Pudgy Penguins parent firm shuts down its own blockchain
Pudgy Penguins' parent company, Igloo Inc, shutdown its own Abstract Chain after it cost the firm tens of millions of dollars to keep afloat.
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Pudgy Penguins' parent company, Igloo Inc, shutdown its own Abstract Chain after it cost the firm tens of millions of dollars to keep afloat.
Read more (2 min) →— Blockchain, Brazil
This weekend’s viral blockchain story about tokenizing cows to collateralize loans for farmers in Brazil fails to hold up to scrutiny.
— Blockchain, Fees
Breaking down where it all went wrong for $500M of VC investments which produce just $360 in daily fees between them.
— Blockchain, SUI
The cause of Sui Network’s third outage in 18 months remains unconfirmed with transactions paused since 13:48 UTC.
Litecoin mocked Solana's outages for years, then suffered its own chain reorg via a delayed privacy upgrade exploit.
— Blockchain, Charts
Solana has survived until its sixth birthday. Given how many outages and hacks its blockchain experienced, that feat is remarkable.
— AI, Blockchain
New research from ETH Zurich and Anthropic has demonstrated the power of AI agents to deanonymize crypto wallets using social network posts.
— Blockchain, Bybit
Bybit’s Lazarus Security Lab report says 16 blockchains have fund freezing measures while raising concerns about decentralization claims.
— Blockchain, Google
Alphabet’s Google Cloud team is launching a layer 1 blockchain, GCUL, that could compete with the XRP Ledger across many features.
— Blockchain, Solana
Solana publishes incredible statistics about its transactions despite generously defining that term to include mostly non-financial actions.