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Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million


According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the Seoul Southern District Court to seize assets owned by Do Kwon, the co-founder and former CEO of Terraform Labs. The report discloses that a total of 233.3 billion won ($176...

1kx leads the $9 million Seed Round for Pudgy Penguins


Pudgy Penguins has made a major announcement, informing the community that it has successfully concluded the $9 million seed round. It was led by 1kx with the objective of helping Pudgy Penguins in scaling its IP segment and the team. Another objective of the seed round is to enhance its offerings...

Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline


The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against...

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