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Botanix, Bitcoin layer 2 backed by Polychain Capital, shuts down

Botanix, a Bitcoin layer 2 solution backed by Polychain Capital, has announced its closure.

Published 9sem1 sourceNotable
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20s

The fact

The project faced difficulties in Bitcoin's decentralized DeFi ecosystem, confronted with technological and economic challenges.

This shutdown illustrates the viability challenges facing emerging crypto infrastructure projects.

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Auto-synthesis from 1 media source · identified on June 10, 2026
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