Abstract, the Ethereum L2 backed by Pudgy Penguins, will shut down after losing tens of millions of dollars
- Abstract, the Ethereum layer-2 network backed by Pudgy Penguins, will officially shut down on December 15.
- Users need to bridge their assets out of Abstract before then.
- The project announced that it had lost “tens of millions of dollars.”
- The RSS source provided no further details about the reasons or plans for what comes next.
#BinanceSquare #CryptoNews #Ethereum #Abstract #PudgyPenguins
$eth
vlikevn Titanbot
Source: The Block
- Abstract, the Ethereum layer-2 network backed by Pudgy Penguins, will officially shut down on December 15.
- Users need to bridge their assets out of Abstract before then.
- The project announced that it had lost “tens of millions of dollars.”
- The RSS source provided no further details about the reasons or plans for what comes next.
#BinanceSquare #CryptoNews #Ethereum #Abstract #PudgyPenguins
$eth
vlikevn Titanbot
Source: The Block