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Tag: Rocking

ZKX Protocol on Starknet Halts: Inside the Economic Meltdown Rocking Crypto

ZKX Protocol on Starknet Halts: Inside the Economic Meltdown Rocking Crypto

A Sudden Farewell: The Closure of ZKX Protocol Shakes the DeFi world In an unexpected turn of events, the ZKX Protocol, a derivatives trading platform leveraging the Starknet network, has declared its end This decision, disclosed mere weeks after the platform secured a substantial $7 6 million in funding, underscores the unpredictable nature of the decentralized finance (DeFi) industry Eduard Jubany Tur, the visionary behind ZKX, broke the news of the platform's closure on July 31, 2024 With a heavy heart, he shared on the social media site X that despite exhaustive efforts, ZKX encountered insurmountable obstacles in carving out a financially sustainable path forward...

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