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Category OP Labs

Coinbase doubles down on on-chain capital formation, acquires Echo for $375 million

Coinbase doubles down on on-chain capital formation, acquires Echo for $375 million

Coinbase has acquired Echo for roughly $375 million through a mix of cash and stock, which are subject to customary purchase price adjustments.
Optimism Soars By 17% Despite Recent Security Revelations

Optimism Soars By 17% Despite Recent Security Revelations

Optimism (OP) has grabbed investors’ attention in the last day following an intriguing positive price performance. Interestingly, OP’s market gain ...
Optimism  unveils testnet of fault-proof system, eyes decentralization

Optimism unveils testnet of fault-proof system, eyes decentralization

OP Labs, the architects of the Optimism network, recently deployed a testnet version of their new fault-proof system. Announced in an October 3 blo...