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June 30, 2024 Tóth Balázs

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Pudgy Penguins' Parent Company Acquires Frame

Igloo Inc., the company behind the popular NFT project Pudgy Penguins, has acquired the on-chain platform Frame, which focuses on web3 creators. While the terms of the deal have not been disclosed, the acquisition’s purpose is clear. The Frame team will join Igloo in developing a layer 2 network called Abstract Chain, which aims to foster culture and communities within the chain.

Farcaster Introduces New Payment Feature

The popular decentralized social media protocol Farcaster has introduced a new in-app payment feature that utilizes the USDC stablecoin for one-touch payments directly from user profiles or the app’s messaging platform. This feature addresses the challenge of needing to find someone’s alphanumeric wallet address for crypto payments. With this innovation, identifiers will be easily readable, simplifying the payment process.

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