
Bitcoin.com News|Mar 27, 2025 16:31
Linear Finance shuts down 🔻
Cross-chain synthetic asset protocol Linear Finance has officially announced its closure, citing financial struggles and unsustainable funding.
A major blow came with Binance delisting its LINA token, causing a 65% price drop. Despite early success in 2019-2020, the project relied heavily on founders' personal funds to stay afloat.
What are your thoughts on this shutdown? Let us know!
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