Pudgy Penguins Parent Igloo to Shut Down Abstract Ethereum (ETH) L2 After Millions in Losses
Abstract, a consumer-oriented Ethereum layer-2 network backed by Pudgy Penguins parent Igloo Inc., will cease operations on December 15, 2026, after the company concluded that the project could not be sustained. The decision, announced on October 6, ends an effort to turn a well-known digital… Read More
Read more in: Blockchain & Digital Assets | Tagged Abstract, eth, ethereum, founders fund, Igloo, pudgy penguins