In brief

  • Abstract is shutting down on December 15 due to low liquidity. What will happen to the remaining funds?

  • The Pudgy Penguins NFT floor rose to 3.37 ETH after the news. How did PENGU react?

  • Igloo lost tens of millions in funding from Abstract. Where will it focus now?

Read the original story: Abstract’s shutdown lifts the Pudgy Penguins NFT floor but weighs on its token, by Kamina Bashir, on no.beincrypto.com