📢 NEWS ALERT

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📢 #AmberGroup has called for increased transparency and accountability in the wake of the #ZKX protocol shutdown.

🔘 ZKX, a derivatives trading platform built on the #EthereumLayer2 network Starknet, announced its closure due to economic challenges and minimal user engagement.

🔘 The team cited issues like delays in #Starknet development, low user activity, and significant financial losses as primary reasons for the shutdown. Despite securing $7.6 million in funding just a month prior, the protocol couldn't sustain itself economically