Abstract, a Pudgy Penguins-backed consumer-focused Ethereum Layer 2, will shut down on Dec. 15, 2026, after losing tens of millions of dollars.SummarySubscribe to TodayOnChain membership to read full news summaries and browse without display ads.
China Could Trigger the Next Bitcoin Supercycle: What's Stopping It?
Conduit sues Tether over allegedly freezing $2.8M without explanation
Winklevoss-backed Zcash ETF files with SEC for Nasdaq listing
US services price gauge hits a four-year high, clouding Bitcoin’s rate-relief outlook
Pudgy Penguins-backed Ethereum L2 Abstract to shut down after losing ‘tens of millions’
3 countries control 66% of Bitcoin mining, but 1 rival is gaining
UK names 6 banks to lead first digitally native government bond
Winklevoss Plans a Zcash ETF 10x Cheaper Than Grayscale
FinCEN drops crypto mixing proposal as backlash kills rule
Russia’s digital ruble accounts top 220K in first month, nearly 4X central bank forecast
