Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper

Ethereum Transfer Fees Drop from Recent Highs, L2 ETH Solutions Between 46-97% CheaperAt the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees have subsided to a […]

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

Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 MillionOn 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 Raises $120 Million in Funding […]

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