Why Crypto Projects Are Shutting Down and Moving On

Protocol closures, migrations, and new blockchain settlement pilots are reshaping crypto.

ZetaChain holders approve plan to wind down L1 and move ZETA to Solana ZetaChain token holders approve Solana migration with 1:1 ZETA conversion Governance passed 99.4% to refocus on Anuma and Private Memory Layer Balancer proposal outlines orderly protocol winddown Balancer winddown proposal aims to return treasury assets to BAL holders See how the plan would phase out pools and protect liquidity providers MEV Bot FrontRuns $7.7M rsETH Exploit as Kelp Freezes Funds MEV bot blocks Kelp rsETH vault exploit and intercepts $7.7M in assets See how mempool monitoring stopped the theft before funds could be drained Haseeb Qureshi calls for Zcash dev fund to end after 2028 Zcash developer fund faces a 2028 sunset as Haseeb Qureshi urges an end date See why the blockreward debate could reshape privacy funding and future protocol work X sues Bitcoin account operators over alleged payout fraud X lawsuit targets Bitcoin accounts accused of inflating creator payouts See how alleged engagement manipulation boosted revenue and prompted action Kamino appoints Michael Weisz as CEO for US expansion Kamino Finance names Michael Weisz CEO to expand U.S. lending and credit Tap into institutionalgrade DeFi as the Solana platform scales structured loans Hana Bank issues $100 million digital bond on Euroclear blockchain Hana Bank digital bond uses Euroclear blockchain for sameday issuance and settlement See how the $100M deal speeds processing, links to global settlement, and opens trading access ECB launches Pontes for tokenized asset settlement ECB Pontes settles tokenized assets in central bank money for safer wholesale trading See how the rollout could boost efficiency and adoption as services expand by 2028 Celestia releases v0.34.2corto for Corto testnet nodes Celestia node v0.34.2corto keeps Corto operators aligned with testnet changes Validate network behavior in a controlled release before mainnet rollout Bank of Korea launches 24hour won settlement pilot for foreign investors 24