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Pudgy Penguins’ parent firm shuts down its own blockchain

Protos·October 7, 2026·1 min read
Pudgy Penguins’ parent firm shuts down its own blockchain

Pudgy Penguins' parent company, Igloo Inc, shut down its own Abstract Chain after it cost the firm tens of millions of dollars to keep afloat. The shutdown marks a significant retreat from blockchain infrastructure, focusing resources on core NFT and consumer products instead.

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