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Pudgy Penguins' Ethereum Layer-2 Abstract Is Shutting Down

Decrypt·October 6, 2026·1 min read
Pudgy Penguins' Ethereum Layer-2 Abstract Is Shutting Down

Pudgy Penguins' Ethereum layer-2 Abstract will shut down Dec. 15, citing that a chain focused solely on consumer crypto proved unsustainable. Users are urged to bridge their assets off before the shutdown date. The closure marks a notable retreat in the consumer crypto space.

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