Security
Over 100 Crypto Projects Have Shut Down in 2026 as Industry Shakeout Accelerates
CoinCentral·August 10, 2026·1 min read
More than 100 crypto projects have shut down or filed for bankruptcy in 2026, including BitMEX, BitMart, Movement Labs, and Storj Labs. Altcoin prices dropped 70% to 90%, draining token-based treasuries and making it impossible for many projects to survive. DeFi hacks hit a record $1.1 billion in losses in the first half of the year.
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