Kadena Bankruptcy Sparks Aftermath of $20 Billion Crypto Liquidation

The cryptocurrency world is reeling from the news of Kadena’s bankruptcy, a consequence of the massive $20 billion market crash that has shaken the industry. This significant development marks the start of what analysts anticipate will be a wave of further project closures. The crypto community is left grappling with the impact on the once promising blockchain. The announcement confirms Kadena’s decision to cease operations following the brutal market downturn.