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Altura is an Ultimate Platform for Building and Scaling Web3 Games, that simplify game development, connect with a vibrant gaming community, and streamline monetization through developer-friendly tools and marketplace solutions.
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RootData: 99 Crypto Projects Have Already Ceased Operations or Fallen Into Long-Term Suspension in 2026
The list covers multiple crypto sectors, including trading platforms BitMart, BitMEX, AscendEX, wallet projects Family, Crtl, Leap, DeFi projects Zapper, Stream Finance, Altura, and data tools such as Parsec. Some of these projects have experienced previous market cycles and gained some attention in the past.
Altura Updates Treasury Management Progress: Redemption Remains Suspended; Unified Access Will Be Enabled After Full Asset Verification
Altura released a community update stating that redemptions remain suspended to ensure equal treatment for all AVLT holders, and will only be reopened collectively once treasury assets have been fully recovered, credited, reconciled, and independently verified. The team confirmed that no security incident has occurred and no assets have been lost.
Altura Initiates Orderly Treasury Liquidation, Processing Over $8.5 Million in Instant Redemptions
Altura CEO Ranveer Arora stated that the platform experienced an abnormally high volume of withdrawal requests in the past 24 hours, completing over $8.5 million in instant redemptions of USDT. Given the ongoing withdrawal demand and current market sentiment, Altura has decided to initiate an orderly liquidation of the Altura Treasury.
Altura CEO: Deciding to Orderly Close Altura Vault Due to Surge in Withdrawals
Odaily Odaily News: Altura CEO Ranveer posted on platform X, stating that over the past 24 hours, Altura has experienced an unprecedented scale of redemption requests and has successfully processed over 8.5 million USDT in instant redemptions. Given the ongoing redemption demand and current market sentiment, the platform has decided to initiate an orderly liquidation of the Altura vault, prioritizing user fund safety and completing all redemptions in a fair, transparent, and efficient manner.The platform has notified all counterparties and partners and has begun closing positions in its investment portfolio, including exchange holdings, private credit opportunities, and real-world asset strategies. Some positions can be redeemed instantly, while others must follow standard settlement and redemption cycles. The platform is working closely with all counterparties to accelerate the process as much as possible.Ranveer stated that the liquidation is progressing in a structured manner, with funds being gradually returned to users as underlying positions are redeemed. The team is continuing to process redemption requests over the weekend and maintaining communication with partners and users.