Topic: #layer-2
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Abstract, the Ethereum layer-2 built by Pudgy Penguins' parent, to shut down
Abstract, the consumer-focused Ethereum layer-2 built by Pudgy Penguins' parent Igloo Inc., said it will shut down this year. Igloo CEO Luca Netz said the company lost tens of millions without finding product-market fit.
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Pudgy Penguins' Abstract to shut Dec. 15, second Ethereum layer 2 to close in a week
Igloo, the company behind Pudgy Penguins, will shut its Abstract layer-2 blockchain on Dec. 15 after losing tens of millions of dollars, days after Blast announced its own shutdown.
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Robinhood Chain memecoin-stock pair volume hit $443M a day, then fell 96%
Daily volume in memecoin-stock token pairs on Robinhood Chain hit $443 million in early September, then fell 96% from that peak, according to CryptoQuant data reported by Crypto Briefing.
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Ethereum Economic Zone completes first atomic L1-to-L2 transaction, per report
Ethereum Economic Zone completed its first atomic L1-to-L2 cross-layer transaction on mainnet, according to a @WuBlockchain post cited by Crypto Briefing, though LeoDex News couldn't independently verify the report.
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Arbitrum Security Council pauses new Stylus activations, citing AI-assisted attacks
Arbitrum's Security Council blocked new Stylus activations on Arbitrum One and Nova on October 2, citing AI-assisted attack risks. Live Stylus apps and Solidity contracts are unaffected.
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Base's Cobalt upgrade lets B20 token issuers configure balance seizures
Base scheduled its Cobalt upgrade for mainnet on Sept. 30 at 18:00 UTC. It adds seizeWithMemo, an opt-in tool that lets B20 issuers reassign holder balances separately from transfer rules.
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Aztec Labs relaunches zk.money wallet for private stablecoin payments
Aztec Labs relaunched its self-custodial zk.money wallet on Aztec Network three years after shutting it down. Users can send USDC, USDT or DAI privately using readable ENS-based tags.
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Lightning Labs discloses critical bug marking canceled invoices as paid
Lightning Labs disclosed a critical vulnerability in older Lightning Terminal software that could mark a Bitcoin Lightning invoice as paid even after the payment was cancelled and returned to the sender, risking merchants releasing goods without receiving funds. Fixes shipped in 2025.
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Zappin launches on Robinhood Chain with 90% ETH cashback
Zappin, a Telegram-based trading bot built by OnchainLens, launched on Robinhood Chain on September 21, offering users 90% of their trading fees back in ETH for 30 days. The integration brings streamlined token swaps to the Arbitrum Orbit layer-2 network.
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Ethereum and Base abandon joint wallet standard, exposing L2 fragmentation
Ethereum and Coinbase-backed Base ended collaboration on a unified account-abstraction wallet standard in mid-September, with each network now pursuing separate technical approaches that reflect competing priorities between security and speed.
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Solana generates 16.9x more daily dApp revenue than Base
Solana's decentralized applications generated $5.14 million in daily revenue compared to Base's $304,000, a 16.9-to-1 ratio, with Solana's monthly revenue climbing 57% from May to August 2026.
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Robinhood Chain tokens vanish from wallets after purchase, Relay reports scam wave
Buyers on Robinhood Chain lost funds when tokens they purchased disappeared from wallets, according to Relay. The incidents were not private-key compromises. Relay is blocking suspicious tokens and verifying safe assets as the Layer 2 network sees increased scam activity.