火星财经消息，加密消费者应用 Abstract 于 X 宣布其测试网已上线，该测试网由 ZK Stack 提供支持，作为以太坊 Sepolia 测试网上的 L2 运行。开发者可以利用这个测试网来测试应用程序，确保在今年晚些时候 Abstract 主网上线前顺利运行。 此前消息，Pudgy Penguins 母公司 Igloo，Inc.宣布完成超 1100 万美元融资，Founders Fund 领投，分布式资本、1kx、Everest Ventures Group 和 Selini Capital 参投。Igloo 计划将这笔战略融资投入开发旗下的新业务 Cube Labs，Cube Labs 将监督并以贡献者的身份参与开发 Abstract，这是一条聚焦消费的全新区块链，旨在推动加密主流化，Abstract 由非盈利机构 Abstract 基金会（Abstract Foundation）孵化，让数十亿人首次上链，其测试网将很快上线。

<div><p>火星财经消息，加密消费者应用 Abstract 于 X 宣布其测试网已上线，该测试网由 ZK Stack 提供支持，作为以太坊 Sepolia 测试网上的 L2 运行。开发者可以利用这个测试网来测试应用程序，确保在今年晚些时候 Abstract 主网上线前顺利运行。 此前消息，Pudgy Penguins 母公司 Igloo，Inc.宣布完成超 1100 万美元融资，Founders Fund 领投，分布式资本、1kx、Everest Ventures Group 和 Selini Capital 参投。Igloo 计划将这笔战略融资投入开发旗下的新业务 Cube Labs，Cube Labs 将监督并以贡献者的身份参与开发 Abstract，这是一条聚焦消费的全新区块链，旨在推动加密主流化，Abstract 由非盈利机构 Abstract 基金会（Abstract Foundation）孵化，让数十亿人首次上链，其测试网将很快上线。</p></div>

Pudgy Penguins母公司旗下加密消费者应用Abstract上线测试网

According to the news from Mars Finance, the encrypted consumer application Abstract has announced that its testnet has been launched, supported by the ZK Stack and running as an L2 on the Ethereum Sepolia testnet. Developers can use this testnet to test their applications and ensure smooth operation before the launch of the Abstract mainnet later this year.

Previously, Igloo, Inc., the parent company of Pudgy Penguins, announced the completion of a $11 million funding round, led by Founders Fund, with participation from Distributed Capital, 1kx, Everest Ventures Group, and Selini Capital. Igloo plans to invest this strategic funding into the development of its new business, Cube Labs, which will oversee and contribute to the development of Abstract, a brand-new blockchain focused on consumption, aiming to drive the mainstream adoption of cryptocurrency. Abstract is incubated by the non-profit Abstract Foundation and aims to onboard billions of people onto the blockchain for the first time, with its testnet to be launched soon.

<div><p>According to Mars Finance, crypto consumer application Abstract announced on X that its testnet has been launched. The testnet is powered by ZK Stack and runs as L2 on Ethereum Sepolia testnet. Developers can use this testnet to test applications to ensure smooth operation before the launch of Abstract mainnet later this year. Earlier news, Pudgy Penguins parent company Igloo, Inc. announced the completion of more than $11 million in financing, led by Founders Fund, with participation from Distributed Capital, 1kx, Everest Ventures Group and Selini Capital. Igloo plans to invest this strategic financing in the development of its new business Cube Labs. Cube Labs will oversee and participate in the development of Abstract as a contributor. This is a new blockchain focused on consumption, aimed at promoting the mainstreaming of encryption. Abstract is incubated by the non-profit organization Abstract Foundation, allowing billions of people to go online for the first time, and its testnet will be launched soon.</p></div>

Pudgy Penguins' parent company has launched a test version of its cryptocurrency consumer application Abstract.

Original Author: He Hao, Wall Street Insights

On Thursday, US stocks plunged, with the Nasdaq falling over 2%. Some traders sold precious metals to offset losses in the stock market, causing gold, silver, copper, platinum, and palladium to decline sharply. The US dollar index rose slightly.

Amid renewed concerns about whether massive investments in artificial intelligence can truly be implemented on a large scale, US tech stocks declined. Metal prices suddenly fell due to suspected algorithmic trading selling, forcing some investors to exit commodity positions, including metals, to obtain liquidity, while some funds turned to US Treasury bonds for safety.

Spot gold fell as much as 4.1%, and silver plummeted 11...

Gold fell more than 4% at one point, and silver plummeted 11%, as a sharp drop in US stocks triggered a sell-off in algorithmically traded precious metals.

Coinbase, a leading cryptocurrency exchange in the US, has just announced its Q4 2025 earnings results, showing significant changes amidst a sharp decline in the crypto market at the end of the year. The developments...

Coinbase reports lackluster earnings, causing its stock price to fall.

Author: The Economist
Compiled by: TechFlow TechFlow
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TechFlow Dive: Despite Bitcoin's price remaining above $70,000, the crypto market is experiencing an unprecedented "lonely winter." This article delves into the differences between this decline and previous ones: the chain reaction of leveraged liquidations, the fact that once-promising ETFs have now become drivers of price drops, and the most...