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Pudgy Penguins Team to Shutter Ethereum Layer 2 Network Abstract
Another Ethereum Layer 2 chain bites the dust: Just days after the creators of the once-hyped Blast said they’re shutting down the scaler, Abstract is about to follow suit. On Tuesday, Igloo Inc.

Why it matters
A single-asset headline is not a market-wide fact. Check the tape, dominance, and whether the move is cash, derivatives, or a story premium.
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