STORJ drops 20% as Storj Labs files Chapter 11 bankruptcy
The July cluster now includes Storj, BitMEX, Movement Labs, Poolin and BitMart, a reminder that the crypto shutdown wave is hitting infrastructure, not just tokens.
Every Zipp story tagged #DecentralizedStorage, newest first.
The July cluster now includes Storj, BitMEX, Movement Labs, Poolin and BitMart, a reminder that the crypto shutdown wave is hitting infrastructure, not just tokens.
Storj is the fourth crypto firm in seven days to fail or wind down, and the only one offering token holders equity in the restructured business; that alone makes this filing worth watching.