CryptoCoinDeskabout 2 hours ago
Igloo Shuts Down Pudgy Penguins Abstract
4 min read
Igloo Inc. shuts down its Pudgy Penguins Abstract Ethereum layer-2 network on Dec. 15 due to limited DeFi ecosystem and thin liquidity. Approximately $76 million in assets remain on the chain, requiring users to bridge funds before they become inaccessible.
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