Keith Grossman Warns Crypto Must Prove Its Value as 100+ Projects Fold in 2026

Crypto is now experiencing a dot-com-style shakeout, with more than 100 projects reportedly shutting down, filing for bankruptcy, or disappearing in 2026, MoonPay President Keith Grossman warned on August 10. According to him, the slump is forcing crypto companies to ask themselves a fundamental question: Are they developing products that people actually need? Drawing Lessons From Past Busts In a post on X that quote…