Abstract Shutdown Set for Dec. 15 as Igloo Reports Tens of Millions in Losses

TLDR: Abstract will shut down on December 15, 2026, and funds not bridged by then will become inaccessible. Igloo said it lost tens of millions of dollars over two years while seeking profitability for the chain. Users can bridge assets through the Migration Hub or the native bridge, which has a three-hour delay.  Igloo will [...]

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