Monday, June 29
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Topic: loopring

A physical token representing Ethereum
New Crypto
Monday, 6/29, 03:43 AM

Loopring, a zk-Rollup Pioneer, Shuts Its Exchange Citing No Adoption

  • Loopring, one of the first projects to bring zero-knowledge 'rollup' technology to Ethereum, is shutting down its decentralized exchange, bluntly admitting it 'never gained meaningful adoption.' The amount of money parked in its system has fallen roughly 99% from its peak — a stark marker of crypto's infrastructure shakeout.

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