Kadena Shuts Down – How a 77% Crash and Cash Burn Ended One of Crypto’s Most Ambitious Projects
Kadena has announced a shutdown after running out of funds, though the proof-of-work chain has kept operating. KDA has fallen 77% in a month and over 99% from its 2021 high as exchanges have begun delisting. The team has planned a new binary and a community handover.
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