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.
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.
Adoption This Week In Crypto Last weeks crypto news including new DeFi ecosystems, GameStop's rumored partnership with Loopring, and Reddit bringing web3 to 500M users.
Ethereum (ETH) Ethereum Leads All Blockchains in Block Sales Ethereum blocks are worth the most. Low-fee networks like Solana struggle to generate significant fee income.