Crypto
Abstract Layer 2 Network to Shut Down in 2026
The Ethereum Layer 2 network Abstract will shut down on December 15, 2026, after failing to find a viable business model despite significant investment.
October 7, 2026, 12:03 PM·ForkLog
#abstract
Crypto
Abstract Blockchain to Cease Operations as Igloo Inc. Shifts Strategy
The Abstract blockchain is shutting down on December 15, 2026, prompting parent company Igloo Inc. to pivot its focus back to the Pudgy Penguins NFT collection and the PENGU token.
BeInCrypto
Crypto
Abstract Blockchain to Cease Operations Following Financial Losses
Consumer-focused layer-2 blockchain Abstract will shut down on December 15, 2026, after incurring tens of millions of dollars in losses.
Cointelegraph
Crypto
Igloo Inc. to Shut Down Abstract Layer-2 Network
Igloo Inc. is shutting down its Ethereum layer-2 network, Abstract, on December 15, citing the unsustainability of its consumer-focused business model.
Decrypt
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