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      NEW: Abstract, a consumer-focused Ethereum layer-2 network, said it will wind down operations and

      NEW: Abstract, a consumer-focused Ethereum layer-2 network, said it will wind down operations and shut down the chain on Dec. 15, citing stagnant growth, thin liquidity, a restricted DeFi ecosystem and limited institutional adoption.The project said users must bridge their assets off Abstract before the shutdown date or risk losing access to their funds.

      Source: The Block
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud