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3232Farcaster Secures $150M in Funding, Reaches $1B Valuation With Backing From Paradigm
https://www.digit.info/farcaster-secures-150m-in-funding-reaches-1b-valuation-with-backing-from-paradigm/
Wed, 22 May 2024 05:45:58 +0000https://www.digit.info/2024/05/22/farcaster-secures-150m-in-funding-reaches-1b-valuation-with-backing-from-paradigm/Read more]]>Farcaster, a decentralized social media platform leveraging the Ethereum blockchain and Optimism’s Layer two ecosystem, has successfully raised $150 million in a funding round led by Paradigm, bringing its valuation to $1 billion. The funds will be used to sustain the project’s development, focusing on growing its user base and enhancing developer tools, after the […]
]]>Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
https://www.digit.info/defi-protocol-sonne-finance-reports-major-security-breach-20-million-lost-to-hackers/
Wed, 15 May 2024 05:31:04 +0000https://www.digit.info/2024/05/15/defi-protocol-sonne-finance-reports-major-security-breach-20-million-lost-to-hackers/Read more]]>Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne Finance suspended its Optimism Market and assured that […]
]]>Optimism Stack Update: OP to Support Layer Three With Funding, Features, and Revenue Sharing
https://www.digit.info/optimism-stack-update-op-to-support-layer-three-with-funding-features-and-revenue-sharing/
Thu, 09 May 2024 05:20:42 +0000https://www.digit.info/2024/05/09/optimism-stack-update-op-to-support-layer-three-with-funding-features-and-revenue-sharing/Read more]]>Ethereum scaling solution provider Optimism announced plans to enhance blockchain throughput by integrating Layer three applications on top of its OP Stack, aiming to foster a Superchain network where Layer threes can build and share revenue with the Optimism Collective. The OP Stack, an open standard codebase, extends its utility beyond Layer two deployers to […]
]]>Optimism Foundation Executes $89 Million OP Private Token Transaction
https://www.digit.info/optimism-foundation-executes-89-million-op-private-token-transaction/
Fri, 08 Mar 2024 09:52:33 +0000https://www.digit.info/2024/03/08/optimism-foundation-executes-89-million-op-private-token-transaction/Read more]]>The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s management of the Optimism network, a blockchain designed to […]
Farcaster, a decentralized social media platform leveraging the Ethereum blockchain and Optimism’s Layer two ecosystem, has successfully raised $150 million in a funding round led by Paradigm, bringing its valuation to $1 billion. The funds will be used to sustain the project’s development, focusing on growing its user base and enhancing developer tools, after the […]
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Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne Finance suspended its Optimism Market and assured that […]
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Ethereum scaling solution provider Optimism announced plans to enhance blockchain throughput by integrating Layer three applications on top of its OP Stack, aiming to foster a Superchain network where Layer threes can build and share revenue with the Optimism Collective. The OP Stack, an open standard codebase, extends its utility beyond Layer two deployers to […]
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The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s management of the Optimism network, a blockchain designed to […]
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