Dango Blockchain to Shut Down, Halt Perp DEX Trading

Cointelegraph Staff

(10:01 AM UTC)

1 min read

Layer-1 blockchain Dango will wind down operations by halting trading on its perpetual decentralized exchange (DEX) on Wednesday and shutting down its network on Aug. 13.

“Despite our best effort, various reasons have led us to conclude there is no viable path to a lasting commercial success,” Dango said in a Friday X announcement.

Dango founder Larry Liu added that the team faced cash shortages…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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