Mint Blockchain, an Ethereum layer two (L2) network focused on non-fungible token (NFT) advancements, has been awarded 750,000 OP tokens ($ 1.35 million) in the 28th cycle of Optimism Governance grants. This funding aims to accelerate innovation within the NFT space and onboard new users to the platform. Optimism Awards Mint Blockchain $ …
UBS Maintains Optimism in Markets Amid Middle East Uncertainty
Global investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East. While fighting between Israel and Hezbollah and missile attacks from Iran have caused concern, oil prices are stable, gold remains near record highs, and U.S. recession fears are easing. UBS advises investors to hold onto risk assets, citing […]
JPMorgan CEO Jamie Dimon Cautions Against Market Optimism — ‘Geopolitics Is Getting Worse’
JPMorgan CEO Jamie Dimon has issued a serious warning about escalating geopolitical risks, stating that they pose greater threats to global stability than current economic challenges. His remarks come in light of rising tensions, including attacks on oil tankers and the ongoing Ukraine-Russia war. Dimon cautioned against over-optimism about the U.S. economy, advising a more […]
Crypto Prices Rise After Fed Interest Rate Cut, Market Sees New Optimism as Meme Coins like Memebet and ICOs Benefit
The crypto market has flipped bullish this week. Investors are bullish about yesterday’s interest rate cuts and the chance of a new bull run, so altcoins and meme tokens are in high demand. Crypto Market Flips Green After Fed Rate Decision Things are finally looking up for crypto traders. Yesterday afternoon, the Fed finally cut […]
Optimism Finds Vulnerabilities in Fault Proof System, Proposes Upgrade to Patch Them
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. Optimism Proposes Network Upgrade […]