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cryptoAug 5, 2026, 4:30 PM

Proof of Play Ceases Operations; Hashdex Closes Bitcoin ETF

Blockchain game developer Proof of Play will shut down, opening its code and assets, while Hashdex liquidates its spot Bitcoin ETF on NYSE Arca, marking the first such closure in the US.

PIRATEBTC

Proof of Play, the developer behind blockchain game Pirate Nation, announced it will cease operations after failing to build a sustainable business. The studio will open-source its code, smart contracts, and graphics assets. An independent foundation will assume support for the PIRATE token, but accumulated player points will not be redeemable.

In a separate development, Brazilian asset manager Hashdex is liquidating the Hashdex Bitcoin ETF, marking the first spot bitcoin ETF in the United States to shut down. Trading on NYSE Arca will conclude on August 17.

Source: ForkLog