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MoonlightMineralWater

2026-05-23 02:31:02

Bear market liquidation accelerates; only those who survive are true gold.

View Original

CoinNetwork2026-05-23 02:24:53

Crypto World News reports that due to the ongoing downturn in the crypto market, user activity, and investor financing pressures, at least five crypto companies announced closures or bankruptcy filings this week. Among them, the crypto trading card platform Fantasy Top, cross-chain infrastructure project Everclear, and Ethereum Layer 2 network Zero Network all announced gradual shutdowns on Thursday, citing reasons such as failure to find a suitable market position 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 United States on Monday.

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