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The ongoing wave of project shutdowns in the crypto bear market continues, with infrastructure and application layer projects exiting or transforming en masse.
In 2026, the crypto industry is experiencing a trend of project contraction and closures, with multiple infrastructure, public chain, and application layer projects announcing the cessation of operations or entering liquidation processes.
Mint Blockchain announced a complete halt of operations, and users are required to withdraw their assets by October 20.
The Base ecosystem lending protocol Seamless will close its front end and cease services by June 30; the privacy email system Dmail Network will gradually cease all operations starting May 15, 2026.
Cosmos ecosystem wallet Leap Wallet will stop operating on May 28 and will require users to complete asset migration; the NFT-focused and zero-gas chain Inte…
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