Bear market woes: either getting hacked or shutting down. Today, yet another BTCFi project, Botanix, announced it’s ceasing operations. Here’s a recap of projects that stopped operating before TGE since 2026: 1.25 Entropy - Decentralized self-custody solution 2.15 Polynomial - Derivatives 2.20 Parsec - Data analytics 2.23 Nifty Gateway - NFT marketplace 2.28 Slingshot - DEX aggregator 3.17 Tally - DAO operations platform 4.1 Yupp Ai 5.22 ZERϴ Network - L2 5.28 Leap Wallet - Wallet 6.10 Botanix - BTCFi