The Over Foundation announces that it will cease operations of Over Protocol
The Over Foundation has stated that due to financial constraints, it has ceased operations of all Over Protocol infrastructure and services, including OverWallet, OverNode, OverFlex, RPC nodes, block explorers, and related APIs, with no plans for recovery.
Over Protocol is a Layer 1 mainnet that, while designed to be decentralized, is likely unable to continue operating in practice now that the foundation has stopped its services. Block production will depend on whether independent validators continue to run the open-source client, and the foundation cannot guarantee this. The foundation expressed that the original intention of the project was to allow ordinary users to participate in the construction of the Layer 1 network, thanked the community for their support, and expressed regret for not being able to continue the advancement.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

UN Secretary-General: Unable to confirm reports of the death of Iran's Supreme Leader Khamenei

Iran's Foreign Minister condemns the U.S. attack on Iranian warships

Japan Changes Rules for Cryptocurrencies: Spot ETFs Are Closer

Why Circle is spending $400M to fix the last mile holding stablecoins back from real-world payouts

OpenAI Asks Congress Whether an AI Slowdown Would Be Legal

Cryptocurrencies in Decline: How to Secure Digital Assets for Loved Ones?

Tokenized stocks expand access, but what do investors legally own? Tessera PE founder explains

Wash Fed Chair on the Hot Seat Amid Rising CPI and Pressure for September Rate Hike

Bank stablecoins can earn DeFi yield, but holders bear the risk: Katana CEO

Major Global Banks Launch Their Own Stablecoins to Compete with Tether and Circle

US DOJ restrains $52M in crypto with Tether’s help

India, Russia discuss CBDC payments as bilateral trade nears $60 billion

AI Reduces Quantum Attack Costs on Bitcoin by 86%

ESMA Updates on the Prospectus: Consultation Open Until November 9

Robinhood's Cryptocurrency Trading Volume Increased by 61% in August to $17.5 Billion, with Bitstamp Contributing $10.1 Billion

US Treasury's $5 billion buyback of 10-year bonds fails to halt their sell-off

Why Capital Is No Longer Buying Into Narratives in This Market Cycle?

Planned Financial Crisis: the new global monetary architecture of the dollar

Crypto never closes, but Bitcoin, Ethereum, XRP and Solana now move on Wall Street time

Where and How to Pay with Cryptocurrency Abroad. And Most Importantly — Why

Bitcoin Finance: The New Institutional Custodian is the Code

SPY Stock Slips as Oil Prices Reclaim $100 and Treasury Yields Rise

Argentina No Longer Adopts Stablecoins Out of Necessity: They Are Integrating Them into Their Financial Life

Anchorage Digital opens institutional access to Frgmnt’s fUSD and sfUSD

Iran Eases Currency Controls and Expands Cryptocurrency Use for Trade

BitMine’s staked ETH equals nearly 12% of Ethereum’s active stake, but who controls it?

Sensex & Nifty 50 Fall Today: 5 Main Reasons Behind the Stock Market Crash

Oracle Stock Price Target: Could ORCL Reach $320, as Mizuho Suggests?

Oracle Stock Price: Record Cloud Revenue Growth of 121% Sent ORCL Surging After Earnings








