Exchanges· ★★★· bearish·

82 crypto projects shut down in 2026: five key reasons

  • —Blast drew over $2 billion in deposits but failed to find a sustainable business model
  • —Radiant Capital and Step Finance closed after 2024 and 2026 exploits respectively
  • —Crypto startups raised about $10 billion in H1 2026, roughly half of all of 2025
  • —87 crypto M&A deals were recorded by August 2026, up 65% year over year
Why it matters: The closures show that deposits and token rewards do not guarantee survival, as capital concentrates in projects with real revenue.
Source: Cryptonews.net
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