According to Wu Blockchain, the all-in-one crypto trading platform Dango has announced it will cease operations, citing the team’s belief that there is no viable path to achieving long-term commercial success. Dango assured users that their funds are safe, withdrawal restrictions will soon be lifted, and advised users to close positions and withdraw funds. The platform will stop trading on July 29 at 12:00 UTC, and any remaining positions will be liquidated at oracle prices. DLP Vault deposits will be unlocked, and all funds will be returned to spot accounts in USDC. On August 13 at 12:00 UTC, the Dango L1 blockchain will shut down, and any unwithdrawn funds will be returned to users’ deposit addresses on Ethereum. https://(wublock123.com)/news/dango-shuts-down-platform-stops-l1-operations-august-65283