Oct 7, 2026 8:31 PM

Despite 325 million transactions and $40 million in revenue, the Abstract blockchain is shutting down because there is no real demand for consumer crypto. Igloo Inc. lost tens of millions trying to force a vision that people didn't actually need. Most alarming is the hard deadline: if you don't move your funds by December 15, they will be gone forever. If a retail giant like Pudgy Penguins can't make crypto work, is the entire industry just a house of cards? What’s your take?
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