A weathered Bitcoin coin on a cracked desert floor, symbolizing the challenges facing Bitcoin DeFi.
Bitcoin News

Botanix shutdown: Does Bitcoin DeFi have a demand problem?

The recent closure of Bitcoin layer-2 scaling platform Botanix has reignited a long-standing debate within the cryptocurrency industry: do Bitcoin holders actually want decentralized finance on Bitcoin? After nearly four years of development and a year of live mainnet operation, Botanix announced it was winding down, citing insufficient user demand and fee generation to sustain […]