Nft
Igloo Winds Down Abstract After Tens of Millions in Losses
TokenPost·October 7, 2026·1 min read
Igloo is winding down Abstract after tens of millions in losses. The Pudgy Penguins parent will redirect resources to Pudgy Penguins, its NFTs, and PENGU token after Abstract failed to find a scalable path forward. The move marks a strategic retreat from the layer-2 project.
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