BNB Chain, the blockchain founded by the renowned exchange Binance, has taken a significant stride. It tackles the scalability challenge that has long plagued blockchain technology. In a recent launch, opBNB, a new layer-2 chain built on Optimism’s OP Stack, aims to transform scalability and affordability on the Binance Smart
KuCoin, a secure crypto exchange, is gearing up its layer-2 optimism network for the upcoming Bedrock upgrade. The update expected to boost scalability, security, and efficiency. 🚀🌐 Layer2 network Optimism is gearing up for the Bedrock Upgrade soon! 💡💎 Discover how this game-changing update boosts scalability, security, and efficiency for
On May 31, a significant event is set to happen in the Optimism (OP) ecosystem. More than 386 million OP tokens, equivalent to approximately $587 million, are scheduled to be unlocked. This unlocking marks the end of the initial vesting period for early contributors and investors. It has garnered attention
Chainlink Automation, a decentralized oracle solutions provider, successfully integrates with the Optimism network, marking a major milestone for DeFi. The partnership combines Chainlink’s tamper-proof data inputs with Optimism’s scalable Layer 2 technology, promising enhanced scalability, reduced costs, and increased security for DeFi applications, enabling complex functions with trust and confidence.
Optimism, an Ethereum-based layer 2 companion blockchain, is going to utilize the Ethereum Attestation Service (EAS). The Ethereum Attestation Service (EAS) is an on-chain attestation system. That enables users to assess the integrity of the platform’s users and vouch for whether anything transpired on the blockchain. The Ethereum Attestation Service
The trading volume of decentralized exchanges (DEXs) that function on the Solana network has rapidly decreased. Despite the Solana network having seen high levels of activity, there has been a decline in interest in its DEXs, as demonstrated by the network’s declining number of DEX transactions. And also there has
Many major coins have seen significant gains so far in 2023, which has been a great start for the cryptocurrency market. However, the crypto market has fallen off as we move into the week of March 6. Here are the cryptocurrencies to watch for this week. Synthetix (SNX) The ongoing
Ethereum layer-2 rollups Arbitrum and Optimism’s daily transactions have increased in recent months. Meanwhile, Ethereum (ETH Mainnet) is experiencing a minor downtrend. As per reports daily active users have lately increased on Arbitrum and Optimism. The optimistic rollups, Arbitrum and Optimism aim to lower the cost of transactions for the
The top 5 cryptocurrencies by price increase are OP, BTTOLD, XTZ, KLAY, GRT. In the last 24 hours, Optimism has increased by 27.34%. Let us examine the top 5 price gainer cryptos during the past 24 hours. Top price gainers of the past hour (Top 100 market cap) $GRT $KLAY
For Ethereum blockchain users, Ankr, a rapidly expanding supplier of Web3 infrastructure, is proud to announce that it is now an RPC (Remote Procedure Call) provider for Optimism, a lightning-fast, and inexpensive Layer-2 scaling solution. Ankr is now an RPC provider for 17 blockchains, including Ethereum, BNB Chain, Solana, and
