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Crypto

82 crypto projects shut down this year, survival at risk amid bear market and funding crunch

A total of 82 cryptocurrency projects and protocols have stopped operating so far this year, as a prolonged bear market, worsening profitability, depleted funding and security incidents weigh on the sector. Researcher Stacey Moore compiled the list and posted it on X, including Balancer and Radiant Capital. Separately, DefiLlama said about 100 projects announced shutdowns this year, citing weak product-market fit and funding constraints despite sizeable fundraising.

Crypto

H1 2026 crypto hacking losses top $1 billion, focus on ethereum and solana

Cryptocurrency hacking losses exceeded $1 billion in the first half of 2026, a survey showed, with the number of incidents the highest on a half-year basis. Cointelegraph, citing on-chain security firm Blockaid, said losses by network were concentrated on Ethereum and Solana. Ethereum losses were about $332 million and Solana about $326 million. The largest single case was a $292 million incident involving KelpDAO.

Crypto

Why DeFi projects that survived the 2022 crash are closing now

DeFi projects that withstood the 2022 Terra and FTX collapses are shutting down in 2026. Cointelegraph reported analysts see tougher competition within DeFi rather than broad industry consolidation. Zapper plans to end its service in July, while Botanix, Step Finance, Parsec and Odos Protocol have closed or are winding down. Data showed 101 crypto projects shut this year through July 26, over half tied to DeFi. Fee and revenue indicators have deteriorated, while some cite weak demand and others point to continued stablecoin growth.