According to Wu Blockchain, CryptoRank data shows that since 2026, 17 major crypto projects or companies have shut down or gone bankrupt, including BitMEX, Loopring DEX, Nifty Gateway, Movement Labs, Bitcoin Depot, and ZeroLend. The total disclosed funding for these projects and companies was at least $8.9 billion. CryptoRank noted that, in addition to insolvent companies, products that failed to retain users and liquidity are also exiting the market. https://www.(wublock123.com)/news/news-65194