Layer-2
Galaxy’s Alex Thorn calls Ethereum L2s ‘ETH extractive’ amid fee retention concerns
Galaxy Digital's Alex Thorn argued that post-EIP-4844 fee models favor L2 profits over Ethereum mainnet's financial health.
Gino Matos 2 min read
OP
Optimism news today
Insights on Optimism’s Layer-2 scaling, governance model, and Ethereum ecosystem integrations.
Optimism Price $0.11
Coverage footprint 0.2%
Top Optimism Stories
Analysis
Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC
Despite the proliferation of assets, value continues to concentrate in a few hundred coins at the top.
Layer-2
Kraken’s L2 network rolls out native INK token to power protocol incentives, allocation
Ink Foundation to unleash 1 billion INK tokens, steering decentralized finance through airdrop incentives.
Latest Optimism News & Analysis
Layer-2
Base becomes 10th L2 network to reach at least Stage 1 decentralization
The introduction of a Security Council and fault proofs granted the decentralization milestone to Base, according to a blog post.
Layer-2
Ethereum’s planned blob increases insufficient to sustain L2 transaction growth
A tenfold increase in transactions on Ethereum layer-2 blockchains could present prohibitive costs to users.
Banking
Bank of Canada assesses flash loans relevance in latest study
Although contagion risks are deemed plausible, the study recognizes flash loans' relevance for policymakers.
Crypto
Ethereum Foundation unveils interoperability framework to unify liquidity across EVM chains
The Open Intents Framework aims to seamlessly bridge the fragmented liquidity in the Ethereum ecosystem.
Memecoins
Memecoin returns were 6x higher than crypto market average over past 30 days
Meanwhile, tokens related to AI, social, and data availability narratives registered negative performances in the period.
Exchanges
Kraken announces layoff, appoints Tribe Capital co-founder as new co-CEO amid restructuring
The layoffs are a result of 'organizational changes' made by the exchange, in an effort to become 'leaner and faster.'
More Optimism News Headlines
Technology
Chainlink CCIP powers Lido’s new cross-chain staking on Arbitrum, Base, and Optimism
Deals
Optimism Foundation offered 25M OP tokens to attract Kraken’s L2 to the Superchain
Layer-2
Kraken eyes DeFi expansion with launch of Ink, its new Ethereum layer-2 network
Technology