Breaking News: OPTIMISM – Market Insights, Analysis & Latest Updates

The Daily: Hyperliquid set for HYPE token launch, MARA purchases $615 million in bitcoin and more

Decentralized perpetual trading platform and Layer 1 chain Hyperliquid is set to launch its HYPE token on Friday during a genesis event at 2:30 a.m. ET. Bitcoin miner MARA has acquired another 6,474 BTC, valued at around $615 million, boosting its total holdings to 34,794 BTC worth $3.3 billion — the largest of all public miners. Defunct centralized crypto lender Celsius is distributing $127 million in cash or cryptocurrency to creditors in its second bankruptcy payout. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 28/11/2024 - 15:16 PM

Coinbase’s decision not to support Celo Layer 2 upgrade causes stir among stakeholders

Coinbase said it will not support Celo’s upcoming migration from Layer 1 to Layer 2 in Optimism’s Superchain ecosystem. The decision sparked criticism from the Celo community, with cLabs CEO Marek Olszewski saying it “feels like a wrench in Ethereum’s Layer 2-centric scaling roadmap.”

theblock.co • 28/11/2024 - 11:53 AM

DeFi platform Folks Finance raises $3.2 million Series A at $75 million valuation

Folks Finance raised $3.2 million in Series A funding led by Borderless Capital, exceeding expectations and indicating future token plans for its cross-chain DeFi platform.

theblock.co • 14/11/2024 - 13:00 PM

The Daily: Trump says 'DOGE' to be led by Musk and Ramaswamy as Dogecoin soars, Bitwise CIO makes the case for $500K bitcoin and more

President-elect Donald Trump appointed Tesla CEO Elon Musk and Strive Enterprises co-founder Vivek Ramaswamy to lead his new Department of Government Efficiency (DOGE). In a note to clients late Tuesday, Bitwise CIO Matt Hougan made the case for a $500,000 bitcoin price before the cryptocurrency’s early stage comes to an end and the asset “matures.” Zero Gravity Labs (0G Labs or 0GL), a crypto-AI startup developing infrastructure for a decentralized AI operating system, has secured $290 million in funding, including a $40 million seed round and a $250 million token purchase commitment. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 13/11/2024 - 18:52 PM

The Daily: Hyperliquid set for HYPE token launch, MARA purchases $615 million in bitcoin and more

Coinbase’s decision not to support Celo Layer 2 upgrade causes stir among stakeholders

DeFi platform Folks Finance raises $3.2 million Series A at $75 million valuation

The Daily: Trump says 'DOGE' to be led by Musk and Ramaswamy as Dogecoin soars, Bitwise CIO makes the case for $500K bitcoin and more

BlackRock's tokenized fund BUIDL expanding to Aptos, Arbitrum, Avalanche, Optimism and Polygon

Polymer launches real-time interoperability protocol for Ethereum rollups

The Daily: Bitcoin ETFs record third-largest daily inflows, Trump win could impact Bitcoin less than Ethereum and more

Swell switches to OP Stack to develop rollup, replacing earlier plan to use Polygon CDK

Kraken plans 'Ink' Ethereum Layer 2 launch in 2025 built using the OP Stack

The Daily: Trump-linked DeFi project looks to raise $300 million, Uniswap Labs unveils Unichain Layer 2 and more

Currency