Bitcoin jumped to $23,5000 Wednesday shortly after the U.S. CPI data was revealed. (Denny Luan/Unsplash)
Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign
The protocol generated more than $730,000 in fees on Thursday ahead of the start of its allocation of 200,000 OP tokens per week to traders.
Bitcoin jumped to $23,5000 Wednesday shortly after the U.S. CPI data was revealed. (Denny Luan/Unsplash)

Andrew Huang (Conduit)
Paradigm Leads $7M Round for Optimism-Based Startup Conduit
The newly announced startup will help developers launch Optimism-based applications.
Andrew Huang (Conduit)

Staking.
Decentralized Betting Protocol Thales’ Staking Model Deploys to Arbitrum
By expanding to the largest layer 2 scaling solution, Thales aims to become more resilient and encourage protocol usage.
Staking.

ETHEREUM logo sculpted (DALL-E/CoinDesk)
Upcoming Upgrades That Will Shape the Ethereum Ecosystem
Here are some approaching dates and launches that Ethereum followers and observers should keep an eye on.
ETHEREUM logo sculpted (DALL-E/CoinDesk)

CDCROP: AI generated markets charts graphics red (DALL-E/CoinDesk)
Optimism DEX Velodrome Generates Record Weekly Fees Following Coinbase Announcement
Coinbase said last week it is launching Base, another layer two network built using Optimism technology.
CDCROP: AI generated markets charts graphics red (DALL-E/CoinDesk)

Balloons, Sky
Tokens of Optimism Ecosystem Surge as Coinbase Unveils Its Layer 2 Base
Coinbase said Thursday that it is using Optimism's technology to launch an Ethereum layer 2 scaling product called Base.
Balloons, Sky

Coinbase Cryptocurrency Exchange Website (Chesnot/Getty Images)
Coinbase's New Layer 2 Blockchain, Base, Has Rocky Rollout
The much-anticipated protocol struggled to process user transactions, then became the target of some Twitter shade for changing some terms of a contribution pledge on the fly.
Coinbase Cryptocurrency Exchange Website (Chesnot/Getty Images)

Hot air balloons. (Pexel/Pixabay)
Collab.Land to Airdrop Token to Over 2M Wallets on Optimism
The automated management tool for on-chain asset verification and token gating is growing its ecosystem by establishing a decentralized autonomous organization governed by COLLAB.
Hot air balloons. (Pexel/Pixabay)

Optimism surges 6.5% (Cryptowatch)
Optimism Token Up 6.5% as Coinbase Builds Its Layer 2 on the Platform
The layer 2 network, called Base, won't have a native token.
Optimism surges 6.5% (Cryptowatch)