Search Results for "Pudgy Penguins"

Ethereum Layer 2 Bloodbath: Pudgy Penguins' Abstract Shuts Down Days After Blast

Abstract, the consumer-focused Ethereum layer 2 backed by Pudgy Penguins parent Igloo, will shut down on Dec. 15 after its parent company spent tens of millions supporting it. The closure comes just d…

Pudgy Penguins' Ethereum Layer-2 Abstract Is Shutting Down

Abstract will shut down Dec. 15, saying a chain focused solely on consumer crypto proved unsustainable, and is urging users to bridge their assets off before then.