Abstract L2 users must bridge assets out before the chain shuts on Dec. 15, 2026, after Igloo chose not to launch a token to ...
Abstract says funds still on the chain after Dec. 15 will be inaccessible, ending a consumer-crypto bet that Igloo CEO Luca Netz says cost tens of millions of dollars.
Abstract joins a wave of rollup shutdowns and migrations as weak fee revenue turns infrastructure costs into an existential ...
Abstract will close December 15, citing thin liquidity, as Pudgy Penguins NFTs climb and the PENGU token slips.
Abstract, a consumer-oriented Ethereum layer-2 network backed by Pudgy Penguins parent Igloo Inc., will cease operations on December 15, 2026, after the ...
Abstract, Igloo Inc.'s Ethereum layer-2, shuts down December 15, 2026. Learn why it failed and what users must do before ...
In an X post, Luca Schnetzler, Igloo’s CEO, justified the move, saying they can’t bleed more money from Pudgy Penguins to ...
Airdrop farmers have now turned their Abstract L2 shutdown frustrations into an informal demand for repayment. Led by ...
Igloo, the company behind Pudgy Penguins, has announced that its Abstract blockchain will close on Dec. 15, 2026, after ...
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