#OPTIMISM News

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Top 3 Cryptocurrencies To Buy For 5X Gains In Anticipation Of Ethereum ETF Approval

watcher.guru As the cryptocurrency market eagerly awaits the potential approval of an Ethereum Exchange-Traded Fund (ETF), investors are on the lookout for coins that could deliver…

Two Ethereum-Based Altcoins Witnessing Abrupt Surge in Whale Activity Amid Marketwide Bounce: Santiment

dailyhodl.com New data reveals crypto whale transactions are rising for two Ethereum (ETH)-based altcoins as the broader market rallies. According to market intelligence platform…

Flash News: OKX Wallet Now Integrated with Birdeye, a Leading Crypto Trading Data Aggregator

benzinga.com SINGAPORE, May 21, 2024 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for May 21, 2024. OKX today announced that its Web3 Wallet has now…

Cryptocurrency: Top 3 Coins To Buy Now In Anticipation of Ethereum ETF Approval

watcher.guru As the cryptocurrency market eagerly awaits the potential approval of an Ethereum Exchange-Traded Fund (ETF), investors are on the lookout for coins that could benefit from…

Superchain-based Mode Network Kicks Off Airdrop

thedefiant.io Mode, a Layer 2 network that leverages Optimism’s OP Stack, has launched its native MODE token with an airdrop for early adopters. In this initial stage, 500 million MODE…

Farcaster raises $150M led by Paradigm to expand decentralized social network

cryptobriefing.com Farcaster, a decentralized social media platform built on the Ethereum blockchain and Optimism’s layer-2 ecosystem, has raised $150 million in a funding round led by…

Ethereum-Based Twitter Rival Farcaster Raises $150 Million

decrypt.co Farcaster, the decentralized social media protocol, announced a $150 million Series A funding round on Tuesday, providing a major boost to the fast-growing network's…

Farcaster, a blockchain-based social media project built on Ethereum, raised $150M in a round led by Paradigm and says it has 350K paid sign-ups

coindesk.com Farcaster, a blockchain-based social-media project, has secured $150 million in a fundraising round led by Paradigm, with participation from a16z, Haun, USV, Variant and…

Ethereum Isn't 'Unified' Enough Amid Layer-2 Expansion, Says Vitalik Buterin

decrypt.co Vitalik Buterin, the prominent co-founder of Ethereum, took to Twitter (aka X) to call for better interoperability between Ethereum layer-2 networks, suggesting that the…

Decentralized Social Network Farcaster Raises $150 Million in a Series A Round

unchainedcrypto.com Decentralized social network Farcaster announced Tuesday that it has raised $150 million at a $1 billion valuation in a Series A round. Crypto investment firm Paradigm led…

Altcoin Market Cap Signals Inevitable Bull Run to All-time High Soon Led by Ethereum

coinpedia.org The post Altcoin Market Cap Signals Inevitable Bull Run to All-time High Soon Led by Ethereum appeared first on Coinpedia Fintech News The next two weeks will mark a major…

Who’s to Blame for the Underperformance of Low Float, High FDV Tokens?

unchainedcrypto.com This past weekend, a Binance report on tokens with high fully diluted valuations and low initial circulating supplies, also known as “low float, high FDV” coins got the…

Monster whale activity to watch for these 2 cryptocurrencies

finbold.com The cryptocurrency market has started this week dominated by a bullish sentiment, with most cryptocurrencies accruing gains. This recent price action has attracted the…

Here’s When Ethereum Price Will Hit New ATH While Altcoins Surging Nearly 70%

coinpedia.org The post Here’s When Ethereum Price Will Hit New ATH While Altcoins Surging Nearly 70% appeared first on Coinpedia Fintech News The next two weeks will mark a major turning…

Gala Games Hit by $23 Million Token Exploit Due to ‘Messed Up’ Internal Controls

cryptonews.com Gala Games, a prominent blockchain gaming platform, experienced a significant security breach that resulted in the unauthorized sale of 600 million GALA tokens, valued at…

Top Altcoins to Keep a Close Eye on Amid the Hype on Spot Ethereum (ETH) ETF Approval

coinpedia.org The post Top Altcoins to Keep a Close Eye on Amid the Hype on Spot Ethereum (ETH) ETF Approval appeared first on Coinpedia Fintech News After the United States Securities…

Analysts See 75% Chance of Spot Ethereum ETF Approval as SEC Signals Possible Shift

beincrypto.com Analysts have increased their odds of spot Ethereum exchange-traded fund (ETF) approval. This shift in sentiment comes amid renewed optimism about regulatory approval from…

Ethereum Soars 20%, Lifting Arbitrum and Optimism

decrypt.co Rumors of a potential approval of Ethereum spot ETFs have fueled a full day of gains for the Ethereum ecosystem, with the price of ETH skyrocketing 20% intraday to just shy…

Ethereum is too hard to use

blockworks.co Anyone else think Ethereum is difficult to use these days? Yeah, there’s a bunch of cool stuff on Ethereum — meme tokens, NFTs, DeFi, degens — it’s all there. But over the…

Web3, Blockchain, and Crypto Weekly Update: Major News, Market Trends, and Key Insights

coinpedia.org The post Web3, Blockchain, and Crypto Weekly Update: Major News, Market Trends, and Key Insights appeared first on Coinpedia Fintech News Welcome to your go-to source for…

Layer-3s are the future of scalability

blockworks.co As the blockchain ecosystem grows, so does the demand for flexible, customizable tech. Scalability is about making technology more accessible to Web3 builders and consumers.…

Crypto Hack Report This Week: Analyzing Recent DeFi Hacks and Security Breaches

coinpedia.org The post Crypto Hack Report This Week: Analyzing Recent DeFi Hacks and Security Breaches appeared first on Coinpedia Fintech News The last week saw a bunch of high-profile…

OP, TIA and BLP: Cryptocurrencies to Boost Your Portfolio in 2024

ambcrypto.com In 2024, smart investors are eyeing innovative cryptocurrencies that could strengthen their investment strategy. With a bull run already making waves, everyone seeks the…

Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher

newsbtc.com scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) 2024, with its native OP token surging 9% on the back of this bullish…

Sonne Finance Suffers $20 Million Exploit

thedefiant.io Sonne Finance, a DeFi money market based on Optimism, the second-largest Ethereum Layer 2 (L2) network, has been exploited to the tune of $20 million. A fork of Compound V2,…

5 Best Airdrop Practices All Crypto Protocols Should Follow

unchainedcrypto.com Airdrops as a way to reward and maintain early adopters of a crypto protocol remain a cornerstone of the crypto ecosystem. In the past five months, crypto projects such as…

ChainSwap: Unify Your Crypto Experience

watcher.guru The world of Web3 technology is ever-changing, and that is especially true when it comes to movement between blockchains. Indeed, the movement of assets across various…

Developer Ignites Firestorm, Claims Ethereum Layer-2s Operate As Unregistered MSBs

bitcoinist.com Ethereum is a legacy chain that has scaled over time to address the needs of the ever-demanding global user base. To relieve the mainnet of the deluge of transactions, more…

XRP, RNDR, OP, and BLP Expected to Lead Altcoin Gains if Bitcoin Reaches $70K

ambcrypto.com The crypto market is experiencing a surge, hinting at a bullish trend that could see Bitcoin hit a new high of $70,000. As investors watch closely, several alternative coins…

Overtime Markets lets sports bettors play as the house with over 100% gains for some

dlnews.com Sports bettors are finding a new home in crypto with Overtime Markets. Overtime Markets is a decentralised sports betting platform that allows users to bet on sporting…

CyberConnect Rebrands To Cyber And Releases the First L2 for Social on Mainnet!

beincrypto.com Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as…

Behind the $20 Million Sonne Finance Hack; Unveiling the Technical Details

coinpedia.org Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on…

Haun Ventures is riding the bitcoin high

techcrunch.com Blockchain startups were red-hot when Katie Haun left Andreessen Horowitz in 2021 to launch her own crypto-focused venture firm. But shortly after Haun announced that Haun…

Sonne Finance Suffers $20 Million Hack on Bankless

bankless.com Sonne Finance, a Compound fork on Optimism, saw its SONNE token plummet 55% after a hack drained $20M from the decentralized lending protocol. • Hack Details and Impact:…

At least $25M lost across three incidents in busy day for crypto hackers

protos.com Following a relatively quiet period, a trio of crypto hacks has hit the sector. Over the past 24 hours, lending platform Sonne Finance lost $20 million to a well-known…

Price Might Slip Below $2 Soon

beincrypto.com At the time of writing, optimism’s (OP) price is below the uptrend line that it has been above since mid-April. The altcoin is failing to find support from the rest of the…

Hundred Finance’s $7.4 million stolen last year starts to move

dlnews.com In April last year, a hacker exploited a bug in Optimism-based DeFi protocol Hundred Finance, making off with $7.4 million. After over a year of silence, the stolen funds…

Lending Protocol Sonne Finance Suffers $20M Attack on Optimism Blockchain

coinspeaker.com Coinspeaker Lending Protocol Sonne Finance Suffers $20M Attack on Optimism Blockchain Sonne Finance, a decentralized lending protocol suffered an attack on Wednesday that…

Sonne Finance Suffers $20M Exploit, Hacker Flees

cryptonews.com Lending protocol Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. On May 14, around 10:30 pm UTC, Web3 security…

DeFi protocols Sonne Finance and ALEX Lab lose over $24 million in separate hacks

cryptoslate.com At least two DeFi projects were targeted by significant exploits in the early hours of today, resulting in millions of dollars in losses. Sonne Finance exploited…

Sonne Finance Token Drops 60% After $20M Exploit on Optimism

coindesk.com None Sonne Finance's SONNE token plummeted 60% to 2.5 cents after a hack drained $20 million from the decentralized lending protocol. • None The exploiters used a "donation"…

DeFi Project Sonne Finance Exploited for $20 Million on Optimism

coinpedia.org The post DeFi Project Sonne Finance Exploited for $20 Million on Optimism appeared first on Coinpedia Fintech News A series of hacks has occurred. The latest victim was…

Sonne Finance and BlockTower Capital Hacked: Combined Losses Exceed $20 Million

beincrypto.com Sonne Finance, a decentralized liquidity market protocol operating on Optimism and Base, has been struck by a significant cyber attack. Blockchain security firm Cyvers…

$20 Million Exploited From Sonne Finance on Optimism

unchainedcrypto.com Sonne Finance, a decentralized non-custodial lending protocol on Optimism and Base, appears to have been exploited for at least $20 million, according to blockchain security…

Irthu Suresh: Using Blockchain Tech to Reduce Water Shortages

coindesk.com Irthu Suresh: We were trying to build solutions for climate change — primarily through water — as a Web2 company, but a private entity trying to build for the commons was…

Lens Network to migrate to zkSync

blockworks.co On-chain social network infrastructure Lens is getting a new home. The new Lens Network will build upon the work of the original Lens Protocol as one of zkSync’s ZK Stack…

Woman kicks mother-in-law out after she eats her pizza

newsweek.com How angry would you get if someone kept eating your food without asking? A Reddit post to the popular community "Am I the A******" has gone viral after a woman vented her…

Breaking down Ethereum rollups

cryptoslate.com Ethereum, the world’s second-largest blockchain network, persistently grappling with scalability issues due to its popularity and increased network congestion, has had the…

Woman accused of making son's wedding "all about me" backed online

newsweek.com Weddings can create harmony between two unknown families—but it doesn't always happen naturally. A post on Reddit by u/Brilliant_Muffin1405 has gone viral for igniting a…

Empire Newsletter: Not all ETFs buyers were created equal

blockworks.co Beating bitcoin ain’t easy Not all bitcoin ETF investors are built the same. It’s been four months since nine spot bitcoin ETFs hit US markets, alongside the conversion of…

Buying These Altcoins Now Is Like Buying Solana for $12

coinpedia.org The post Buying These Altcoins Now Is Like Buying Solana for $12 appeared first on Coinpedia Fintech News Imagine getting a rare chance to invest in a promising currency at…

Cryptos To Buy Under $10 That Can Make You Rich In 2024

coingape.com The ever dynamic industry of cryptocurrency can be intimidating for many. Thus, investing mindfully is the only way to understand this advent. Investing in Ethereum, Solana,…

Algorand just set the record for highest TPS for any Blockchain ever with 5,151 tx/s

chainspect.app Chainspect is a blockchain analytics platform focused on technical metrics for the most widely used blockchains. We track TPS, Max TPS, TTF, Block Time and Governance Model…

Two Vulnerabilities Caught in Optimism Testnet

thedefiant.io Developers caught two vulnerabilities in the testnet of Optimism, the second-largest Ethereum Layer 2 by assets. Members of Offchain Labs, the company building Ethereum…

Top Cryptos Optimism & Shiba Inu Price Looks Bullish In May While Crypto Presale Market Booms With BlockDAG

ambcrypto.com As the digital currency landscape evolves, discerning investors seek standout opportunities that promise more than just speculative gains. Shibarium’s upcoming hard fork and…

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