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Currency

Cardano' Orbis project will come to a halt

2022/11/24 05:52

Orbis, a layer 2 zk-rollups on Cardano, tweeted: "Due to constrained funding and uncertain conditions, Orbis Labs is unable to continue building and the project as come to a halt. The NFT has been halted until further notice when a continuation plan is set out for the core zk-rollup solution.

This was an unexpected result due to committed investors very recently pulling out of the project and recent events in the crypto space which affected Orbis directly.

For now, the Orbis Labs Github organisation will remain open source and open to outside contribution. The community groups have been halted until further notice."

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Disclaimer:The content above does not represent HTX's positions.,HTX does not provide any trading recommendations.。

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