CoinsAQ summary · neutral
Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week
What happened
The company behind Pudgy Penguins, the digital collectibles and toy brand, is closing its Abstract blockchain after losing “tens of millions of dollars” funding it, becoming the second Ethereum-linked network in less than a week to announce a shutdown. Abstract will stop.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
Attacker Drains About $437,000 in Collateral From Premia Vaults
Two Arbitrum transactions drained about $437,000 in net collateral from six Premia options vaults, leaving small directly held token balances.
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses While the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used "thousands addresses," and expects this.
US Sanctions Two Russians Over North Korean IT Workers’ Crypto Cash-Outs
The US action targets the cash-out stage of a scheme that the UN estimates generates $250 million to $600 million annually for North Korea.