Cross-chain protocol Novaswap announces shutdown; all operations to cease on June 30
Mynth (@mynth) official tweet: Cross-chain interoperability protocol Novaswap has officially announced its shutdown due to insufficient usage to sustain ongoing operations. The team stated that although the protocol has received user recognition for its security and functionality, market demand has not reached a level sufficient for sustainable operations, nor can it be further expanded to additional blockchains. All operations will officially cease on June 30 at 23:00 UTC. User funds remain secure and no action is required; the swap functionality will remain available until then. The team will provide support via Discord until the end of July.