Pudgy Penguins' parent company Igloo is shutting down its Abstract blockchain on Dec. 15 after losing tens of millions of dollars.
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 joins a wave of rollup shutdowns and migrations as weak fee revenue turns infrastructure costs into an existential ...