Gate News: On April 7th, affected by the bear market, 21 crypto projects recently announced closures or significant service reductions, covering DeFi, NFT, wallets, and gaming sectors. In the wallet sector, Leap Wallet will fully shut down all products on May 28th, and users are advised to migrate assets to Keplr or MetaMask as soon as possible. Magic Eden has decided to shut down ME Wallet, focusing on the NFT marketplace and infrastructure on Solana; the wallet service will cease on May 1st. Regarding NFT platforms, Nifty Gateway and Sound xyz have respectively closed some operations due to market changes and strategic adjustments. In the DeFi sector, Angle Protocol has halted its stablecoin business due to decreased activity and increased competition; ZeroLend and Polynomial Finance have scaled back services due to insufficient liquidity and low trading volume. Among gaming projects, Fantasy Top plans to shut down non-core features in mid-June to focus resources on prediction market games; projects like Runiverse, Pixiland Social, and others have paused blockchain-related activities due to high development costs and regulatory uncertainties. Additionally, projects such as Dmail, Yupp AI, and DataHaven have been forced to exit due to funding issues or market changes. Industry insiders believe that this industry reshuffle is a necessary reorganization, and future Web3 projects that prioritize practical utility and sustainable economic models will be more competitive. #Gate广场四月发帖挑战