The consumer-focused blockchain will close Dec. 15 after Igloo spent tens of millions supporting it, days after Blast said its own network was no longer worth operating. Igloo will shut down its Abstract blockchain on Dec. 15 after losing tens of millions of dollars funding the Ethereum layer-2 network. Users must move their assets before the shutdown or risk losing access to them, with about $76 million remaining on the network as of Wednesday. Abstract processed more than 325 million transact…
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