The ongoing slump in the crypto market, along with pressure on user activity and investor funding, has led to at least 5 crypto companies announcing shutdowns or filing for bankruptcy this week. On Thursday, crypto trading card platform Fantasy top, cross-chain infrastructure project Everclear, and Ethereum Layer 2 network ZERO Network all announced plans to gradually cease operations, citing reasons such as failure to find proper market fit or insufficient revenue. Ethereum infrastructure company Syndicate Labs also announced its closure this week, while Bitcoin ATM operator Bitcoin Depot filed for bankruptcy protection in the U.S. on Monday. (Cointelegraph) https://(wublock123.com)/news/5-crypto-companies-shut-down-or-file-bankruptcy-this-week-61550