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Kinto Tanks 81% After Announcing Its Blockchain Will Shut Down
The Kinto token, the governance token of the Kinto Network, has plummeted over 80% after its team announced that its Ethereum layer-2 blockchain is shutting down at the end of September, following months of setbacks. Kinto raised $1 million in debt to restore trading on its “modular exchange” after an industry-wide hack in July drained […]