USD Coin officially expands to Base and Optimism networks
Circle’s USDC is now available natively on Base and Optimism, and Coinbase accounts can transfer the stablecoin to Base for the first time.
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Base, Optimism unveil shared governance and revenue-sharing framework
The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council’ will be formed as the ecosystem grows.
Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M
Even altcoins slumped, with only Ripple and Cardano registering inflows.
Optimism transaction volumes surpass Abitrum’s for the first time in six months
Optimism lost the top spot to Arbitrum in January, after the end of its season one “quest," but has regained it after Worldcoin launched on July 25.
DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455k
A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia's Ethereum (darcWETH) and Optimism (darcUSDC) vaults collectively.
Optimism network transactions surged 67% following Bedrock upgrade — Nansen
The Optimism layer-2 network saw less than 300,000 transactions per day around the time of the upgrade, but this number increased to over 500,000 afterward.
Blackrock’s spot Bitcoin ETF renews optimism, sparks wave of new filings
Investment managers WisdomTree and Invesco have filed for spot Bitcoin ETFs, hot on the heels of BlackRock.
Binance's BNB Chain introduces layer-2 testnet powered by Optimism
The Binance-founded blockchain has introduced a new layer-2 chain opBNB, though some suggest there are other ways to scale the network.
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to spin up their own networks using the software.
Hundred Finance loses $7 million in Optimism hack
The attacker reportedly manipulated the exchange rate between ERC-20 tokens and hTOKENS to steal over $7 million from the protocol.