With the US Federal Reserve cutting interest rates by 50 basis points on September 18, the crypto market is preparing for an upward thrust. However, a few top altcoins have already surged quite a bit in anticipation of the rate cuts.

WalletConnect, a protocol that facilitates connections between crypto wallets and decentralized applications, is set to launch its native Connect Token (WCT) on Optimism's OP Mainnet.

OP Succinct optimizes ZK rollups, reducing transaction times and costs on Ethereum. The collaboration between Succinct Labs and OP Labs aims to boost blockchain scalability.

Notcoin (NOT), Ontology (ONT), Optimism (OP), and Orbs (ORBS) are showing intriguing developments as the broader cryptocurrency market struggles to maintain a bullish trend after Bitcoin dropped below $60k.

Succinct Labs and OP Labs have collaborated on a zero-knowledge proofs solution that significantly improves transaction finality and gas costs compared to optimistic rollups. On Sept.

Succinct Labs collaborated with OP Labs, the main contributor to the Optimism, a Layer 2 scaling solution for Ethereum.

Bitcoin (BTC) briefly hit $58,000 early in today's session, but selling pressure forced the price back below $57,000. The world's largest cryptocurrency continues to face resistance at upper levels, causing bulls to lose momentum.

Ethereum (ETH) has faced significant challenges recently, grappling with bearish market trends that have left many investors uncertain. However, new developments in layer-2 solutions such as Optimism (OP) and emerging meme coin projects like Mpeppe (MPEPE) are offering some hope.

Bitcoin remains below $55,724 support, but the selling may be reducing, increasing the possibility of a relief rally in UNI, SUI, OP and HNT.

Binance announces support for the Optimism (OP) network upgrade and hard fork, suspending deposits and withdrawals temporarily.

With a channel breakout retest rally gaining momentum, the OP price action reveals a high chance of an uptrend. Optimism maintains a solid bullish stance as the broader market stabilizes near the weekend.

According to the announcement, the wallet will support both cryptocurrencies and non-fungible tokens (NFTs).

South Korean internet giant ventures into crypto with a non-custodial digital asset wallet.

South Korean technology giant Naver has announced the launch of its first-ever cryptocurrency wallet, Naver Pay Wallet, in collaboration with the sports-centric blockchain platform Chiliz.

South Korean tech giant Naver launches a non-custodial crypto wallet, Naver Pay Wallet, in partnership with Chiliz blockchain, offering cryptocurrency and NFT storage to its 33 million users

South Korean internet search giant Naver is launching a non-custodial crypto wallet, adding the Chiliz blockchain as its first.

Amid rising price volatility in the cryptocurrency market, top tokens have displayed increased buying and selling pressure over the past few days. Moreover, the largest altcoin, Ethereum price has successfully reclaimed the $2.5K level. Following this, mid-cap altcoins have recorded a similar price action. This has resulted in many tokens recording a double-digit gain.

Bitcoin has recently faced a bit of turbulence, dropping from its previous high of $63,000. However, the analyst of Crypto Banter's The Sniper Trading show said that it's important to remember that the last low was around $49,000, and we are still maintaining higher lows, sitting comfortably at $59,000-$60,000.

TL;DR Sony launches Soneium Minato testnet, an Ethereum Layer-2 blockchain, to enhance scalability and efficiency for decentralized applications (dApps) with faster transactions and lower gas fees. Soneium Spark incubation program offers up to $100,000 in investment, mentorship, and infrastructure support for Web3 developers, backed by industry leaders like Circle, Optimism, and Chainlink.

Circle, Optimism, Alchemy, The Graph, Chainlink and the Astar Network will join as launch partners for Sony's new blockchain.

When you get a “GM” from Sota Watanabe, it doesn't mean “good morning.”

Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.

Story Highlights The live price of Optimism is . Optimism price could go as high as $3.85 by the end of 2024. With a potential surge, the OP price could reach a maximum of $30.25 by 2030. The transactional speed in the world of blockchain and finance is a critical indicator of success.

Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.

As the market gains more bullish momentum, Optimism (OP) investors become more enthusiastic after this week's price actions. According to CoinGecko, the token is up more than 24% since last week which is currently supported by the strong bullish sentiment present within the market.

Optimism current price action has caught the market's attention as bullish momentum builds, driving the price toward the pivotal $1.8 level. This upward drive could mark a potential turning point, challenging the prevailing downtrend that has kept the bulls in check for weeks.

Amid ongoing market volatility, the altcoin leader, Ethereum's price has reclaimed the $2,650 level with a jump of 2.11% in the past day. Following this, ETH-based altcoins have gained significant attention from the market. This has resulted in them breaking out of their important resistance levels.

Binance has announced that it will be delisting a number of spot trading pairs. The reason for this is Binance's evaluation of all listed spot trading pairs on a regular basis, analysis of their performance and liquidity.

Clearpool's Ozean chain on Optimism could significantly expand DeFi by integrating real-world assets, unlocking vast market potential. The post Clearpool unveils RWA yield chain built on Optimism appeared first on Crypto Briefing.

The undercollateralized lending marketplace Clearpool is working on Ozean — a Layer 2 blockchain that will be part of the Optimism ecosystem.

OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in the chain's fault-proof system. While some high-severity vulnerabilities were encountered during external audits, OP Labs stated that none had been exploited.

Polygon Labs CEO Marc Boiron argues that OP Stack chains will plug into the AggLayer.

OPLabsPBC revealed plans to upgrade the Optimism (OP) blockchain after security audits confirmed vulnerabilities within the mainnet. Code4rena, Spearbit, and Cantina audited the crypto project and found flows that could creep up the OP network in the Fault Proof System. Meanwhile, Optimism hasn't suffered from these vulnerabilities, and user assets remain safe.

The rollback to permissioned fraud proofs and upcoming hard fork highlight the ongoing challenges in achieving secure and decentralized blockchain systems. The post Optimism Foundation reverts to permissioned fraud proofs, announces hard fork appeared first on Crypto Briefing.

Two months after launch, Optimism chose to revert its permissionless fraud proof system in order to fix a number of security vulnerabilities.

Mofi, a protocol engineer at software development company OP Labs, hinted at a major upgrade on the Optimism mainnet. The proposed upgrade targets tackling a few security vulnerabilities discovered by Spearbit, Cantina and Code4rena during security audits.

Chiliz, the leading blockchain platform dedicated to sports, has announced a groundbreaking partnership with KAYEN Protocol, a community-driven DeFi ecosystem. This collaboration aims at integrating advanced decentralized finance (DeFi) features into the Chiliz ecosystem, enhancing user engagement and expanding the functionalities of the sports blockchain platform.

Optimism announced on Monday a plan to create a native protocol layer solution that will solve the problem of liquidity fragmentation across its ecosystem of rollup chains, also referred to as the Superchain.

The launch of the spot ETH ETF was expected to be a positive development for Ethereum and Ethereum-based tokens. Furthermore, the entire crypto market was expected to experience a significant boost, but the outcome was quite different.

As the crypto market keeps shifting, investors are always on the lookout for the next big win. With the current bullish trend in full swing, there's a lot of potential for some major gains.

The value of OP, the token driving the leading Layer-2 (L2) network Optimism, has dropped 19% over the past month. As of press time, the altcoin is trading at $1.37.

Optimism developers plan to introduce interoperability across various Layer 2 chains in the ecosystem, including OP Mainnet, Zora and Base.

Optimism networks that are part of the Superchain rely on Ethereum to communicate with each other in order to move assets, which tends to make such moves slow and expensive. To address that, Optimism is releasing its own interoperability roadmap.

Losses mount for Optimism as the market suddenly flips from bullish to bearish, wiping significant gains made after it rebounded last week. According to CoinMarketCap, the token is down over 21% since last month, putting significant pressure on investors as the market continues with its choppy trading days.

Optimism (OP), the Layer-2 network built on Ethereum, has been unable to live up to its name. Its native token, OP, launched in May 2022 and offered market participants a glimmer of hope, especially with the significant airdrop distribution to early adopters.

In the past week, the Layer 2 (L2) scaling solution Optimism (OP) has witnessed a drop in activity across the decentralized exchanges (DEXes) housed within it.

Just months after Wormhole's airdrop in April, the cross-chain project will unlock a third of its token's circulating supply this month: 600 million tokens at a current value of about $180 million.

A volatile week looms over the cryptocurrency market, with the Federal Reserve interest rate decision shaking the macroeconomic landscape. Moreover, the industry will unlock nearly $190 million in vested tokens this week, sounding an alarm to these affected cryptocurrencies.