ZKX Protocol Faces Crypto Industry Backlash After Sudden Discontinuation
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ZKX protocol has faced backlash after ceasing its operations. The protocol cited a lack of an economically viable path among the reasons for its discontinuation. Investors complained that they were not informed of the shutdown. Two crypto firms have issued statements criticizing the ZKX Protocol for ceasing its operations suddenly, without prior notice. The Starknet-based social derivatives trading platform suspended its business operations on July 30, citing a lack of an economically viable path and minimal user engagement. The protocol said it had delisted all markets, closed all positions, and returned funds to each user’s account. While ZKX implied
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