What is the video about?
Fourteen days after Richard Heart was detained in Istanbul, Crypto Coffee looks at what PulseChain’s builders released in the meantime (at 0:00). The host’s point is that the idea of Heart as the one person holding the chain together has been disproven by people who keep shipping code. The video then turns to Zcash’s developer fund, a stock-index question about Michael Saylor’s Strategy, and Turkish politics. It follows the channel’s previous take.
As of 28 October 2026 this portal has found no new official facts since the Turkish Minister of Justice confirmed the detention on 17 October. No court decision on custody, no Turkish charge and no extradition request is public. The full record is on the legal timeline.
What does the host say builders released?
The host lists community releases from the past two weeks (at 1:03, at 1:45, at 3:16, at 3:40): Liberty Swap adding limit orders and, by his account, planning privacy features under the name “Kohaku” in November; a wallet adding automated dollar-cost-average buys; dashboards of bridge flows; infrastructure updates from another team; and a new block explorer. The host shows them as screenshots of social-media posts; none of these releases was tested for this article.
One point matters for safety. The new explorer the host shows is a third-party site, not an official one: the official PulseChain explorers are the ones linked from pulsechain.com, listed with its IPFS mirror on official links. A third-party explorer can be useful, but it is not a place to connect a wallet or sign anything. The host’s call to bookmark it (at 2:54) is his own recommendation, not this portal’s.
Do the figures on TVL and volume hold?
- Claim: PulseChain’s TVL is still about $42 million and ranks 38th (at 4:46). The figure holds. On 28 October DeFiLlama put PulseChain’s TVL at about $42.4 million and ranked it 41st among chains; whether it was 38th when the video was recorded could not be checked. Several chains sit within a few million dollars of each other in that range, so the rank shifts easily. TVL is the value of tokens locked in apps and rises and falls with token prices.
- Claim: Cardano is just barely ahead (at 4:46). Not quite. Cardano was 35th on the same reading, with about $57.7 million.
- Claim: PulseChain does more DEX volume than Cardano (at 4:46). Right on DeFiLlama’s figures: about $15.4 million in the last seven days on PulseChain against about $5.7 million on Cardano, and about $156.5 million against $42.3 million over thirty days. Volume measures trading, not users or lasting value.
- Claim: PulseChain is three years old (at 4:46). Roughly right: its mainnet launched in May 2023, about three and a half years ago; the history is on the timeline.
DeFiLlama is a community data aggregator; its totals depend on which apps it tracks.
What does the host say about foundations?
The host argues that a developer fund or foundation creates a pot of money that attracts hackers, insiders and regulators, and that projects with large foundations and big raises have often done worse than PulseChain, which has none (at 9:00, at 11:31, at 15:59). The host says no foundation pays PulseChain’s developers, and this portal has found no such foundation; whether that is better is an argument, not a fact. The figures given for Zcash, the Ethereum Foundation, Tezos and EOS were not checked. The host also makes sweeping accusations about Zcash’s funding and security; they come with no evidence and are not repeated here.
What does the host say about Turkey?
Here the video is mostly opinion. The host relays a post by a PulseChain validator who says the case “does not add up” and could be grandstanding or deflection (at 12:36), and links it to a Turkish crackdown on investment-fraud networks and to the resignation of the head of Turkey’s capital markets regulator (at 13:20, at 15:12). Those Turkish news items were not checked, and nothing public connects them to Heart’s case. The host labels his conclusion as his own opinion.
Two legal points recur from earlier videos:
- Claim: the dates to watch are 1 to 23 November (at 15:38). These are 18 and 40 days counted from 14 October. Under Article 16 of the European Convention on Extradition a provisional arrest may be ended if no extradition request has arrived within 18 days, and may not last longer than 40 days. Whether Heart is held in provisional arrest for extradition at all, and since when, has not been made public, so the dates are an estimate, not a known deadline.
- Claim: Heart was never convicted, there was never any securities fraud, and HEX and PulseChain have legal letters saying they are not securities (at 14:50). No court anywhere has convicted Heart of anything. The SEC’s civil case ended in judgment for the defendants on 6 May 2025 after the court dismissed it for lack of personal jurisdiction and on extraterritorial grounds; the court made no finding on fraud either way and did not decide whether HEX, PLS or PLSX are securities. The legal letters were not seen for this article; a lawyer’s opinion letter is not a ruling. That Quinn Emanuel represents him could not be confirmed from any source this portal holds.
What else is in the video?
The Strategy section repeats press reports that an index provider may drop the company and what that could mean for Bitcoin (at 5:31); it was not checked and is not about PulseChain. The host gives no price targets.
Commercial offers: the host promotes a paid data-removal service through a referral link and metal seed-phrase cards from a shop where, he says, buying supports the channel (at 2:32, at 17:07, at 17:49). This portal has not reviewed them, and mentioning them is not an endorsement. Never type a recovery phrase into any website, and never let a seller see it.