POPA ReconBotanix to Shut Down Its Bitcoin L2 Network on July 9
Botanix to Shut Down Its Bitcoin L2 Network on July 9 Botanix is winding down its network after four years of building a Bitcoin-focused L2. The team said users should withdraw BTC and other assets before July 9, 2026, before the federation sweeps remaining funds. The project launched Spiderchain and later Dynafed, claiming a year of mainnet uptime, zero security incidents, 25M transactions, 200K wallets, and tens of millions in assets moved across the chain. It also integrated with names like Chainlink, Morpho, GMX, Dolomite, Fireblocks, Alchemy, Galaxy, and OKX Wallet. Botanix said the m…
The excerpt is quoted from a public Telegram channel, which owns its text.