Post by: Administrator on June 10, 2026, 05:30:35 PM
The Spiderchain developer told users to withdraw assets by July 9 after concluding demand for Bitcoin-native DeFi was not sufficient to support the network.
Source: Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi (https://cointelegraph.com/news/botanix-says-it-didnt-work-as-bitcoin-scaling-platform-shuts-down-sets-withdrawal-deadline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)