Richard Heart Detained in Istanbul as Starknet Plummets 50%

Key Facts

1HEX founder Richard Heart was detained during an early morning raid in Istanbul.

2Starknet price plunged nearly 50% as the network voted to transition into a Layer 1 (L1) blockchain.

HEX founder Richard Heart was detained during an early morning raid in Istanbul. CoinTelegraph reported that the detention occurred as part of a legal enforcement action, marking a significant development for the founder of the HEX project.

Starknet's price plunged nearly 50% following a network vote to transition into a Layer 1 (L1) blockchain. The massive decline reflects market reaction to the strategic pivot in the network's architecture.