Optimism

Optimism (OP) surges after Binance announced upgrade and hard fork support

December 29, 2024 1 min read

The native token of the Optimism layer-2 blockchain network has seen a rise in value due to good news in the community. Binance, the biggest cryptocurrency exchange in the world by trading volume, announced its support for Optimism’s network upgrade and hard fork set for January 9, 2025, at 18:00 UTC. This announcement was a key reason for the increase. Binance announced that it will pause deposits and withdrawals of

Optimism (OP) fixes major testnet flaws after a tip from rival Offchain Labs

April 28, 2024 1 min read

After Offchain Labs identified severe security vulnerabilities on its testnet a few weeks ago, Optimism (OP) promptly addressed and resolved them. The aforementioned flaws, which were discussed on April 25th, enabled attackers to modify the records of network activity and carry out intricate assaults. Offchain Labs notified Optimism on March 22 with two significant flaws with the OP Stack fraud-proof technology. Adversaries may have manipulated the chain history by introducing

Over 24 million Optimism (OP) tokens worth over $81 million to be unlocked next week

January 29, 2024 1 min read

Optimism, the Ethereum layer 2 scaling solution, is about to unlock around $81 million in OP tokens on January 29, 2024, according to Token Unlocks data. Token lock-ups are common in the crypto space, where a portion of the token supply is held back and gradually released over time. This strategy aims to keep early investors and insiders from flooding the market with a large number of tokens right after