Tag: shuts

spot_img

Balancer Labs Shuts Down, Protocol to Continue

Balancer Labs, the team behind the decentralized finance protocol Balancer, is shutting down after mounting financial pressure and a $116 million hack in November, with...

‘Gensler and Biden were just better for crypto,’ says Tally CEO as DAO governance platform shuts down

The CEO of crypto's largest Decentralized Autonomous Organization (DAO) governance platform says the Biden administration was better for his industry than its successor —...

Step Finance shuts operations after $27 million January hack

Decentralized finance (DeFi) portfolio tracker Step Finance said it will wind down operations effective immediately.The Solana-based platform was subject to a hack at the...

Step Finance Shuts Down After $27 Million Hack

Three Solana-based platforms have announced they are shutting down after a Step Finance hack at the end of January that has been deemed unrecoverable. Solana...

DeFi Analytics Firm Parsec Shuts Down After Five Years

After five years in the industry, onchain analytics firm Parsec announced its closure on Feb. 19, 2026. CEO Will Sheehan noted that the 2022...

Parsec Shuts Down Business Amid Crypto Market Volatility

On-chain analytics firm Parsec is closing down after five years, as crypto trader flows and on-chain activity no longer resemble what they once did....

DeFi protocol ZeroLend shuts down after 3 years, citing inactive chains and hacks

Decentralized lending protocol ZeroLEnd is winding down operations after three years, citing unsustainable economics amid inactive blockchains and rising security threats.The protocol, which ran...

Bluefin-acquired Nexa Terminal Shuts Down Blaming Sui’s ‘Extremely Low’ Volume

The closure comes as monthly DEX volumes on Sui have dropped 70% from last year’s peak.Crypto trading terminal Nexa, formerly known as InsiDeX, is...

One of the oldest NFT trading platform which facilitated over $300 million in sales at its peak shuts down

Nifty Gateway, the non-fungible token (NFT) trading platform that was once central to the 2021 digital art boom, will shut down on Feb. 23,...