Richard Heart, the founder of HEX, was detained during an early morning raid in Istanbul, according to CoinTelegraph. The circumstances surrounding the detention have not been detailed further.
Meanwhile, Starknet experienced a significant market reaction, plunging almost 50% as the network voted to transition into a Layer 1 blockchain, CoinTelegraph reported. This sharp decline reflects the volatility often seen during major protocol shifts in the crypto space.
On a more optimistic note, Bitwise has indicated that all signs currently point to a 'Crypto Spring,' suggesting a potential resurgence in the digital assets market. For Japanese investors, these developments highlight the ongoing volatility but also the potential opportunities within the evolving crypto landscape.