Abstract Shuts Down on December 15, 2026, after citing stagnant growth, thin liquidity, and limited institutional adoption.

Abstract, the Ethereum Layer 2 built by Pudgy Penguins parent Igloo Inc., will shut down on December 15, and the team has told users that any funds still on the chain by that date will become ...

On October 6, 2026, Igloo Inc. (the parent company of Pudgy Penguins), which operates the Ethereum Layer 2 'Abstract,' ...

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