OP

Hacker Exploits Optimism-Based Decentralized Credit Market for $7,200,000 Worth of Ethereum (ETH)

August 19, 2023 The Daily Hodl

Altcoins

An Optimism-based (OP) decentralized credit market protocol has been hacked to the tune of millions of dollars worth of Ethereum (ETH). According to the security department of web3 protocol De.Fi, bad actors have stolen about $7.2 million worth of the leading smart contract platform by exploiting Exactly (EXA), an open-source credit market project. “After a […]

The post Hacker Exploits Optimism-Based Decentralized Credit Market for $7,200,000 Worth of Ethereum (ETH) appeared first on The Daily Hodl.

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Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain

Over $160,000,000 in Ethereum and Other Crypto Assets Moved to Coinbase’s Layer-2 Solution Hours After Launch

August 10, 2023 The Daily Hodl

Altcoins

Hundreds of millions of dollars worth of Ethereum (ETH) and other crypto assets have been moved to Coinbase’s new layer-2 scaling solution Base just hours after its launch. New data from Dune Analytics reveals that about $163 million has been moved to the bridge, which is powered by the blockchain-scaling solution Optimism (OP) since it […]

The post Over $160,000,000 in Ethereum and Other Crypto Assets Moved to Coinbase’s Layer-2 Solution Hours After Launch appeared first on The Daily Hodl.

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Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain

Ethereum Layer-2s Winning Adoption War With Bitcoin’s Lightning Network: Coinbase CEO Brian Armstrong

August 9, 2023 The Daily Hodl

Altcoins

Coinbase CEO Brian Armstrong says that the scaling solutions for Ethereum (ETH) have a better adoption rate than Bitcoin’s (BTC) Lightning Network. In a recent earnings call, Armstrong says that Ethereum’s scaling solutions, such as Polygon (MATIC), Optimism (OP) and Arbitrum (ARB), are seeing heavy adoption. “We’ve been taking a fresh look at it [Lightning […]

The post Ethereum Layer-2s Winning Adoption War With Bitcoin’s Lightning Network: Coinbase CEO Brian Armstrong appeared first on The Daily Hodl.

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Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain

Decentralized Exchange Uniswap (UNI) Now Operating on Coinbase-Backed Layer-2 Base

August 8, 2023 The Daily Hodl

BASE

Leading decentralized exchange (DEX) Uniswap has been deployed on Base, the new Ethereum layer-2 built by US crypto giant Coinbase. Base is powered by the blockchain-scaling solution Optimism (OP), and its testnet first launched in February of this year. Announcing the launch of Base support on X, Uniswap Labs says that users can now execute […]

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Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain

Coinbase Releases Bridge for Its Ethereum Layer-2 Solution, Sets Launch Date for the Mainnet

August 3, 2023 The Daily Hodl

BASE

Top US-based crypto exchange platform Coinbase is announcing the launch of a bridge for its Ethereum (ETH) layer-2 scaling solution. The project, called Base, is powered by the blockchain-scaling solution Optimism (OP) and is also slated to launch its mainnet on August 9th. To help kick off the launch of the bridge, Base is throwing […]

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Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain

Optimism Outpaces Arbitrum in Daily Transaction for First Time Since January Amid Worldcoin Rollout

July 29, 2023 The Daily Hodl

Altcoins

Optimism (OP) outpaced Arbitrum (ARB) in terms of daily transaction count this week, which is the first time the project has beaten out its rival Ethereum (ETH) scaling solution in that metric since January. The Optimism network surged to a high of nearly 945,000 daily transactions on Thursday, likely driven by this week’s launch of […]

The post Optimism Outpaces Arbitrum in Daily Transaction for First Time Since January Amid Worldcoin Rollout appeared first on The Daily Hodl.

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Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain

Chainlink (LINK) Witnesses Surge in Whale Transactions and Trading Volume, Says Crypto Analytics Firm Santiment

July 22, 2023 The Daily Hodl

Altcoins

Chainlink (LINK) witnessed a price jump of nearly 19% on Thursday as the blockchain oracle rolls out a new protocol combined with upticks in whale transactions and trading volume. LINK’s new Cross-Chain Interoperability Protocol (CCIP) launched its “Mainnet Early Access phase” on the Ethereum (ETH), Optimism (OP), Polygon (MATIC) and Avalanche (AVAX) blockchains earlier this […]

The post Chainlink (LINK) Witnesses Surge in Whale Transactions and Trading Volume, Says Crypto Analytics Firm Santiment appeared first on The Daily Hodl.

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Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain

New Coinbase-Incubated Layer-2 Network Opens Up Mainnet for Builders

July 14, 2023 The Daily Hodl

Altcoins

An Ethereum (ETH) layer-2 chain incubated by Coinbase has just opened up its mainnet for builders ahead of a general launch in early August. The project, known as Base, notes in a press release that this new phase will enable builders to deploy their products on the chain and receive hands-on support from the development […]

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Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain

Project Incubated by Coinbase Gears Up for Launch of Ethereum Layer-2 Mainnet

July 4, 2023 The Daily Hodl

Altcoins

A project supported by the US-based crypto exchange Coinbase says that its Ethereum (ETH) layer-2 protocol is on the cusp of launching its mainnet. The project, known as Base, says it has recently completed internal and external security audits, which means it has now fulfilled four out of the five criteria it set out for […]

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Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain

Altcoin Cleansing Underway As PEPE Memecoin Signals Market Cycle Top, According to Analyst Nicholas Merten

May 16, 2023 The Daily Hodl

Altcoins

A widely followed crypto analyst is predicting that the altcoin market cap will decline dramatically as memecoin Pepe (PEPE) plummets. In a new DataDash update, crypto analyst Nicholas Merten tells his 511,000 YouTube subscribers that the altcoin market currently lacks any new catalyst that would attract more liquidity, setting the stage for a fall from […]

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Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain