Abstract to Shut Down December 15 as Igloo Refocuses on Pudgy Penguins
Abstract will shut down on December 15 as Igloo redirects resources to Pudgy Penguins. Users must move their assets before the chain goes offline.
The NFTs & Collectibles section covers the fast-evolving world of digital art, blockchain collectibles, tokenized assets, and creative Web3 ecosystems. This category highlights major drops, marketplace trends, partnerships, creator activity, cultural moments, and innovations shaping NFT adoption. Readers gain insights into how digital ownership, art, and community-driven assets continue to redefine modern culture and the crypto economy.
Foundation, a prominent Ethereum-based NFT marketplace, is closing operations after a failed acquisition deal, highlighting ongoing challenges in the NFT market.
Yuga Labs has settled its long-running lawsuit against artists accused of copying Bored Ape Yacht Club NFTs, ending a nearly four-year legal battle.
Pudgy Penguins released Pudgy World, a browser game emphasizing smooth gameplay and narrative, with crypto elements secondary, boosting its PENGU token 9%.
A Bored Ape Yacht Club NFT purchased by Justin Bieber for $1.3 million in 2022 is currently valued at approximately $12,000.
The Tezos art ecosystem recorded strong institutional adoption and artist growth in 2025, driven by museum partnerships, global events, and NFT sales.