Search
L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31
7.8.2022
On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers...
Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million
2.9.2021
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live...
Offchain Labs launches Arbitrum One mainnet, secures $120M in funding
1.9.2021
More than 400 teams are already building on Arbitrum One
Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month
9.8.2021
Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap...
Coinbase Ventures Makes an Investment into Offchain Labs
9.9.2019
Coinbase Ventures, the investment division of the popular crypto exchange, has made an investment into an enterprise-focused start-up, Offchain Labs. Although the announcement did not reveal the amount of the funds, it highlighted that the funds would be used to prompt more developers into joining...
Offchain Labs, a Startup from Princeton, is Set to Launch Arbitrum, an Add-on to any Blockchain-based Application and Services
9.8.2019
Offchain Labs, an Enterprise blockchain startup, identified the two restricting variables to significant business blockchain adoption which has the concerns about scalability and privacy. In this regard, Offchain has embarked on helping it to make progressively adaptable, blockchain-based smart...