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Ukrainian-based startup Matter Labs raised $ 50 mln.

Thursday, November 11, 2021

Founded by Ukrainian Oleksiy Hlukhivsky, startup Matter Labs is developing an Ethereum blockchain scaling protocol that reduces traffic in the main chain of Ethereum blocks. This solution allows developers to reap the benefits of fast and cheap transactions without losing the security of the Ethereum ecosystem (Matter Labs website).

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The Ukrainian President signed a law on the development of biomethane production.

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