Crypto Industry Grapples with Revenue Shift and Zombie Contracts
Gemini posted a $107.7M Q2 2026 net loss as services revenue rose 149% YoY to $23.5M and exchange revenue fell 38% to $12.5M.
This mix shift highlights the need for revenue diversification in the crypto industry.
Aztec Connect's deprecated RollupProcessorV3 lost $2.1-$2.3M, spotlighting 'zombie' DeFi contracts that stay live on-chain and how teams can safely retire them.