#bitcoin layer 2

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Mentions — Jun 4, 2026 – Jun 10, 2026

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The Defiantbotanix hyli zk blockchain zero-knowledge technology

Hyli Winds Down Two-Year ZK Blockchain Project, Citing Lack of ZK Traction

ZK blockchain project Hyli is shutting down after two years, with the team citing weak demand for zero-knowledge technology. The closure comes the same day Botanix wound down its Bitcoin Layer 2.

Jun 10, 4:31 PM

Crypto Newsmainnet bitcoin defi botanix labs

Botanix shuts down Bitcoin Layer 2 after four-year push into Bitcoin DeFi

Botanix Labs has announced the shutdown of its Bitcoin Layer 2 network after reporting 25 million transactions and 200,000 wallets during its year-long mainnet operation. The team said user demand was not sufficient to sustain the network economically. In a…

Jun 10, 10:04 AM