Ethereum Layer 2 Pudgy Penguins Shuts Down
@PudgyPenguins’ Abstract has shut down due to stalled growth and low trading activity, shifting focus to digital collectibles and PENGU cryptocurrency. #Update #Crypto $PENGU
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@PudgyPenguins’ Abstract has shut down due to stalled growth and low trading activity, shifting focus to digital collectibles and PENGU cryptocurrency. #Update #Crypto $PENGU
The Ethereum Economic Zone showcased an atomic L1-to-L2 transfer on mainnet, marking a milestone in interoperability tech. #Update #Crypto $ETH
Abstract, an Ethereum layer-2 from Pudgy Penguins’ parent company Igloo Inc., will shut down on Dec. 15 due to limited DeFi ecosystem and liquidity issues. #Update #Crypto
Startale Japan launches a ¥99.9M digital bond paying 5% interest in JPYSC stablecoin, testing regulated stablecoin settlement in corporate bonds. #Update #Stablecoin
@Polymarket is rolling out Protocol V2, enhancing its smart contract system with pUSD as the sole collateral token and introducing upgradeable contracts for new features. #Update #Crypto $pUSD
Ethereum’s Glamsterdam upgrade has launched on the Sepolia testnet, enhancing scalability with proposer-builder separation and block-level access lists, ahead of mainnet activation. #Update #Crypto $ETH
The Ethereum Economic Zone (EEZ) successfully tested an atomic transaction between Ethereum mainnet and a layer-2 network, marking a significant milestone for cross-chain interactions. #Update #Crypto $ETH
Ethereum developers released a last-minute software update for the Glamsterdam test on Sepolia, raising the gas limit from 60 million to 200 million to enhance transaction capacity. #Update #Crypto $ETH
The SEC approved Cboe’s listing of six 3x leveraged funds tracking Bitcoin, Ethereum, gold, silver, crude oil, and natural gas on October 2. #Update #Crypto $BTC
@BitmineImmersionTech added $41M in $ETH, now holding over 4.9% of supply, nearing its 5% target. @Strategy and @Strive also announced significant $BTC buys. #Breaking #Crypto $ETH
Bitmine Immersion Technologies buys $41M more Ethereum, reaching 99% of its “Alchemy of 5%” target with total holdings at $17.4B. #Breaking #Crypto $ETH
Bitcoin approaches liquidity pools at $87,249.6 and $87,385.1 after support at $82,500; Ethereum remains weak below $2,779.00. Volatility expected from Fed minutes and geopolitical tensions. #Update #Crypto $BTC $ETH
Bitcoin regains $86,000, nearing an eight-month high, as traders monitor dollar strength; Ethereum’s “Glamsterdam” upgrade on Sepolia is underway. #Update #Crypto $BTC $ETH
Ethereum has a 25-day wait for staking with about 1.5 million ETH queued, as MetaMask’s security incident affects roughly 17,000 validators. Lido expects gradual returns of staked ether over 45 days. #Update #Crypto $ETH