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When HEX founder Richard Heart saw his profile on the Europol’s Most Wanted Fugitives list, he tweeted obstinately, “It feels great to be wanted.” Yesterday, the world learned that authorities are closing in on the ostentatious promoter and have seized some of his gaudiest displays of wealth, including Rolex watches. According to a press statement, Finnish law enforcement seized a collection of luxury watches as part of an operation that began in late 2024. The descriptions of the watches match almost perfectly those displayed by Richard “Heart” Schueler on his YouTube channel.  Seized as alleged proceeds of crime during a home raid, the collection of 20 timepieces reportedly cost millions of dollars with many imported from the United States and transported into Finland. Authorities also seized millions of euros in the owner’s bank account as well as digital assets on an unnamed service provider. Although Finnish police didn’t name Schueler in the seizure announc...

In the midst of the macro bearish conditions last year, the Total Value Locked [TVL] in DeFi dried up. Parallelly, the yields were also down to lows. As a result, the DeFi index price, showcasing the state of DeFi on Ethereum, also crashed. In 2023, however, the state of affairs started improving. Leaving aside the DeFi trend on Ethereum, there is no clear-cut trend with respect to the macro state of affairs. According to Crypto.com’s latest report, the DeFi market cap index was positive at +3.04% in the week extending from 10-16 May. However, the volume and volatility indices were negative at -10.58% and -29.99%, respectively. Source: Crypto.com Also Read: 2010’s $41 Bitcoin Pizzas Are Worth $267 Million Today PulseChain Thrives On the TVL front, most protocols had noted a minor influx on the weekly front. However, on the daily, 8/10 of them flashed red figures. PulseChain was one of the two exceptions. With just a single protocol, PulseX on board, PulseChain managed t...