HEX Founder Richard Heart Detained in Istanbul as Starknet Slumps 50% on Layer-1 Governance Vote

HEX founder Richard Heart was reportedly detained during an early-morning law enforcement raid in Istanbul, marking a significant legal escalation for the controversial cryptocurrency figure. Concurrently, Starknet's native token plunged by nearly 50% following a governance decision in which community members voted to transition the prominent Ethereum Layer-2 scaling network into an independent Layer-1 blockchain. Despite the sudden volatility and regulatory clampdowns, asset manager Bitwise released a market commentary asserting that prevailing macroeconomic and on-chain indicators signal the onset of a renewed 'Crypto Spring.' Together, these fast-moving developments highlight the persistent legal hazards, execution challenges, and decentralized governance vulnerabilities impacting major digital asset ecosystems in current market conditions.