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 Crypto VC Paradigm raises $1.2B to push into AI July 9, 2026 Bitcoin Depot discloses $3.7M BTC theft in cybersecurity breach April 9, 2026 Metaplanet raises $255M and adds warrant structure for Bitcoin buys March 16, 2026