Abstract ABS

피린이1d ago

✔️ Crypto projects shutting down services in succession Recent news of multiple crypto projects ending services and asset withdrawal deadlines. 🔴 Service closures and transitions • Scroll: planning public L2 shutdown, pivoting to AI-exclusive network • Lisk: 11/3 withdrawal deadline • Recall: service closure and token burn, 11/30 staking withdrawal deadline • Iron Fish: network shutdown due to critical security vulnerability 📅 Scheduled closure dates • Blur: 11/12 website shutdown (protocol maintained) • Echo Protocol: 11/14 • Sophon: 11/25 asset withdrawal deadline • Abstract: 12/15 • StandX: 1/31/2027 (airdrop claim until 12/31)

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하양이아빠의 암호화폐이야기1d ago

[368 crypto projects shutting down operations this year...DeFi accounts for 30%] Crypto data platform RootData revealed 368 crypto projects shut down operations this year. This represents an increase of 244 from August. Among these, 85 (23.1%) issued direct shutdown announcements, while the remaining 283 (76.9%) were classified by RootData through operational analysis. The list includes Blast (BLAST), Abstract, Balancer (BAL), Goldfinch, CoinEx, BitMEX and more. Of these, 37 projects had raised over $10M, 94 projects over $1M. By category, DeFi had the most with 110 (29.9%), followed by infrastructure 64 (17.4%), AI 27 in order. Among infrastructure projects Layer1 and Layer2 each had 13. -CoinNews

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로우나의 코인방2d ago

😈 Abstract participants requesting Walmart remove Pudgy doll sales. After Luc4net unilaterally terminated Abstract, many Pengu-related boycotts are underway. Most notably, requests to withdraw Pudgy Penguins product sales from Walmart, and SEC Regulatory Compliance Committee reports to block PENGU IPO are in progress. When fans turn into antis, you see how scary it gets—but Luc4net just keeps evading the situation, which is really sad. Due to the wrong decision of terminating Abstract and no compensation whatsoever, Pudgy's image is essentially ruined, and NFT prices have widened the gap so much compared to the BAYC it was competing with. It's rare to destroy everything in an instant like this—quite impressive.

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취미생활방2d ago

Abstract shutdown inside story, supposedly revealed soon, but will it be? The core of this exposé tweet is simple: it's about Luca's Abstract shutdown betrayal and gaslighting, and a few months ago some people who got heavily burned on Abstract had a call with Luca, and the main criticism is that Luca used sweet-talking to mesmerize people into staying locked on the chain. Just looking at the comments from the person with the red background profile who showed up in the mentions, you can see the situation at the time: "Those calls were really tough. I was about to wrap things up and leave, but I ended up getting dragged back in for nothing. While everyone else was playing around on Robinhood, I stayed stuck with Abstract till the end." But then Luca himself showed up in the comments saying "I didn't know back then." (If you have any conscience at all, shut up) Moreover, on a comment saying "I guess we can only find out the truth about this situation a few years down the line when all the legal issues are resolved," Luca answered "It'll be revealed way sooner than that." And when asked "Why aren't you communicating and just keeping your mouth shut," he answered "You'll understand everything when you look back later," throwing a cryptic tidbit. Even stretching it a hundred times and assuming Luca really didn't know about the shutdown, the final decision-maker and CEO we know is Luca, but he didn't know? That means there was actually someone above Luca, a real owner or decision-maker. In fact, many Abstract internal team members also said they didn't know about the shutdown until the day of the announcement, and because of that, the CEO Luca took all the blame. On the premise that what Luca says is true, it's not entirely impossible that Luca himself was also belatedly notified of a decision being pushed down from above. If this is true, then Abstract's internals were already rotting from a few months ago, and the reason for the silence now could be that they're about to drop something soon. Of course, if this scenario isn't the case? Then they're just trying to survive because the public sentiment isn't good, passing the buck to the end without taking responsibility... whatever

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