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Massive Fortinet Firewall Breach Exposes Major Global Organizations to Russian-Speaking Attackers Tropical Storm Arthur Brings Heavy Rains to Gulf Coast Labor Department Warns States on Unemployment Fraud, Threatens Funding Withholding Quantum Computing Progress: Promises of Error Correction and Shifting Claims of Advantage California Accuses AT&T of Lying to FCC Over Copper Network Shutdown AI Agents Train Robots Autonomously, Achieving High Success Rates Tesco Sues Broadcom Over Alleged "Abusive Conduct" After VMware Acquisition VSCO Launches Studio Pro to Compete with Adobe for Professional Photographers Roelof Botha Joins SpaceX Board of Directors Snap's AR Glasses 'Specs' Launch Amid Stock Plunge and High Price Concerns Massive Fortinet Firewall Breach Exposes Major Global Organizations to Russian-Speaking Attackers Tropical Storm Arthur Brings Heavy Rains to Gulf Coast Labor Department Warns States on Unemployment Fraud, Threatens Funding Withholding Quantum Computing Progress: Promises of Error Correction and Shifting Claims of Advantage California Accuses AT&T of Lying to FCC Over Copper Network Shutdown AI Agents Train Robots Autonomously, Achieving High Success Rates Tesco Sues Broadcom Over Alleged "Abusive Conduct" After VMware Acquisition VSCO Launches Studio Pro to Compete with Adobe for Professional Photographers Roelof Botha Joins SpaceX Board of Directors Snap's AR Glasses 'Specs' Launch Amid Stock Plunge and High Price Concerns

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Polychain Capital

Estable1 noticias1 fuentesÚltima actualización: 10.06.2026

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Botanix, Layer 2 Bitcoin, Closes Down After Less Than a Year

10.06.2026Resumen IA

Botanix, Layer 2 Bitcoin, Closes Down After Less Than a Year

Botanix, a Bitcoin Layer 2 project backed by Polychain Capital, is shutting down due to lack of users and revenue. The platform, launched in July 2025, struggled to attract users, with network fees failing to cover infrastructure costs. This mirrors challenges faced by other Bitcoin Layer 2 solutions like Stacks and Ordi, as users opt for Ethereum's DeFi ecosystem, often via wrapped Bitcoin (wBTC).

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