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 $100K for vulnerabilities with Immunifi. Collaborating with Pyth Network, it has processed 10 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.”
