The UK's National Crime Agency has frozen approximately $13.5 million held in a Premier League bank account under the Proceeds of Crime Act as part of an investigation into crypto fantasy sports platform Sorare.
The Sandbox contained a vulnerability in its SAND cross-chain bridge on Base and BNB Smart Chain after an attacker minted approximately 500 million unbacked tokens. The project stated the impact was under $1 million, though the full extent of damage remains unclear.
Step App, a blockchain-based move-to-earn fitness platform, announced it will cease operations on August 21, 2026, ending four years of operation amid an ongoing crypto market slump. The shutdown has caused the platform's FITFI token to collapse to near-zero market capitalization.
Proof of Play, the Andreessen Horowitz-backed Web3 gaming studio behind fully on-chain RPG Pirate Nation, announced it is ceasing operations after concluding it could not build a scalable and sustainable blockchain gaming business. The company will open-source Pirate Nation assets while an independent foundation continues supporting the PIRATE token.
