Ethereum ETH

Cointelegraph4 hours ago

Kalshi’s 15-min gold markets overtake Ether just weeks after launch

Gold recorded 542 million contracts and an estimated $5 million in fees in September, surpassing Ether’s 318 million contracts and $2.6 million, though Bitcoin remained far ahead.

CoinDesk5 hours ago

Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week

The consumer-focused blockchain will close Dec. 15 after Igloo spent tens of millions supporting it, days after Blast said its own network was no longer worth operating.

Cointelegraph12 hours ago

Conduit sues Tether over allegedly freezing $2.8M without explanation

The lawsuit alleged that Tether froze USDt funds in a Conduit wallet tied to an investigation launched by Brazilian authorities in 2024.

Decrypt13 hours ago

Pudgy Penguins' Ethereum Layer-2 Abstract Is Shutting Down

Abstract will shut down Dec. 15, saying a chain focused solely on consumer crypto proved unsustainable, and is urging users to bridge their assets off before then.

The Block13 hours ago

Pudgy Penguins-backed Ethereum L2 Abstract to shut down after losing ‘tens of millions’

Abstract, the Pudgy Penguins-backed Ethereum L2, will shut down on Dec. 15. Users must bridge assets off before then.

Decrypt14 hours ago

Tether Hit With Lawsuit Over $2.76 Million Stablecoin Freeze

The payments firm alleges Tether froze its treasury wallet on its own initiative over a Brazilian investigation it has no connection to—and has profited from the reserves while refusing to release the funds for more than a year.