Tag · 3 entries
shutdown
Every story this desk has filed under shutdown, most recent first.
Chains · Shutdowns
Abstract Becomes the Second Ethereum Layer 2 to Announce Its Closure in a Week
The Pudgy Penguins-backed consumer chain will stop on 15 December after Igloo spent tens of millions supporting it. Blast said days earlier that running its own network was no longer worth it.
Chains · Shutdown
Blast Shuts Down Its Layer 2 With $63.5m Still Sitting in the Bridge
The Ethereum layer 2 once held more than $2bn in assets. It is now winding down because running it costs more than it earns, and users have until 26 October to withdraw through the app.
Launches · Shutdowns
Printr Winds Down and Cancels the Token It Promised
The omnichain launchpad says it will cease operations by 31 August, with no token generation event and no airdrop, having raised $4.5m last October and booked 84% of its lifetime fees in one month.