Cardano-based DEX DeltaDeFi halts operations

DeltaDeFi, a decentralized exchange (DEX) built on Cardano's (ADA) Layer 2 solution Hydra, is indefinitely suspending its services due to operational difficulties, The Crypto Basic reported. User refunds will be processed as soon as the necessary funds for withdrawals are secured. Several other Cardano-based applications, including JPG Store and TapTools, have also ceased operations this year.