Sentiment: Negative
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Over 100 Crypto Projects Have Shut Down in 2026 as Industry Shakeout Accelerates
By Trader Edge at 2026-08-10 05:06
Sentiment: Negative
TLDR More than 100 crypto projects have shut down or filed for bankruptcy in 2026, including BitMEX, BitMart, Movement Labs, and Storj Labs. Altcoin prices dropped 70% to 90%, draining token-based treasuries and making it impossible for many projects to survive. DeFi hacks hit a record $1.1 billion in losses in the first half of [...] The post Over 100 Crypto Projects Have Shut Down in 2026 as Industry Shakeout Accelerates appeared first on CoinCentral. Continue reading...
Categories: Analysis
Tags: #Analysis #Bitcoin #News
Source Coin Central