Pudgy Penguins ventures into the world of physical toys


The NFT market dipped earlier this year, but only one brand managed to raise a whopping $9 million. That was Pudgy Penguins, and the fundraising round was led by 1kx. Meaning Pudgy Penguins has been pretty ambitious about its aim since then. One such instance is the brand venturing out of the world...

Vitalik Buterin argues against overloading Ethereum’s consensus


Vitalik Buterin has come out to say that there is no need to overload the Ethereum consensus, which is already regarded as the most secure crypto-economic system globally. It houses validators with over 18 million ETH in total. This roughly translates to $34 billion in monetary value. Ethereum...

RACA’s Motor Cycle racing event transcends all expectations


RACA celebrates its 2nd anniversary in the most thrilling and entertaining way. The motor cycle racing event is here, which takes all participants on a high-octane ride through its racing challenge. Witnessing an unparalleled number of event participants, along with several avatars, straddling...

New Scam Siphoning Off $6 Million From Crypto-Raptors


A scam-as-a-service company has siphoned off approximately $6 million worth of crypto assets from unsuspecting users.  According to a report from Web3 scam-detecting firm Scam Sniffer, a scam vendor dubbed "Inferno Drainer" has stolen $5.9 million in assets from 4,888 victims across 689 phishing...

Terra Founder Do Kwon Having His Bail Conditions Appealed in Montenegrin Court


Prosecutors in Montenegro appealed against the bail terms of Terra/LUNA co-founder Do Kwon and chief financial officer Han Chang-Joon. On Wednesday, the State Prosecutor’s Office in the country's capital, Podgorica, filed an official appeal against the decision made by the court on May 12 to grant...

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