•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
ProveX, the latest project from crypto influencer Richard Heart, plans to launch a new token and a perpetual futures DEX using on-chain proofs. Wallets linked to the project now appear to launder funds through Tornado Cash. The ProveX project is being brought forward by Heart, founder of HEX, PulseChain, and PulseX, who announced a new venture that reuses the ETH-sacrifice model to mint new tokens. The launch comes a few months after the end of Heart's SEC lawsuits. The project previously reused the model first seen with HEX, where investors sacrifice ETH to mint tokens, similar to an ongoing ICO; Heart later reused it with PulseChain in 2022. ProveX ETH deposits are on the move: The main promise of ProveX would be to become one of the first recipients of a new ecosystem token. The project copied PulseX's approach by setting up a public sacrifice address for ETH. The ETH in that address was not locked and could be moved. What happened next suggests Heart may be reusing ETH or taking out tokens from earlier projects. Heart, with his crypto career, has accumulated significant ETH reserves. On-chain researchers noticed an anomalously large withdrawal from Tornado Cash. Although the mixer hides the origin of funds, the transactions and the quantities of ETH may be linked to previous users. On January 6, Tornado Cash had a spike in withdrawals, with a series of 100 ETH transactions, which later consolidated to a single wallet. Later, researchers observed a total of 128,808 ETH entering the ProveX wallet, with analysts linking it to a previous deposit Heart made—112,987 ETH into Tornado Cash in November 2025. The main reason behind the ETH recycling operations may be the eventual ProveX token allocation and bonuses. If Heart deposited ETH to the sacrifice address, he may also become a whale with the new token. ProveX still awaits its official launch: ProveX is a few days from closing its sacrifice period, with a 6.25% rate increase from January 8. ETH deposits function as a form of point farming, which will determine token allocations once the project launches. The sacrifice period aims to generate maximum hype, with no set deadline for launching the actual project. PulseX aims to become another venue for decentralized trading, arriving in an already saturated market, where Hyperliquid is the leader. The ProveX project could follow the same route as PulseX, where most token recipients lost 90% of their investments, in addition to ETH gains. The new launch is often mentioned as a trigger to HEX and other tokens on PulseChain.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
