Pudgy Penguins’ Crypto Network Is Shutting Down, Here’s What Users Need to Know

Igloo Inc., the company behind Pudgy Penguins, will shut down its Abstract blockchain on Dec. 15, 2026. The company said it lost tens of millions of dollars funding Abstract over about 18 months. Abstract is the second Ethereum layer-2 network to announce a shutdown within a week, following Blast. Users must move their assets.