Ethereum scaling solution Optimism has raised $150 million in a Series B funding round co-led by top crypto investors Paradigm and Andreessen Horowitz (a16z) at a $1.65 billion valuation. The funding will largely go toward hiring, according to a Medium post from the company.

© Provided by CoinDeskAndreessen Horowitz cofounder and general partner Marc Andreessen (Fortune Live Media via Flickr)

Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look to curb their growing popularity.

Bitcoin has fallen over 7% in the last 24 hours, and was trading at $39,097 as of 3:00 am ET, according to CoinDesk. The world's most valuable cryptocurrency has plummeted over 15% since the beginning of the year. In November it was trading at a record high of $68,990.

Its peers have fared worse recently. Ethereum, which is the world's second mo...

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

© Provided by BenzingaDo You Think Dogecoin Can Reach $1 Before Ethereum Gets To $10,000, And Cardano Hits $5?

This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Ethereum (CRYPTO: ETH) at $10,000, Cardano (CRYPTO: ADA) or Do...

Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look to curb their growing popularity.

Bitcoin has fallen over 7% in the last 24 hours, and was trading at $39,097 as of 3:00 am ET, according to CoinDesk. The world's most valuable cryptocurrency has plummeted over 15% since the beginning of the year. In November it was trading at a record high of $68,990.

Its peers have fared worse recently. Ethereum, which is the world's second mo...

© Provided by BenzingaThis Cryptocurrency Has Beaten Shiba Inu, Dogecoin And Ethereum Gains By Far Over Past Month And Still Looks Unstoppable

What’s Moving? LRC, which runs on Ethereum, is a Layer 2 solution for trading and payments. It has shot up 638% in the past 30 days.

In comparison, SHIB, DOGE, and ETH have gai...

Cryptocurrency prices are surging yet again, and Ethereum (CRYPTO: ETH) recently reached an all-time high of around $4,500 per token. This record is the latest in a string of recent highs over the past few days, as Ethereum continues its upward trajectory.

© Provided by The Motley Fool Should You Buy Ethereum After Its Recent $4,500 High?

The latest price increase comes just days after the successful Altair upgrade to Ethereum's network, which brings it a step closer to the much-anticipated Et...

China’s enhanced crackdown on crypto has forced the world’s second-largest Ethereum (CRYPTO: ETH) mining pool to suspend operations.

© Provided by Benzinga

What Happened: Sparkpool, the second-largest Ethereum mining pool by hash rate, announced Monday it would be suspending all services in an effort to comply with regulatory requirements.

The Hangzhou-based mining pool had already suspended mining services for new China-based miners as of Friday but now plans to extend its ban to existing ...