Ethereum’s ‘Dencun’ upgrade likely delayed into 2024

Ethereum’s next major upgrade, Dencun, will likely see a delayed launch according to statements from developers during a meeting on Sept. 21. Though Dencun is largely complete, it is still under development and in need of testing. Tim Beiko, a member of the Ethereum Foundation, said that Dencun still must be deployed to a testnet. […]

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Optimism Foundation $157M token sale impacts market, OP dips 3%

Ethereum-based (ETH) layer-2 network Optimism said it has entered into a private token sale of approximately 116 million OP tokens (worth $157 million) with seven purchasers, according to a Sept. 20 update on its governance platform. “Starting today, there will be several transactions totaling approximately 116M OP tokens,” Optimism Foundation wrote in a Sept. 21 […]

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Optimism OP price unchanged as network rewards loyal holders with 19M airdropped tokens

Layer-2 network Optimism (OP) has begun distributing 19 million OP tokens, around $26 million, across over 31,000 distinct addresses as part of its third airdrop campaign, according to a Sept. 18 post on its official X (formerly Twitter) account. Optimism stated that the airdrop rewards users who delegated their tokens to support the protocol’s governance […]

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