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Jan 8, 2024
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Protocol Village: C3, Crypto Exchange With ‘Self-Custodial Approach, Launches Public Mainnet

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Jan.8: C3.io, a hybrid crypto exchange, announced the launch of public mainnet. The project’s “self-custodial approach ensures users control their funds, enhancing security while reducing insolvency risks,” according to the team. “Emphasizing security, C3.io passed two Halborn audits and offers up to $src00K for vulnerabilities with Immunifi. Collaborating with Pyth Network, it has processed src0

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Jan.8: C3.io, a hybrid crypto exchange, announced the launch of public mainnet. The project’s “self-custodial approach ensures users control their funds, enhancing security while reducing insolvency risks,” according to the team. “Emphasizing security, C3.io passed two Halborn audits and offers up to $src00K for vulnerabilities with Immunifi. Collaborating with Pyth Network, it has processed src0 million+ oracle-based transactions. Users can benefit from all CEX functionalities, including instant execution, high throughput, REST APIs, Websocket connectivity, advanced order types and support for all blockchains.” According to the project documentation: “C3’s on-chain component consists of two smart contract applications, the Cross-collateral Clearing Engine and the Health Calculator, which are deployed on the Algorand blockchain and serve as C3’s settlement layer…. To consolidate balances, C3 leverages Wormhole’s cross-chain interoperability protocol to process deposits and withdrawals to and from C3’s on-chain component.”

Protocol Village is a regular feature of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Project teams can submit updates here. For previous versions of Protocol Village, please go here. Also please check out our weekly The Protocol podcast.

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