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Igloo will shut down Pudgy Penguins’ Abstract Ethereum layer 2 on Dec. 15 after spending tens of millions of dollars supporting it. Users must move assets before the deadline, with about $76 million still held on the network, according to data cited by CoinDesk.
Abstract, the consumer-focused Ethereum layer-2 backed by Pudgy Penguins parent Igloo, will shut down on Dec. 15, 2026, after losing tens of millions of dollars and failing to find product-market fit despite users, brands and more than 144 applications.
Abstract, the Ethereum layer-2 built by Pudgy Penguins parent Igloo Inc., will shut down on Dec. 15. Users must move assets before then because funds left on the network will become inaccessible, as the project cites weak liquidity, limited DeFi and insufficient scale.
The post Pudgy Penguins Price Prediction 2026, 2027–2030: How High Can PENGU Go? appeared first on Coinpedia Fintech News Story Highlights The PENGU price today is The token could hit $0.02315 in 2026 and reach $0.789 b...
The post Pudgy Penguins Presents Likely Final Buying Chance Before 44% Breakout appeared first on Coinpedia Fintech News Pudgy Penguins (PENGU), Solana’s top meme coin by market cap ($592.6 million), has printed what is...
Bitcoin fell 2% to $91,100 as major cryptocurrencies weakened amid tariff-related market turmoil. Bitcoin ETFs saw $394 million in net outflows on Friday, while Ethereum ETFs attracted $4.7 million. The NYSE also began preparing for 24/7 tokenized stock trading.
