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Coinbase-backed Ethereum (ETH) Layer 2 network Base announced Tuesday it is consolidating its codebase away from Optimism's OP Stack into a Base-operated repository, ending its reliance on external dependencies that powered the blockchain since its August 2023 launch. Node operators will need to mig

Ethereum (ETH) co-founder Vitalik Buterin said the original vision of layer-2 networks as Ethereum's primary scaling engine "no longer makes sense" in a Wednesday post. Major L2 builders responded within hours, broadly agreeing rollups must evolve beyond cheaper Ethereum. Buterin argued many L2s fai

The Optimism Foundation governance body has approved a proposal allocating 50% of all Superchain revenue toward buybacks of Optimism (OP) tokens over the next 12 months, beginning in February. What Happened: Buyback Program Approved The proposal, submitted by the Optimism Foundation on Jan. 8, passe

Optimism, the native token of Ethereum Layer-2 scaling solution Optimism, surged to its highest price in two months on July 28 following the announcement of a listing on South Korea’s largest crypto exchange, Upbit. The listing news propelled OP’s price by nearly 15% in a matter of hours and pushed

Ethereum layer-2 scaling solution Optimism announced Friday it will implement sweeping governance changes August 1, marking the second major overhaul this year as the network pushes toward greater decentralization. The "Season 8" update introduces four distinct stakeholder voting groups, automatic p