Crypto apps are shutting down as billions move into Bitcoin ETFs and stablecoins
More than 80 crypto initiatives formally shuttered or started winding down within the first quarter of this yr. RootData’s “dead-project” archive, which tracks closures, bankruptcies, and power challenge inactivity, logged 86 casualties as of March 20. The pullback has spared virtually no nook of the ecosystem, sweeping throughout digital wallets, NFT marketplaces, decentralized finance (DeFi)…
