Crypto’s Easy-Money Era Is Ending in a Wave of Failures

Crypto raised too much, too fast. Now comes the reckoning

Inflated valuations and weak business models are driving crypto’s shakeout, Global Settlement Network CEO Ryan Kirkley says.

Crypto’s easy-money era is ending in a wave of failures

Inflated valuations and weak business models are driving crypto’s shakeout, Global Settlement Network CEO Ryan Kirkley says.

Crypto Project Shutdowns Accelerate as Boom-Era Funding Models Unravel

Crypto project shutdowns are accelerating in 2026 as weak token prices, shrinking treasuries and tighter venture capital expose business models built during the industrys funding boom. More than 100 crypto projects have shut down, filed for bankruptcy or effectively disappeared this year, according to RootData figures cited by CoinDesk. Ryan Kirkley, CEO of blockchain infrastructure firm Global Settlement Network (GSN), argues many failures can …