Layer-2

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Illustration of Botanix Bitcoin layer-2 network shutdown with fading nodes and July 9 calendar.
Image generated by AI

Botanix to shut down Bitcoin Layer-2 network in July

Reported by AI Image generated by AI

Botanix is winding down its Bitcoin-based Layer-2 network, citing insufficient demand for decentralized finance applications. The project set a July 9 deadline for users to withdraw funds.

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