Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi
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.
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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.
Why this matters
Bitcoin is showing up inside the DeFi theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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