Faster global financial news!
Lupin Protocol
-
Google Cloud and the Defunct Loopring Protocol: A Historical Collaboration and Current Status of zkRollup Scaling Solutions
Loopring Protocol, once a Layer 2 solution on Ethereum that leveraged zkRollup technology to enhance the efficiency of decentralized exchanges, had its zkRollup scaling solution mentioned by Google Cloud as a client use case. However, the Loopring team permanently shut down its decentralized exchange in June 2026 and deactivated its consumer wallet in July 2025, marking the end of its core operations. Google Cloud continues to support the Web3 ecosystem through infrastructure services, but the Loopring case primarily reflects early collaboration and technological exploration.
-
The Loopring Protocol (LRC) Has Ceased Operations: A Look Back at Its Development and the Reasons for Its Shutdown
Loopring, once an early zkRollup solution on Ethereum, announced in July 2026 that it was ceasing operations; its decentralized exchange (DEX) and related DeFi products have all been shut down.The team stated that the primary reasons for the project’s closure were early technical limitations of zkRollups, a lack of substantial adoption in payment use cases, the zkEVM approach being surpassed, and the delisting of the LRC token from major exchanges, which led to the depletion of funds. As of July 29, 2026, the price of the LRC token was approximately $0.01.
- No data
-
Google Cloud and the Defunct Loopring Protocol: A Historical Collaboration and Current Status of zkRollup Scaling Solutions
Loopring Protocol, once a Layer 2 solution on Ethereum that leveraged zkRollup technology to enhance the efficiency of decentralized exchanges, had its zkRollup scaling solution mentioned by Google Cloud as a client use case. However, the Loopring team permanently shut down its decentralized exchange in June 2026 and deactivated its consumer wallet in July 2025, marking the end of its core operations. Google Cloud continues to support the Web3 ecosystem through infrastructure services, but the Loopring case primarily reflects early collaboration and technological exploration.
-
The Loopring Protocol (LRC) Has Ceased Operations: A Look Back at Its Development and the Reasons for Its Shutdown
Loopring, once an early zkRollup solution on Ethereum, announced in July 2026 that it was ceasing operations; its decentralized exchange (DEX) and related DeFi products have all been shut down.The team stated that the primary reasons for the project’s closure were early technical limitations of zkRollups, a lack of substantial adoption in payment use cases, the zkEVM approach being surpassed, and the delisting of the LRC token from major exchanges, which led to the depletion of funds. As of July 29, 2026, the price of the LRC token was approximately $0.01.
Lupin Protocol
24H Trending
-
1
Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
-
2
Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
-
3
SK Hynix is up 5.58% from its previous close, now trading at ₩1,570,000.
-
4
Cryptocurrency Investing for Beginners: A Guide to Buying and Asset Management
-
5
WOL Token: Current Status and Investment Considerations for World of Legends
-
6
Nikkei Asia: Iranian separatists intensify attacks and seize territory in response to a potential full-scale US assault.
-
7
FOR Token (ForTube) Issuance Price and Project Analysis
-
8
"Demon Coins" in Crypto: Definition, Identification Methods, and Recent Cases
-
9
China's tech stocks lose luster as STAR 50 Index plunges over 40% from July peak, CATL falls 37% YTD amid AI profit doubts
-
10
Ethena Pay Earn+'s USDe pricing mechanism may conceal de-peg losses, 11x target leverage amplifies risks
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
