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OMGMidnight Edition · Oct. 18

The robot says: HEX FOUNDER CUFFED. RIPPLE'S SCHWARTZ PICKS WRONG BILLBOARD.

The OMG robot from AI Lately's Sunday Funnies, a smartwatch with arms and legs: one palm out, a sideways amused smile.

OMG

Sunday, Oct. 18, 2026 · Midnight Edition

Turkey Confirms HEX Founder Richard Heart's Arrest

Turkey's justice minister confirmed Richard Heart's arrest, and HEX's price fell fast as the news spread.

Number 1, Viral

Akın Gürlek @abakingurlek

Oct. 17 · 2:15 a.m. ET

Turkey Confirms HEX Founder Richard Heart's Arrest

2,518
Likes on Gürlek's post
On X
1,047
Replies to Gürlek's post
On X
$7.15 million
Cash seized in the Istanbul raids
Beyond X

The takeaway

A minister's single post ended days of doubt and crashed a founder's own coin.

Number 2, Viral

David 'JoelKatz' Schwartz @JoelKatz

Oct. 14 · 4:09 p.m. ET

Ripple's David Schwartz Jokes About a Billboard Mix-Up

@JoelKatz wroteOops, wrong billboard.
10,087
Likes on Schwartz's post
On X
730
Replies to Schwartz's post
On X
610
Reposts of Schwartz's post
On X

The takeaway

Two famous crypto names joked about a billboard, and traders still read every word.

Number 3, Viral

Wu Blockchain @WuBlockchain

Oct. 15 · 4:34 a.m. ET

Hyperliquid's Yan Asks US to Regulate Operators

@WuBlockchain wroteUS regulators should treat Hyperliquid's Layer 1 blockchain as financial infrastructure
268
Likes on Wu Blockchain's post
On X
54
Replies to Wu Blockchain's post
On X
$2.58 billion
Hyperliquid's daily trading volume
Beyond X

The takeaway

A trading platform's founder pitched regulators his own plan before they wrote one.

Number 4, Project · Polygon (POL)

Polygon @0xPolygon

Oct. 14 · 9:31 a.m. ET

Polygon Labs Completes Its Coinme Acquisition

@0xPolygon wrotePolygon Labs is now a U.S.-regulated payments business.
901
Likes on Polygon's post
On X
124
Replies to Polygon's post
On X
$250 million
Value of the Coinme acquisition
Beyond X

The takeaway

Polygon traded jobs and old code for a new banking-style license.

Number 5, Viral

Cryptic @Cryptic_Web3

Oct. 15 · 3:22 p.m. ET

Dubai Courts Put Order Verification on Avalanche

@Cryptic_Web3 wroteDIFC Courts have adopted @avax to issue NFT-based credentials for judicial documents
308
Likes on Cryptic's post
On X
36
Replies to Cryptic's post
On X
$5.1 billion
Value of claims DIFC Courts handled in 2025
Beyond X

The takeaway

A Dubai court now proves real orders with code, and paper stamps lose ground.

You're caught up

That's the edition.

The posts that drew the most attention in the 4 hours before 12:37 a.m. ET.

OMG

Six times a day: the crypto posts that took over X, why they caught fire, and what that says about us.

The robot says: HEX FOUNDER CUFFED. RIPPLE'S SCHWARTZ PICKS WRONG BILLBOARD.

The OMG robot from AI Lately's Sunday Funnies, a smartwatch with arms and legs: one palm out, a sideways amused smile.

Midnight Edition, 12:37 a.m. ETCovers 8:37 p.m. Sat. to 12:37 a.m. Sun. ET

An earlier edition. Read the latest

Turkey Confirms HEX Founder Richard Heart's Arrest

Turkey's justice minister confirmed Richard Heart's arrest, and HEX's price fell fast as the news spread.

Published 12:37 a.m. ET by The CryptoLately.com Desk

Next edition in--:--:--Six editions a day, four hours apart

OMG shows each post as plain text. X's script loads only when you ask.

Number 1

Viral

Turkey Confirms HEX Founder Richard Heart's Arrest

Akın Gürlek @abakingurlek on XPosted

Akın Gürlek@abakingurlek

TÜRKİYE, SINIR AŞAN SUÇLARIN VE ARANAN ŞÜPHELİLERİN SIĞINAĞI OLMAYACAKTIR!

Ülkemizin suç işlediği iddiasıyla aranan kişilerin sığınabileceği bir yer hâline gelmemesi, uluslararası düzeyde aranan kişilerin yakalanması ve adaletten kaçmalarının önlenmesi için güvenlik ve…

Open on X (opens a new tab)

By the numbers

Likes on Gürlek's post
2,518
On X
As of
Likes on Gürlek's post: Source: X public data
Replies to Gürlek's post
1,047
On X
As of
Replies to Gürlek's post: Source: X public data
Cash seized in the Istanbul raids
$7.15 million
Beyond X
As of
Cash seized in the Istanbul raids: Source: theblock.co
Addresses searched in Istanbul
15
Beyond X
As of
Addresses searched in Istanbul: Source: theblock.co
2 more numbers behind this take

The take

Akın Gürlek is Turkey's justice minister. He posted on X in Turkish. His post confirmed a big arrest. Richard Heart built the HEX coin. He also built PulseChain. Police held him in Istanbul. They held his wife too. Finland asked Interpol for the arrest. Finland says Heart dodged taxes. A red notice named him back in 2024.

Gürlek's post pulled 2,518 likes. It drew 1,047 replies. His words said Turkey will catch wanted people. He left individual names out of that part. News outlets filled in the rest fast.

Police searched 15 addresses. They searched homes in three Istanbul districts. They found $7.15 million in cash. They found six cold wallets too. A cold wallet holds crypto offline. Officers also found guns. They found bullets, watches and bags too.

HEX token price fell fast. It dropped about 14% in a day. The drop came right after Gürlek's post. Traders sold fast on the news.

Why did this post catch fire? A government official confirmed a long rumor. Crypto traders had watched this case for days. A minister's own words carry real weight. They end any doubt about the arrest.

What does this say about us? Crypto still draws big, risky bets. Founders can build huge projects fast. Some face huge legal trouble just as fast. A US court once heard a fraud claim against Heart. The SEC dropped that case back in 2025. Finland's own case still stands today. One government's words can move a market in minutes. Traders watched a single tweet decide the mood. The coin price answered before any trial starts. Heart has stayed silent on his own X account about this case. His wife and three bodyguards also sit in custody tonight. The HEX community now waits for his next move.

What it says about us

A minister's single post ended days of doubt and crashed a founder's own coin.

Sources

  1. The Block Turkey confirms Hex founder Richard Heart's arrest, says police seized $7.15 million and six cold wallets
  2. CoinDesk Hex founder Richard Heart arrested in Istanbul on Finnish Interpol Red Notice

Number 2

Viral

Ripple's David Schwartz Jokes About a Billboard Mix-Up

David 'JoelKatz' Schwartz @JoelKatz on XPosted

David 'JoelKatz' Schwartz@JoelKatz

Oops, wrong billboard. pic.twitter.com/h2XMSTWlU5

Open on X (opens a new tab)

By the numbers

Likes on Schwartz's post
10,087
On X
As of
Likes on Schwartz's post: Source: X public data
Replies to Schwartz's post
730
On X
As of
Replies to Schwartz's post: Source: X public data
Reposts of Schwartz's post
610
On X
As of
Reposts of Schwartz's post: Source: X public data
XRP's price after the dip tied to the mix-up
$1.29
Beyond X
As of
XRP's price after the dip tied to the mix-up: Source: tipranks.com
3 more numbers behind this take

The take

David 'JoelKatz' Schwartz works at Ripple. He holds the title CTO Emeritus. He stood in Times Square this week. He took a selfie there. A huge billboard stood behind him. It showed actress Sydney Sweeney. The ad sold a betting app called Novig. Schwartz posted the photo on X. He wrote, "Oops, wrong billboard."

Schwartz meant to stand by a different sign. That sign promoted Evernorth. Evernorth is a new Nasdaq company. It just started trading its stock. Its ticker reads XRPN. The firm holds 473 million XRP coins. XRP is Ripple's own crypto coin.

His post pulled 10,087 likes. It drew 730 replies. People shared it 610 times.

Charles Hoskinson saw the post fast. He leads the Cardano coin project. He wrote back four words. He wrote, "I knew she had XRP." That claim rests on a joke alone. Sweeney has stayed silent about owning any crypto. The joke still spread wide and fast.

Schwartz later fixed his mistake. He posted a new photo. This one showed the right sign. He wrote, "Got it this time."

XRP's price dipped during all this noise. It fell about 4.5% to $1.29. Traders linked the dip to the mix-up. XRP trades near $1.30 tonight.

Why did this post catch fire? Two well-known crypto names traded jokes in public. A famous actress got pulled into their joke. Fans love when big names act silly. A simple selfie mistake turned into a show.

What does this say about us? Crypto people watch each other closely online. A tiny mix-up becomes big news fast. Traders read jokes the same way they read charts. Money still moves on a joke some nights. Schwartz builds ledgers for a living. Tonight, he built a meme instead. The meme reached more eyes than his ledger work usually does in one single day.

What it says about us

Two famous crypto names joked about a billboard, and traders still read every word.

Sources

  1. CCN Sydney Sweeney Billboard Sparks Viral XRP Joke Between Ripple's David Schwartz and Cardano Founder
  2. TipRanks XRP Drops 4.5% as Ripple CTO Prompts Sydney Sweeney Speculation After a Times Square Billboard Mix-Up

Number 3

Viral

Hyperliquid's Yan Asks US to Regulate Operators

Wu Blockchain @WuBlockchain on XPosted

Wu Blockchain@WuBlockchain

Hyperliquid Founder Jeff Yan Says US Regulation Should Target Market Operators, Not the Underlying Blockchain

Hyperliquid founder Jeff Yan told Bloomberg's Odd Lots podcast that US regulators should treat Hyperliquid's Layer 1 blockchain as financial infrastructure rather than a… pic.twitter.com/APajp44kY6

Open on X (opens a new tab)

By the numbers

Likes on Wu Blockchain's post
268
On X
As of
Likes on Wu Blockchain's post: Source: X public data
Replies to Wu Blockchain's post
54
On X
As of
Replies to Wu Blockchain's post: Source: X public data
Hyperliquid's daily trading volume
$2.58 billion
Beyond X
As of
Hyperliquid's daily trading volume: Source: techflowpost.com
Open interest on Hyperliquid
$3.76 billion
Beyond X
As of
Open interest on Hyperliquid: Source: techflowpost.com
1 more number behind this take

The take

Wu Blockchain posted about Hyperliquid on X. The post pulled 268 likes. It drew 54 replies.

Jeff Yan leads Hyperliquid. He builds fast crypto trading tools. He spoke on a Bloomberg show. The show is called Odd Lots. President Trump named Hyperliquid back in August. Trump said rule writers were working to bring it into the US the right way.

Yan made one clear point. Rules should target the firms that run markets. Rules should skip the network itself. He said his network acts as basic tech. Other firms build markets on top of it. Those firms should carry the rule load, he said.

Hyperliquid moves real money fast. Its daily trading volume hit $2.58 billion. Open bets on the platform reached $3.76 billion. HYPE is the project's own coin. It traded near $78.91 tonight. The coin sits outside the top ten by size.

Why did this post catch fire? A big crypto builder spoke straight to US rule writers. He did it on a show traders and bankers both hear. His timing lined up with Trump's own August line. Traders read his words as a signal. New crypto rules may land soon.

What does this say about us? Crypto builders now talk the plain talk of rule writers. Yan faced the rule question head on. He tried to shape it instead. That move marks a shift in the whole trade. Builders once stayed far from any rule talk. Now they pitch their own rule book first. Hyperliquid wants input before anyone writes a rule. Other builders will likely copy that same early move soon. The chain built for fast trades now wants fast access in Washington too. Tonight the vote on his idea plays out in replies alone, far from any hearing room.

What it says about us

A trading platform's founder pitched regulators his own plan before they wrote one.

Sources

  1. TechFlow Hyperliquid Founder: Regulation Should Target On-Chain Institutions Rather Than Public Chains
  2. Bloomingbit Hyperliquid's Jeff Yan Says Regulators Should Target Service Operators, Not Blockchain Networks

Number 4

Project postPolygon (POL)

Polygon Labs Completes Its Coinme Acquisition

Polygon @0xPolygon on XPosted

Polygon@0xPolygon

BREAKING: Polygon Labs is now a U.S.-regulated payments business.

The Coinme acquisition is complete. It brings regulated U.S. money movement into Polygon Open Money Stack.@Tazapay, @meshpay, @useToku, and Kira join as the first set of businesses moving money with the unified… pic.twitter.com/LAMmzndk7t

Open on X (opens a new tab)

By the numbers

Likes on Polygon's post
901
On X
As of
Likes on Polygon's post: Source: X public data
Replies to Polygon's post
124
On X
As of
Replies to Polygon's post: Source: X public data
Value of the Coinme acquisition
$250 million
Beyond X
As of
Value of the Coinme acquisition: Source: ca.finance.yahoo.com
Staff cut in Polygon's January layoff round
60
Beyond X
As of
Staff cut in Polygon's January layoff round: Source: ca.finance.yahoo.com

The take

Polygon Labs posted big news on X. It said, "BREAKING: Polygon Labs is now a U.S.-regulated payments business." The post pulled 901 likes. It drew 124 replies.

Polygon finished buying Coinme. Coinme runs crypto cash machines. The deal cost about $250 million. Four partners join right away. They are Tazapay, Mesh, Toku and Kira. Each one will move real money through Polygon's new stack.

Marc Boiron runs Polygon Labs. He also cut jobs this year. About 60 staff left in one January round alone. He said the company had to change shape. "A blockchain foundation and a blockchain-enabled payments company do not operate the same way," Boiron said.

Polygon started as a crypto scaling tool. Now it wants bank-like status in the US. It expects the new payments arm to turn a profit by 2027. That is a bold promise for a young business line.

Why did this post catch fire? A blockchain firm just became a regulated payments firm. That jump rarely happens this fast. Crypto builders rarely trade pure code work for bank-style rules. Traders took note of the timing too.

What does this say about us? Crypto firms now chase regulated ground on purpose. Rules once scared builders away for years. Now a rulebook reads as a growth plan. Polygon traded some staff for a new banking-style badge. The firm bets that badge beats staying just another blockchain. Four small partners signed on fast. They wanted the same regulated rails early. A chain built for speed now wants bank rules too. It still wants to run faster and stay online all day. Crypto and banking keep trading pieces of each other this year. Each side borrows what the other built first.

What it says about us

Polygon traded jobs and old code for a new banking-style license.

Sources

  1. CoinGape Polygon Labs Completes Coinme Acquisition, Becomes U.S. Regulated Payments Business
  2. Yahoo Finance Polygon Labs said to have laid off 60 staff following new $250 million acquisition

Number 5

Viral

Dubai Courts Put Order Verification on Avalanche

Cryptic @Cryptic_Web3 on XPosted

Cryptic@Cryptic_Web3

LATEST: 🇦🇪 Dubai is bringing court document verification on-chain.

DIFC Courts have adopted @avax to issue NFT-based credentials for judicial documents, enabling instant authenticity checks while keeping sensitive information off-chain.

Banks, government agencies, businesses,… pic.twitter.com/dJDC0dSiyR

Open on X (opens a new tab)

By the numbers

Likes on Cryptic's post
308
On X
As of
Likes on Cryptic's post: Source: X public data
Replies to Cryptic's post
36
On X
As of
Replies to Cryptic's post: Source: X public data
Value of claims DIFC Courts handled in 2025
$5.1 billion
Beyond X
As of
Value of claims DIFC Courts handled in 2025: Source: 247wallst.com
Claims DIFC Courts handled in 2025
2,500+
Beyond X
As of
Claims DIFC Courts handled in 2025: Source: 247wallst.com
1 more number behind this take

The take

Cryptic posts crypto news on X. The account shared news about Dubai. The post pulled 308 likes. It drew 36 replies.

Dubai's DIFC Courts handle big legal cases. They process money disputes across borders. In 2025 alone, they handled over 2,500 claims. Those claims totaled $5.1 billion.

The courts now use Avalanche. Avalanche is a public blockchain. A judge signs off on an order. The court then makes a digital credential. That credential sits on Avalanche's own chain. Anyone, anywhere, can check it fast. The real case details stay off the chain. Only a math proof goes on it. That proof confirms a real document exists. It skips showing what the document says.

The program started on October 14. Banks, agencies and firms can check orders fast now. A bank in another country once waited days. Now it checks a court order online in seconds.

AVAX is Avalanche's own coin. It traded near $9.79 tonight.

Why did this post catch fire? A real government court picked a public blockchain. That choice sounds small. It still carries real weight. Courts rarely trust new tech this fast. A judge's seal now travels through code alone.

What does this say about us? Governments quietly test blockchain for real paperwork now. Crypto moves past price charts into daily government work. A court record now carries a digital proof mark. Lawyers and banks gain a faster way to check real documents. Dubai picked speed and trust over old paper stamps. Other courts around the world will watch this test closely. If it works, more courts may follow Dubai's lead soon. A blockchain built for trading now also backs real court orders tonight. Paper stamps once proved a court order was real. Code does that job now, and it does it faster.

What it says about us

A Dubai court now proves real orders with code, and paper stamps lose ground.

Sources

  1. EGamers.io DIFC Courts In Dubai Turn To Avalanche So Court Orders Can Be Verified Worldwide
  2. 24/7 Wall St. Dubai's Courts Now Record Orders on Avalanche. Is AVAX a Better Buy Than Solana?

That is the whole edition.

The posts that drew the most attention in the 4 hours before 12:37 a.m. ET. Newer editions wait in the archive.

Next edition in--:--:--Six editions a day, four hours apart

More editions

All editions
  1. Monday, Oct. 19, 2026

  2. Sunday, Oct. 18, 2026

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