Abstract Testnet Goes Live and Secures $11M Funding: What to Expect from Pudgy Penguins' New Blockchain Venture
Pudgy Penguins' Igloo has raised $11 million to launch Cube Labs and build Abstract, a Layer 2 Ethereum blockchain using advanced zero-knowledge cryptography for fast and cheap transactions. Abstract aims to combine Pudgy Penguins' successful growth strategy with robust technology to make blockchain more accessible and mainstream.
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