native protocol layer solution that will solve the problem of liquidity fragmentation across its ecosystem of rollup chains, also referred to as the Superchain.
The launch of the spot ETH ETF was expected to be a positive development for Ethereum and Ethereum-based tokens. Furthermore, the entire crypto market was expected to experience a significant boost, but the outcome was quite different.
As the crypto market keeps shifting, investors are always on the lookout for the next big win. With the current bullish trend in full swing, there's a lot of potential for some major gains.
The value of OP, the token driving the leading Layer-2 (L2) network Optimism, has dropped 19% over the past month. As of press time, the altcoin is trading at $1.37.
Optimism developers plan to introduce interoperability across various Layer 2 chains in the ecosystem, including OP Mainnet, Zora and Base.
Optimism networks that are part of the Superchain rely on Ethereum to communicate with each other in order to move assets, which tends to make such moves slow and expensive. To address that, Optimism is releasing its own interoperability roadmap.
Losses mount for Optimism as the market suddenly flips from bullish to bearish, wiping significant gains made after it rebounded last week. According to CoinMarketCap, the token is down over 21% since last month, putting significant pressure on investors as the market continues with its choppy trading days.
Optimism (OP), the Layer-2 network built on Ethereum, has been unable to live up to its name. Its native token, OP, launched in May 2022 and offered market participants a glimmer of hope, especially with the significant airdrop distribution to early adopters.