Crypto News

Optimism Foundation Executes $89 Million OP Private Token Transaction

The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s management of the Optimism network, a blockchain designed toSource link

Streamlining Blockchain: Demystifying Real-Time Insights & Simplifying Data Management

Discover how to navigate and overcome the complexities of blockchain data management with QuickNode’s Streams. This webinar, guided by our seasoned experts Nick Yushkevich and Carl DiClementi, provides you with actionable insights into tackling common challenges faced by businesses in the blockchain space. From real-time data streaming that ensures timely decision-making to robust error handling mechanisms that guarantee data integrity, and comprehensive observability features that offer deep insights into your blockchain operations, we’ll cover how QuickNode’s infrastructure is tailored to enhance operational efficiency, scalability, and innovation.Source link

Binance Labs Wraps Up Incubation Season 6 with Strategic Investments in Seven Blockchain Startups

Binance Labs concludes its sixth incubation season, investing in seven early-stage projects across DeFi, infrastructure, and AI-powered DApps, signaling strong support for innovative Web3 solutions. (Read More)Source link

Optimism Sells $89M OP Tokens in Private Transaction

The tokens have been sold to an undisclosed buyer and will be vested for two years.Source link

Embattled Binance Discontinues Nigerian Naira Services — Users Urged to Convert NGN Balances

Binance, one of the leading crypto exchanges, has said it will discontinue all Nigerian naira services on March 8. The crypto exchange’s decision to drop trading pairs that feature the naira follows weeks of attacks and an official crackdown on its Nigerian operations. Crypto experts like Oladotun Wilfred Akangbe believe dropping the naira will temporarilySource link