TechPudgy Penguins-backed Ethereum L2 Abstract to shut down after losing ‘tens of millions’

Abstract, an Ethereum layer-2 network backed by Pudgy Penguins, will shut down on Dec. 15 after losing “tens of millions.” Users must bridge their assets off the network before then.

AbstractEthereumlayer 2crypto

TThe Block★★☆☆☆2026-10-06 20:11Original