PEPE, Optimism, And ETFSwap: Tokens Worth Holding In 2024
Discover why Pepe (PEPE), Optimism (OP), and ETFSwap (ETFS) are the top 3 tokens to hold in 2024.
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Layer-2 Innovations Attracting Big Money: Who Is Investing?
Recent developments in blockchain technology are drawing in hefty investments from leading industry players. As the market enters an upswing, investors are scouting for cutting-edge advancements offering faster and more efficient transaction solutions. Heavyweight backers are placing their bets, aiming to capitalize on this tech trend. This article delves into who is opening their wallets to support these innovative solutions, set to redefine transaction processing within the space.
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1inch Wallet Users To Be Rewarded With OP Tokens
OP tokens will be available to claim by the 1inch Wallet’s most active and regular users.
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Nexo Adds Optimism (OP) to Its Platform with Support for Trading, Borrowing and More
Nexo now supports the Optimism (OP) token Cryptocurrency lending platform Nexo now supports Optimism’s OP token on a wide selection of its services. Nexo users can now purchase OP tokens with their debit or credit cards with 0% fees for a limited time, or trade OP across 6 different trading pairs. OP swaps on Nexo…
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MATIC is the #1 Coin to Watch for the Week of June 27 – July 3, 2022
The cryptocurrency markets finally showed some much-anticipated hints of recovery during week 25, as the total crypto market capitalization climbed from $940 billion to $990 billion. While $50 billion is a rather small weekly gain, it is the first market cap weekly increase in more than 7 weeks. In addition, the total market cap almost touched $1 trillion last week. We sincerely hope that the crypto market will confidently surpass $1 trillion this week. Whether this will materialize or not, we advise you to read out Top 3 Coins to Watch articles to get some ideas about which coins to follow in the upcoming week.
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HNT is the #2 Coin to Watch for the Week of June 20 – June 26, 2022
Last week the total cryptocurrency market capitalization plunged below $1 trillion for the first time after January 2021 as bearish sentiment affected the trading of almost every major cryptocurrency. Towards the end of the week the cryptocurrency market bled out a few more billions, reaching a total market capitalization of merely $840 billion before slowly recovering back to $940 billion at the end of Week 24. While Bitcoin and Ethereum usually outperform the market average in such conditions, both biggest cryptocurrencies were hit hard by the most recent bear market. Both BTC and ETH dipped below their psychological support levels of $20,000 and $1,000 respectively for a short time and they both incurred weekly losses of almost 30%.
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SOL is the #2 Coin to Watch for the Week of June 13 – June 19, 2022
As there were no bigger moves on the cryptocurrency market last week, the sector is entering Week 23 with an almost unchanged total market capitalization of $1.28 trillion. Among the biggest gainers out of crypto Top 100 in the last 7 days are WAVES (+92%), HNT (+28%) and ADA (+20%). In total, 60 out of top 100 cryptocurrencies ended the week in the green, while the remaining 40 posted red numbers. The ratio is surely indicating a slightly recovering market, but the relative changes in valuation have been too little to significantly increase the total market capitalization. Do you think we could see more green numbers or higher gains at the end of this week and potentially enter a period of recovery?
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Wintermute Hacker Returns 17 Million OP Tokens
Yesterday, we wrote about a recent exploit that saw an anonymous attacker gain access to a blockchain address with 20 million OP tokens (worth $35 million at the time of the hack). Today, 17 million of those tokens were returned to the Optimism contract address.
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Optimism Sent 20M OP Tokens to Unsynced Address, Resulting in $35M Loss
Ahead of the OP token launch, Ethereum Layer 2 scaling solution tried sending 20 million OP tokens to a leading crypto market maker Wintermute as a loan. Unfortunately, there was a problem with the transactions as the funds were sent to an unsynced Ethereum address, which means that the wallet’s balance couldn’t be confirmed by network validators.
