Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi Post author:MiamiCrypto Post published:June 10, 2026 Post category:latest news 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. You Might Also Like Morgan Stanley sets 0.14% Bitcoin ETF fee, lowest in market if approved March 28, 2026 Privacy push as StarkWare and Sui move toward compliance-ready confidential transfers June 9, 2026 Michael Saylor signals BTC buy as Strategy’s stack slips 10% into the red March 23, 2026