Protos·
Pudgy Penguins’ parent firm shuts down its own blockchain
Pudgy Penguins' parent company, Igloo Inc, shutdown its own Abstract Chain after it cost the firm tens of millions of dollars to keep afloat.
Also covered by 11 outlets
- The Block ↗Pudgy Penguins-backed Ethereum L2 Abstract to shut down after losing ‘tens of millions’
- Decrypt ↗Pudgy Penguins' Ethereum Layer-2 Abstract Is Shutting Down
- Crypto Briefing ↗Abstract, Igloo Inc.’s Ethereum layer-2, to shut down December 15
- The Defiant ↗Abstract to Shut Down Ethereum Layer 2 on Dec. 15
- Unchained ↗Pudgy Penguins Owner Is Shutting Down Its Abstract Chain, Where $47 Million Still Sits
- Cointelegraph ↗Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
- Crypto Briefing ↗Pudgy Penguins parent Igloo shuts down Abstract after tens of millions in losses
- BeInCrypto ↗Abstract's Shutdown Lifts the Pudgy Penguins NFT Floor but Weighs on Its Token
- CoinDesk ↗Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week
- CryptoSlate ↗Why Abstract is killing its Ethereum L2 instead of launching a token to save it
- Bitcoin.com News ↗Pudgy Penguins Team to Shutter Ethereum Layer 2 Network Abstract
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