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Updated 09:44 AM UTC

BLAST SafeBlast

$0.00006286

$0.0₅361

(6.53%)

Today

Mkt Cap$4.81M

Vol237,887.00

About SafeBlast

Blast is the only Ethereum Layer 2 (L2) with native yield for ETH and stablecoins. Blast's yield comes from ETH staking and Real-World Asset (RWA) protocols, automatically passing the yield back to users. While other L2s have a default interest rate of 0%, Blast offers 3.4% yield for ETH and 8% for stablecoins. Blast is unique in providing builders with new building blocks: native yield and gas revenue sharing. Dapps can use these to build more competitive products and business models than on any other chain.

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Comment on the Abstract Shutdown: Whatever Can Be Switched Off Is Not Decentralised

The counter on Abstract's migration page shows 66 days, and after that the money is gone. Anyone in hospital or on a sabbatical loses out. Why the Abstract shutdown shows that in Europe the central part of the crypto market is regulated, while the decentralised part often only go...

CryptoTicker

Comment on the Abstract Shutdown: Whatever Can Be Switched Off Is Not Decentralised

CryptoTicker

More News

ICX loses its last Korean won market on October 19: the dates to watch before Upbit's trading close

Upbit halts trading in the ICX against won pair on 19 October and deletes every open order; 45 to 48 percent of worldwide ICX turnover runs through that single market. Which deadlines still follow before the ICON blockchain shuts down on 31 December, and which decision falls befo...

CryptoTicker

Abstract Chain Shuts Down December 15: Withdraw Your Funds or Lose Access

The Ethereum layer-2 built by the Pudgy Penguins team is being wound down. Whatever sits on the chain has to come off by the deadline, and the routes down carry different waiting times.

CryptoTicker

Pudgy Penguins Parent Closes Abstract Blockchain on December 15

Abstract will shut down its Ethereum Layer 2 network on Dec. 15 after failing to build a sustainable consumer crypto business. The Abstract blockchain shutdown follows 18 months of funding from Igloo Inc., which lost tens of millions of dollars. The network cited weak growth, thi...

CoinCryptoNews

Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down

ETH trades below $2,700 as Blast winds down its Layer 2. Key Ethereum support, $2,800 resistance and Glamsterdam testnet milestones to watch. The post Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down appeared first on Cryptonews.

cryptonews

Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week

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.

coindesk

Abstract to Close After Major Losses, Pudgy Penguins-Backed

Ethereum consumer-focused layer-2 network Abstract says it will shut down this year, citing a lack of product-market fit and challenges in scaling beyond its mainstream-entertainment premise. The project launched its mainnet in January 2025, aiming to make blockchain use feel sim...

CryptoBreaking

Abstract, Pudgy Penguins-Backed, to Wind Down After ‘Tens of Millions’ Losses

Abstract, a consumer-focused Ethereum layer-2 blockchain backed by Igloo Inc. and built around the Pudgy Penguins ecosystem, said Tuesday that it will shut down later this year. In a post on X, the project attributed the decision to an inability to achieve product-market fit afte...

CryptoBreaking

Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses

Ethereum layer-2 Abstract will shut down Dec. 15 after Igloo CEO Luca Netz said the company lost tens of millions of dollars without finding product-market fit.

Cointelegraph.com News

Abstract to shut down on December 15, urges users to withdraw funds

🚨 Abstract will close on December 15, urging users to withdraw funds from its network. 💥 The $ETH layer-2 project cited slow growth, thin liquidity, and difficult market conditions. 🧐 Pudgy Penguins’ parent Igloo Inc. struggled to scale the platform for everyday users. Continu...

COINTURK NEWS

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