Layer-1 blockchain Dango will halt its perpetual DEX on Wednesday and shut down its network on Aug. 13.
The company cited no path to commercial success as the reason for the decision.
Dango is a Layer-1 blockchain that operates a perpetual DEX.
The shutdown timeline starts with the trading halt this Wednesday, followed by full network closure on Aug. 13.
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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.
DeFi analytics platform Zapper will shut down on Aug. 3 after seven years of operation.
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BitMEX announced it will close its operations on September 23, 2026, at 04:00 UTC, ending an 11-year run as a pioneer in crypto derivatives trading.
SBI Crypto announced it will close its Bitcoin mining pool on July 31, 2026. The move affects a service that represents about 2 percent of the network's hashrate.
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Digital Asset, the developer behind the Canton Network blockchain, announced it has closed a $355 million funding round led by a16z crypto.
The Ethereum Foundation dismissed 54 employees and reduced its annual budget by roughly 40 percent on June 23 as part of a reorganization. The cuts follow the launch of EthLabs, a new research organization, the previous day. Officials described the changes as a shift toward a leaner structure focused on core protocol priorities.
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Estonia’s financial intelligence unit has suspended the operating license for Zondacrypto, limiting certain activities while users can still withdraw funds.