By Hassan Shittu Key highlights: Abstract is shutting down Dec. 15 despite $6B+ in DEX volume, 400,000+ users, 300M+ transactions, and $11M raised Igloo (Pudgy Penguins’ parent) absorbed “eight-figure losses” over 18 months of funding Abstract and deliberately declined to launch a token Abstract joins Blast (wound down after TVL fell from $2B to $32M) […]
Tag: TVL
By Chainwire [PRESS RELEASE – New York, NY, September 28th, 2026] BNB Chain has appointed Thomas Chen as Chief Business Officer, a new leadership role focused on revenue strategy, institutional partnerships, and long-term value accrual for the BNB Chain ecosystem. The appointment comes as traditional finance moves onchain in earnest. Banks, asset managers, and payment […]
By Aliyu Pokima Key highlights: Coinbase rebranded Base App to Coinbase Wallet, separating the wallet from the Base blockchain branding The rebrand addressed confusion over Base’s role, as Coinbase Wallet supports Bitcoin, Solana, Ethereum, and multiple EVM networks Base continues to grow, racking up $5.7 billion in TVL and 277.5 million transactions in August Coinbase […]