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Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million


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...

The HUMAN App Delivers Real-World Utility to HMT and the HUMAN Ecosystem


HUMAN Protocol has launched on the Ethereum Mainnet. To complement this launch – which also involved the listing of HMT (the native token of HUMAN Protocol) on FTX and Gate.io on the 10th of August – the HUMAN Protocol Foundation has now released the HUMAN App: the first opportunity...

Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month


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...

Introducing Lisk Mainnet V3 Migration


Lisk announced the migration of v3 after the successful migration of Lisk Testnet v3. The migration of Lisk mainnet v3 shall take place at the block height of 16,301,501 that will be attained on around 24th August. At present, every product dependency of Lisk, which includes Lisk Core 3.0.0, Lisk...

Tidal Finance Launches Mainnet for DeFi Insurance


Tidal Finance finally made the most exciting announcement of launching the innovative mining program and mainnet for the coverage providers associated with the platform. The foremost multi-chain platform of DeFi insurance, Tidal Finance, was first launched at the Polygon Network. The platform...

Drops Loans Launch on Ethereum Mainnet


Drops Loans finally made the most exciting announcement of deploying the Drops Loans protocol on the Ethereum mainnet. Drops is the foremost platform of the world for trust-less borrowing of loans against NFT-based assets and NFTs. The protocol shall commence its operation on the Ethereum mainnet...

Ethereum’s London Hard Fork Scheduled to Commence on August 4


The highly anticipated Ethereum hard fork is expected to launch on August 4 at block height 12,965,000 according to Ethereum core developers. The London hard fork will add five Ethereum Improvement Proposals (EIPs) that aim to enhance the blockchain. However, the Berlin hard fork was postponed...

Ergo: A New Layer DeFi Solution Celebrates Two Years of Mainnet Launch


Disclaimer: The text below is a press release that was not written by Cryptonews.com. The past year has been buzzing with increasing activities in decentralized finance (DeFi) and the blockchain ecosystem as a whole. From a total value locked (TVL) of 500 million USD on March 12 (the much talked...

Theta Guardian Node v3.0.2’s Release Enables Mainnet 3.0


In a recent announcement, Theta Labs declared the launch of Guardian Node for Theta v3.0. The new version shall go through a hard fork at a block height of 10968061 for activating the features of Theta 3.0. It is now mandatory for the registered users to remain in sync after the hard fork height....

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