▼ Bearish
Loopring, a pioneer in Ethereum's zkRollup technology, has announced the shutdown of its decentralised exchange (DEX).
The decision comes as the team acknowledges that advancements in zkEVM technology have made their existing architecture obsolete, signalling the end of one of the early success stories in the Layer-2 space.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.