CoinScoopLinera and Switchboard Announce Shutdowns Amid Market Downturn
The layer-1 network Linera, backed by a16z, and the oracle protocol Switchboard have both announced closures within a day of each other. According to RootData, these exits bring the total number of crypto projects shut down in 2026 to over 260. Linera stated it ceased operations prior to its mainnet launch.
Summaries are written by AI from the original article. Not investment advice.