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bitcoin newsOct 20, 2026AI summary

Crypto Shutdown Wave Hits 82 Projects in 2026

Edited by Steinar Vigdel Kolnes, Editor, Oslo

A reported 82 crypto projects have closed in 2026 as revenue declines, funding shortages and security breaches weigh on the sector.

Crypto Shutdown Wave Hits 82 Projects in 2026

Crypto’s shutdown wave has claimed 82 projects in 2026, according to Cointelegraph, with closures spanning decentralized finance, blockchain infrastructure and gaming.

Declining revenue and dwindling funding are making it harder for projects to remain operational. The financial pressures extend across several parts of the crypto industry rather than a single segment.

Security breaches are also contributing to closures. Alongside strained finances, these incidents highlight the operational challenges facing crypto projects.

Source: Cointelegraph

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