Category: Optimism

Bitcoin Derivatives See Record Highs, Year-End BTC Options Show 29% Chance Price Crosses $20K

Bitcoin Derivatives See Record Highs, Year-End BTC Options Show 29% Chance Price Crosses $20K

As the crypto economy sets its sights on half of a trillion in USD value, digital currency derivatives markets are swelling significantly. Bitcoin futures have surpassed a six-month high at $52 billion, while the crypto asset’s options markets have jumped massively too. Additionally, bitcoin options markets indicate that traders wager there’s a 29% chance the […]

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Coinbase Wallet will support Optimism’s Layer 2 testnet

Coinbase Wallet will support Optimism’s Layer 2 testnet

Coinbase’s non-custodial wallet service will today begin offering support for Ethereum scaling project Optimistic Ethereum’s testnet, according to an announcement by Optimism, the startup behind the project. It’s the first tie-up between a popular wallet service and an Ethereum “Layer 2” project based on a technology called Optimistic Rollup.  Optimistic Rollup is a scaling approach […]

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Moving into the age of ‘Optimistic Ethereum’

Moving into the age of ‘Optimistic Ethereum’

Quick Take Optimistic Rollups are a Layer 2 scaling solution that derive their security from an underlying blockchain (Ethereum) ORs are most notably being developed by Optimism, formerly known as Plasma Group. In January, the team raised $3.5 million from Paradigm and IDEO CoLab Ventures Synthetix is the first project to trial on the Optimistic […]

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