Pudgy Penguins’ Ethereum Layer-2 Abstract to Shut Down Dec 15
According to Decrypt, the Ethereum Layer‑2 platform operated by Pudgy Penguins known as Abstract will cease operations on December 15. The…
Cryptocurrency
Bitcoin, Ethereum, DeFi, blockchain, and crypto markets
Consumer Crypto Platform Abstract to Wind Down After Significant Financial Losses
According to Cointelegraph, the consumer cryptocurrency platform Abstract, supported by Pudgy Penguins, will cease operations after sustaining losses described as…
Circle Welcomes DJ Khaled to ‘Team USDC’ Amid Public Backlash
According to Decrypt, Circle announced that DJ Khaled is joining the “Team USDC” designation in a social media post. The…
Fortitude Increases Funding for Zcash Mining Operations
According to The Block, Fortitude secured priority access to Bitmain’s next-generation Zcash miners as it expands its mining capacity. The…
Zcash ETF Filed with SEC for Nasdaq Listing by Winklevoss-Backed Group
According to Cointelegraph, a fund proposed to hold the ZEC cryptocurrency directly has filed with the U.S. Securities and Exchange…
Conduit sues Tether over alleged $2.8M USDt wallet freeze
According to Cointelegraph, Conduit has filed a lawsuit against Tether alleging that Tether froze approximately $2.8 million worth of USDT…
Winklevoss group files for spot Zcash ETF with Gemini custody and 0.25% fee
According to The Block, the Winklevoss group filed for a spot Zcash exchange-traded fund under the proposed ticker WINK, using…
Conduit sues Tether over prolonged freeze of $2.76 million in USDT‑related funds
According to The Block, Conduit has filed a lawsuit in the United States District Court for the Southern District of…
Abstract Ethereum Layer 2 Backed by Pudgy Penguins to Shut Down on December 15
According to The Block, Abstract — the Ethereum L2 platform supported by Pudgy Penguins — will shut down on December 15. Users…
UK selects six banks to lead pilot for digitally native government bond
According to Cointelegraph, the United Kingdom has named six banks to serve as lead participants in the DIGIT pilot, which…