Abstract shutdown is set for Dec. 15, 2026. Igloo cites high costs and weak demand. Users must bridge funds before the ...
Abstract joins a wave of rollup shutdowns and migrations as weak fee revenue turns infrastructure costs into an existential ...
Abstract says funds still on the chain after Dec. 15 will be inaccessible, ending a consumer-crypto bet that Igloo CEO Luca Netz says cost tens of millions of dollars.
Igloo, the parent company of Pengu crypto, will shut down Abstract on Dec. 15, 2026, and users must move their assets before ...
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Abstract L2 users must bridge assets out before the chain shuts on Dec. 15, 2026, after Igloo chose not to launch a token to ...