ChainCatcher news, the Bitcoin network Rune DEX platform OdinSwap and the Rune launch platform Valhalla have announced that they will gradually cease operations, and all user funds are safe.OdinSwap and Valhalla will continue to operate until February 28, 2025. Users are advised to withdraw their funds before February 28. After February 28, any unclaimed balances will be refunded manually, but appropriate BTC network fees will apply. Refunds will be processed manually and may take up to a month to complete. Refunds will only be issued for balances exceeding the network fees.During this transition period, OdinSwap is open to strategic cooperation/partnerships and welcomes potential partners interested in integrating with the platform to reach out.

ChainCatcher news, the personalized crypto index token sale Launchpad project Astra DAO based on Arbitrum has announced its acquisition by the Token Metrics Foundation, with the specific acquisition amount not disclosed. It is reported that the platform plans to gradually cease operations and functionalities.Astra DAO stated that all funds are safe and will be airdropped back to user wallets. In addition to refunding all user funds, ASTRADAO holders are entitled to receive T MAI airdrops, which reportedly account for 5% of the TMAI supply. ASTRADAO will continue to exist as a Meme coin operated by the community.Astra DAO is an automated crypto asset allocation protocol based on Ethereum, providing convenient and practical access to investment strategies aimed at cryptocurrencies. This innovative model creates a win-win incentive for profit-seeking index investors, creators, and token holders.

According to ChainCatcher news reported by Cointelegraph, a cryptocurrency wallet fraud tool targeting the TON network has announced it will cease operations and direct users to another cryptocurrency fraud tool.Web3 security agency Scam Sniffer shared a screenshot showing that a TON-based cryptocurrency wallet fraud tool issued a notice of closure. The wallet fraud tool claimed that the lack of "whales" or "big players" in the TON community was detrimental to its business. The hackers wrote: "Due to the absence of whales in TON and the small size of the community, we will shut down our services."This wallet fraud tool then directed users to assets on a fraudulent Bitcoin network, stating that if users enjoyed stealing on TON, they would also like to operate on the Bitcoin network.The hackers also promoted another service and explicitly stated that the TON-based fraud tool would not return. Blockaid co-founder Raz Niv mentioned that more and more hackers are starting to take an interest in the TON ecosystem because the value of assets transferred via TON is very high. Some scams also exploit TON's transfer comment feature to disguise the true purpose of signatures, tricking users into signing false transactions and thereby stealing their assets.

ChainCatcher message, the founder of the derivatives DEX ZKX based on Starknet and Ethereum, Eduard, issued a statement saying that the protocol will cease operations due to the inability to find an economically viable path for it.Currently, all markets have been delisted, positions have been closed, and all funds have been returned to each user's trading account; users can transfer funds from their trading accounts to their main self-custody accounts; the self-custody ZKX account is a wallet on Starknet, and users can withdraw back to L1 at any time through the Starkway bridge; the protocol will continue until the last day of August, and the ZKX ownership and distribution will continue after the closure on September 1; it is strongly recommended that everyone withdraw their funds and claim any pending STRK rewards before the August sunset.

ChainCatcher news, according to Cointelegraph, the crypto investment platform Yield App has announced that it will immediately cease all operations on its platform.Previously, Yield App's assets were held by third-party hedge fund managers on the now-defunct cryptocurrency exchange FTX, and suffered portfolio losses, with related lawsuits still ongoing. Although Yield App had previously assured that its exposure to FTX was not significant, this announcement has raised questions about its transparency.Currently, Yield App has suspended community channels, but will remain open to the public through the support channels on its official website.

ChainCatcher message, the Ethereum native privacy protocol Nocturne Labs is shutting down its operations. Nocturne has the support of prominent cryptocurrency experts, including Ethereum co-founder Vitalik Buterin, and the company announced on June 5 in an X post that it would cease operations. "The company did not provide any explanation for the closure.According to the Web3 asset data platform RootData, Nocturne was initially aimed at bringing private accounts and transactions into the Ethereum ecosystem. In October 2023, the company raised $6 million in a seed round led by Bain Capital Crypto and Polychain Capital, with Buterin also participating.

ChainCatcher news, Hadrien Charlanes, the founder of the decentralized reputation protocol Sismo, tweeted that they are returning funds to investors (with a return rate of 51%). "Our development speed is fast, we have solved problems and built a great community. However, our pace is unsustainable." Hadrien Charlanes stated that Sismo has open-sourced parts of the code that were not previously open-sourced and will maintain the basic infrastructure for several months, and is happy to support teams/individuals who wish to turn their work into a public good.According to RootData, Sismo is a modular proof protocol that enables reputation portability and aggregates the issuance of ZK badges. The generation process of ZK badges relies on zero-knowledge proofs (ZKP) and ensures the privacy of users and data. Sismo's ultimate goal is to achieve diverse and interoperable badges that can be creatively combined and promote true innovation in authentication and reputation systems. Sismo completed a $10 million funding round in December 2021, with participation from Delphi Digital, Fabric Ventures, IDEO CoLab Ventures, Framework Ventures, and others.

ChainCatcher news, Nick, a former employee of the Solana ecosystem decentralized automation network Clockwork, tweeted that due to opportunity costs and limited business prospects, the Clockwork development team and he have decided to cease development of the protocol. Developers can continue to use the software they have written, but the team will shut down the nodes on Devnet and the mainnet on October 31. On-chain programs will be frozen, the code will remain open source, and it will be freely available on GitHub. If the community is willing to improve the protocol, the team will fully support forks and releases. For users currently relying on Clockwork, the team will do its best to ensure service continuity.According to the crypto data platform RootData, Clockwork announced the completion of a $4 million seed round financing last August, led by Multicoin Capital and Asymmetric, with participation from Solana Ventures and El Cap Ventures.

ChainCatcher News, Japan's social giant LINE's cryptocurrency exchange Bitfront announced that it has closed its services and will stop new user registrations at 13:00 Beijing time on November 28, and will gradually cease the operation of financial products in December. User withdrawals will be closed at 13:00 Beijing time on March 31, 2023.The official statement indicated that this decision was made in the best interest of the LINE blockchain ecosystem and is unrelated to issues concerning certain exchanges that have recently been accused of misconduct. (Source link)