Optimism slid as much as 10% in the week leading up to a scheduled token unlock that will see 24 million OP tokens released onto the market. The price of Optimism’s native OP token is leading losses among the top 50 cryptocurrencies, falling as far as 10% on the week ahead of a $30 million…
The amount of unclaimed Arbitrum tokens accounts for 0.69% of ARB’s total supply of 10 billion. Arbitrum, a major layer-2 scaling solution for the Ethereum blockchain, has officially added the unclaimed tokens from its airdrop to its treasury. The Arbitrum Foundation sent 69.4 million unclaimed Arbitrum (ARB) tokens to its decentralized autonomous organization (DAO), the…
Vitalik Buterin’s September paper about Privacy Pools touched on an idea that could be the start of a new approach to privacy for crypto transactions. By now, most of the cryptosphere has heard of Privacy Pools — a project launched this year by Ameen Soleimani, a well-known developer and founder. As a former contributor to Tornado Cash,…
Blockchain projects should learn from Google and Facebook by monetizing users without directly asking for their money. Pay-to-use blockchains are done. Not for us, of course — the nerdy crypto crowd. We’re perfectly happy to open wallets, engrave seed phrases on steel cards we bury in the ground, find exchanges we haven’t been blocked from yet, wrap some assets…
Chainlink critics have reiterated concerns about the oracle networks’ supposed centralization after a subtle adjustment to its multisig wallet. Decentralized oracle network Chainlink has downplayed a recent change in the number of signers required on its multisig wallet — a move that garnered backlash on social media from vocal critics. Crypto researcher Chris Blec was…
While Coinbase holds $25 billion in BTC, the exchange only owns around $200 million of Bitcoin in its wallets. Blockchain intelligence platform Arkham recently identified that crypto exchange Coinbase holds almost 1 million Bitcoin in its wallets. The coins are worth more than $25 billion at current market prices for BTC. According to Arkham, the exchange’s…