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Ad Layer-2 network Optimism airdropped 11.7 million tokens to over 300,000 wallets on Feb. 9, increasing its OP token circulating supply to 234.74 million. Following the news, the OP token fell by 13% in the last 24 hours to $2.33 as of press time, according to CryptoSlate data. OP is one of the best-performing digital assets…
Layer 2 (L2) network Optimism (OP) transaction volume has declined by over 70% to 200,000 from an all-time high (ATH) of 800,000, according to Etherscan data. Meanwhile, despite the steep decline in its transaction volume, Optimism’s OP printed a $2.49 ATH on Jan. 25, according to CryptoSlate data. Optimism’s transaction volume falls Binance research pointed out…
Blockchain analytics firm Messari released a report alleging that the growth of Ethereum Layer2 network Optimism (OP) is inorganic, There is evidence that @OptimismFND‘s growth is inorganic. Optimism’s transacting addresses grew sharply from ecosystem incentives but fell off in recent weeks. @Arbitrum has managed consistent active user metrics without offering any incentives for network usage….
Optimism’s (OP) token shed over 9% of its value in the last 24 hours after the team made an unannounced transfer of $450 million worth of the tokens from its multi-signature wallet. We’re seeing some confusion about recent transfers of OP out of a multisig. This is expected—today we executed a series of planned standard…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Optimism hacker has confirmed they are a whitehat and asked the project developers to share a return address for the remaining tokens in their possession. The hacker stole 20 million OP tokens from Optimism by exploiting a failed transaction involving liquidity provider…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Optimism community member 0xJohn has submitted a proposal to prevent anyone who sold the initial Optimism airdrop tokens from participating in future airdrops. The proposal comes barely a day after the Ethereum scaling solution airdropped its governance tokens to early adopters….
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum layer-2 solution, Optimism, has airdropped its OP governance token to around 249,000 wallets in the early hours of June 1. Sup sleuths—as you might have guessed, OP Drop #1 launches today. We have NOT officially announced yet, but we’re already…
Ethereum Layer-2 solution Optimism has fixed a critical software bug in one of its smart contracts on Ethereum. On February 2nd, the Optimism team was alerted by Jay Freeman of a critical bug in Optimism’s fork of the Ethereum Geth client software. As per the Optimism announcement “Funds Are Safu.” The bug made it possible…