Over 60 Crypto Firms and Projects Fold in 2026 as Bankruptcies, Bear Market and Hacks Rip Industry Apart

Out of business sign on a door. More than 60 cryptocurrency companies, blockchains, and decentralized finance (DeFi) protocols shut down or filed for bankruptcy between January and July 2026, a pace that accelerated sharply in the final weeks of July. The past several months have exposed the part of the crypto industry that rarely gets attention during bull markets. Since bitcoin retreated […]