Ethereum News Daily TheBitTimes.com

The Optimism Network has revealed that it will sell 116 million OP tokens in a series of planned sales. Ethereum layer-2 scaling solution Optimism (OP) has disclosed plans to sell 116 million OP token s to seven private buyers for treasury management purposes At current prices, the sale will see $159 million worth of OP tokens change hands. Starting today, there will be several transactions totaling approximately 116M OP token s. We’re sharing as a heads up to our community that these are planned transactions. — Optimism (_) (@optimismFND) September 20, 2023 While some observers feared the sale would bring about depressed prices from Optimism “dumping” its tokens on the market, it seems unlikely that the sale of the tokens will have any material impact on the price of OP, due to the sale being private. Additionally, the tokens are being sourced from the unallocated portion of the OP token treasury — meaning that they are not part of the circulating supply. Optimism (OP) token...

The blockchain executive urged users who downloaded the BitKeep 7.2.9. APK malware to transfer their assets immediately. According to a letter posted on Chinese block Chain news publisher Odaily.com on Dec. 27, Kevin Como, the anonymous CEO of BitKeep, warned that users’ private keys are still at risk after a security incident on Dec. 26 led to over $13 million in losses at the time of publication. BitKeep is one of the more popular noncustodial, decentralized finance multichain wallets with over 6 million users . Specifically, Como wrote: “This was a large and atrocious hacker attack incident. The BitKeep APK 7.2.9 (Android Package Kit) installation package was hijacked and swapped by the hacker, and as a result, some users already installed the APKs that were planted malware by the hackers, leading to a leak of users’ private keys.” Como urged users who had already downloaded the Android APK 7.2.9. to transfer their digital assets to a new wallet. “It is probable that [these wa...