Zombie Mode refers to a situation where a cryptocurrency project continues to operate or exist without any active development, support, or community engagement. In this state, the project may still have some value or token liquidity, but it lacks the necessary updates, improvements, or leadership to thrive.Often, projects enter Zombie Mode when the original team abandons it, possibly due to financial constraints, loss of interest, or failure to meet initial goals. As a result, the community may feel disillusioned, leading to decreased activity and investment.In Zombie Mode, a cryptocurrency can linger for extended periods, trading at low volumes. While some investors might still hope for a revival, most projects in this state are unlikely to regain momentum without a significant overhaul or new leadership. This highlights the importance of active development and community engagement in maintaining a cryptocurrency’s health and sustainability.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the