Crypto Bear Market Claims Two More as Linera and Switchboard Shut Down

Two crypto projects disappeared from the active development map within 24 hours, as Linera and Switchboard announced that they were shutting down operations.The closures come as the crypto bear market continues to pressure projects that once looked built to last. RootData is already tracking more than 260 crypto projects that have been buried in 2026, although its list includes bankruptcies, announced closures and projects that have simply gone dormant.Linera, an a16z-backed layer-1 network, ann