Coin World News, citing data from financefeeds and rootdata, reports that approximately 70 crypto projects shut down, filed for bankruptcy, announced cessation of operations, or were classified as inactive in the first half of 2026, covering multiple sectors including DeFi, NFTs, blockchain gaming, Layer 2, wallets, infrastructure, and DAO tools. The report notes that this statistic does not equate to 70 formal bankruptcies, but includes projects that voluntarily ceased operations, filed for bankruptcy, or have been inactive for a long time. Financefeeds believes that current crypto funding is increasingly flowing to BTC, large-cap assets, ETFs, and regulated infrastructure, while small projects can no longer sustain themselves solely on narratives, token incentives, user growth, or fundraising history. Sustainable revenue and product-market fit are becoming key to project survival.