DeFi Coinbase Launches Base: A New Era for Ethereum Layer-2 Networks Coinbase is launching a new Ethereum Layer 2 called Base using the technology powering Optimism.
DeFi Optimism Airdrops $30M in OP Tokens, Loses $148M in Market Cap Optimism airdropped $30M in OP tokens to 300k addresses. The market did not react well to the airdrop, and the OP token lost $148M in market cap.
DeFi Is Optimism a Good Investment? Probably Not Right Now Optimism's aggressive token issuance schedule makes it a tough investment, as it is expected to 10x its supply soon.
Weekly Newsletter 🤑 We All Get a Rug Pull! The word of the week is "rugpull", as SundaeSwap and CardStarter have a spat over allegedly stealing 150m tokens, and TIME rug pulling Terra LUNA.
Weekly Newsletter 🔥 Everything is on Fire Everything is on fire this week---MATIC is burning tokens making it deflationary, Cardano's first DEX reports it won't work, Russia is all in on FUD, and SecretNetwork is funded.
DeFi Burns So Good: MATIC is Deflationary Polygon (MATIC) is introducing their version of the Ethereum Hardfork (EIP-1559), which makes pricing more predictable and causes MATIC to become deflationary by burning tokens.
Weekly Newsletter 🍿 We're gonna need more Matt Damon This week crypto.com was hacked and user funds were lost, Binance rolled out Eth L2 support, Feds are signaling regulatory clarity is coming, and is Walmart selling NFT deoderant?
Arbitrum Binance Announces Support for Ethereum Layer 2 Protocol Arbitrum One Binance just announced support for Ethereum Layer 2 protocol Arbitrum One, allowing users to with draw directly to the L2 protocol, avoiding Ethereum gas fees entirely.
L2 Blockchain Services Firm StarkWare Raises at a $2B Valuation StarkWare, an Israeli blockchain services firm, announced it raised a Series C equity round at a $2 billion valuation.
Ethereum Name Service (ENS) This Week In Crypto MetaMask teases an airdrop, Coinbase launches a wallet, Metis Bridge and the Maker Wormhole are coming to ETH, and ENS had a large airdrop.
Metis Metis Bridge and the Maker Wormhole are Coming to Ethereum Optimistic Rollup Ethereum L2 Metis announced a $100 million fund. Maker announced the Wormhole, an oracle-driven bridge with low fees.