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DeFi, Staking & Yield
Protocols, APYs, risks, and security across decentralized finance.
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Abstract Announces Shutting Down Its Chain: With a Brand and Users, Why Is It Still Unable to Sustain a Chain?
5+ day, 18+ hour ago (1203+ words) On October 6, Pudgy Penguins' parent company Igloo Inc. announced that its Ethereum L2 network, Abstract, will gradually cease operations, with the mainnet scheduled to shut down on December 15. After the cutoff date, assets remaining on the chain will be inaccessible. This…...