Deep Tide TechFlow message, on June 03, according to Cointelegraph, the Cardano real-time analytics platform TapTools announced that it will gradually shut down over the next two weeks. This year, two co-founders, the Chief Operating Officer, the Chief Technology Officer, and backend developers have all left in succession, and the resulting technical knowledge gap means the platform can no longer be properly maintained. TapTools also said that high operating costs for infrastructure, development, and support are another important reason for the shutdown. The platform stated that it remains open to external acquisitions or financing. Cardano founder Charles Hoskinson said he bears some of the responsibility for this, adding that he had proposed an index program to help rescue struggling projects, but it was not carried out.

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