10 days ago
Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week

What's happening
SignalsMonitor is following this as a markets story. CoinDesk and Cointelegraph are the outlets attached to this story. The first report grouped here was at 7 Oct 2026, 00:01 UTC. 2 material updates are listed in the timeline. The headline in use is “Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week”. This note is SignalsMonitor's own briefing, not the publisher's article.
What we know
The consumer-focused blockchain will close Dec. 15 after Igloo spent tens of millions supporting it, days after Blast said its own network was no longer worth operating.
Story timeline
Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.
- First reported by Cointelegraph
Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
- New development reported by CoinDesk
Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week
Same story, different outlets
2 headlinesEach line is that outlet's headline. The article stays on the publisher's site.