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Over 60 Crypto Firms Shut Down or Filed for Bankruptcy in H1 2026 The crypto industry is undergoing another wave of consolidation, with more than 60 companies, exchanges and DeFi projects shutting down or filing for bankruptcy during the first half of 2026. Key points: • More than 60 crypto companies, blockchain projects and DeFi protocols ceased operations or entered bankruptcy between January and July 2026. • Security breaches, mounting regulatory pressure and unsustainable business models were identified as the primary drivers. • Several exchanges announced closures or wind-downs, including BitMEX, AscendEX, BitMart and Odos. • Movement Labs, Poolin and Storj Labs were among the firms that filed for Chapter 11 bankruptcy protection during the period. • The pace of shutdowns accelerated in late July, highlighting ongoing stress across parts of the digital asset industry. The latest figures underscore that while institutional adoption of crypto continues to grow, many smaller firms are struggling to navigate tighter regulation, rising security demands and a more competitive market. #FedRateDecision #BigTechEarningsNight #SKHynixRecordMiss $ETH