Optimism – Crypto News Live

Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M

August 21, 2023 coiner

Digital asset investment products saw $55 million in outflows for the week of Sept. 13, according to a report from CoinShares. Optimism surrounding what was previously thought to be the impending approval of a spot-based Bitcoin exchange-traded fund (ETF) has begun to give way as $42 million worth of the week’s outflows came from BTC alone. This week in Fund Flows by @CoinSharesCo Head of Research @jbutterfill: Digital asset investment products saw outflows totalling US$55m — we believe this is in reaction to recent media highlighting that a decision by…

New Optimism wallet lets users receive crypto via Twitter login

July 27, 2023 coiner

A new wallet that has launched on Optimism allows users to generate an address without storing seed words, and the account can be saved using an ordinary Twitter login. Called “Beam,” the wallet runs in a browser window and requires no downloads, according to a July 27 announcement from its developer. It also allows users to send transactions on Optimism without owning Ether (ETH). INTRODUCING BEAM The first self-custody payments wallet built for the mainstream — no download or signup required. Beam is the easiest way on the planet to…

Optimism network transactions surged 67% following Bedrock upgrade — Nansen

June 26, 2023 coiner

Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread from blockchain analytics firm Nansen. The network had been seeing less than 300,000 transactions per day before the upgrade, but this figure increased to over 550,000 by the middle of June. Since Optimism’s Bedrock upgrade on June 6 Its daily transactions have increased by about 67% to ~500k And gas fees are reduced by about 50% to ~$50k pic.twitter.com/9ACIMMFHbl — Nansen (@nansen_ai) June 26, 2023 Optimism, a layer 2 of…