{"id":602824,"date":"2026-05-22T04:53:29","date_gmt":"2026-05-22T04:53:29","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/22\/5-crypto-firms-wind-down-this-week-amid-ongoing-market-slump\/"},"modified":"2026-05-22T04:53:29","modified_gmt":"2026-05-22T04:53:29","slug":"5-crypto-firms-wind-down-this-week-amid-ongoing-market-slump","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/22\/5-crypto-firms-wind-down-this-week-amid-ongoing-market-slump\/","title":{"rendered":"5 crypto firms wind down this week amid ongoing market slump"},"content":{"rendered":"

\"5<\/p>\n

Fantasy.top, Everclear and ZERO Network announced they were winding down on Thursday, adding to a growing list of crypto companies that have closed this year.<\/p>\n

At least five crypto companies have shuttered this week as a prolonged downturn in the crypto market has put downward pressure on user activity and investor funding.\u00a0<\/p>\n

Crypto trading card platform Fantasy.top, cross-blockchain infrastructure company Everclear, and Ethereum layer-2 blockchain ZERO Network all announced Thursday that they were winding down, with their products failing to find the right fit in the market or sustain enough revenue.<\/p>\n

This came the same week Ethereum infrastructure firm Syndicate Labs announced it was winding down<\/a> after five years in a shrinking rollup market, and crypto ATM company Bitcoin Depot filed for bankruptcy<\/a> in the US on Monday, citing financial strain and regulatory pressure.\u00a0<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Fantasy.top, Everclear and ZERO Network announced they were winding down on Thursday, adding to a growing list of crypto companies that have closed this year. At least five crypto companies have shuttered this week as a prolonged downturn in the crypto market has put downward pressure on user activity and investor funding.\u00a0 Crypto trading card […]<\/p>\n","protected":false},"author":1,"featured_media":602825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-602824","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/602824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=602824"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/602824\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/602825"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=602824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=602824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=602824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}