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Pudgy Penguins-backed Ethereum L2 Abstract to shut down after losing ‘tens of millions’
First reported Source: The Block + 1 moreLast editorial activity
What happened
Users must bridge assets off before then.
Sources & evidence
- The Block Reporting source
Pudgy Penguins-backed Ethereum L2 Abstract to shut down after losing ‘tens of millions’ ↗
https://www.theblock.co/news/ecosystems/2026-10-06-abstract-ethereum-layer-2-shutting-down-pudgy-penguins-igloo-417855 - Decrypt Reporting source
Pudgy Penguins' Ethereum Layer-2 Abstract Is Shutting Down ↗
https://decrypt.co/380225/pudgy-penguin-ethereum-layer-2-abstract-shutting-down