Crypto Projects Shut Down: Holders Urged to Move Assets Off Exchanges
Crypto holders are advised to take precautions as a growing list of projects have shut down or announced wind-downs in 2026. The affected projects include Dango, BitMEX, ODOS, Movement Labs, SecondFi, Xenea, AscendEX, Zapper, Ctrl Wallet, Loopring, Polygon zkEVM, Sophon, Ionic, Soundness, Swell, Powerloom, Satori, Ventuals, Fishing Frenzy, Pudgy Party, Botanix, Hyli, Radiant Capital, Zero Network, Everclear, Syndicate, Fantasy, Legend, Phi, Carrot, Genso Online, Luckio, Beets, Mint Blockchain, Pixel Heroes Adventure, XOCIETY, 77-Bit, Opulous, Foundation, Megaphone, Seamless Protocol, Intergaze, Dmail, Leap Wallet, Fey, Magic Eden Wallet, Pixiland, Yupp AI, Bit-com, MilkyWay, Tally, Blockfills, Genome Protocol, Datahaven, Angle Protocol, Step Finance, Remora Markets, Parsec, Zeroland, Polynomial, NGS, Entropy and Slingshot. It is essential for long-term holders to move their assets off centralized exchanges due to the risk of shut-downs, which can leave users with limited time to withdraw funds.
The KuCoin team recommends storing crypto in self-custody wallets for better security. Furthermore, using a hardware wallet is also advised as it provides an additional layer of protection. Even if a hardware wallet company stops operating, the crypto can still be recovered using the recovery phrase in another compatible wallet.