Top Crypto Tweets Today: Zerebro Dev Reveals He Faked His Suicide

Jeffy Yu raised intense discussion across crypto Twitter with his alleged suicide, the launch of a new token ($LLJEFFY), suspicious wallet activity, and a follow-up letter explaining the situation. 

As developer Daniele Sesta wrote on X, “the space just got weirder.”

Below, we feature five trending posts on X that highlight recent crypto news and insights:

• Daniele Sesta’s take on Zerebro dev Jeffy Yu and the alleged suicide
• Coinbase Dev Lead’s announcement of x402, a new protocol standard
• Joseph Lubin’s reflections on Ethereum upgrades and non-stop performance
• Borovik’s analysis of the Fed’s interest rate policy and its impact on crypto
• Congressman Tom Emmer’s message on crypto and regulation

1. What Happened to Zerebro Dev Jeffy Yu? Daniele Sesta Breaks It Down on X

According to Daniele Sesta, DeFi developer and founder of Hey Anon, Zerebro developer Jeffy Yu faked his suicide to disappear from the public eye and escape harassment, threats, and blackmail.

First, Jeffy Yu appeared to livestream his own death on Pump.fun. In the video, it looked like he shot himself. Shortly after, a blog post on Mirror – allegedly written by him – described the creation of a memecoin, $LLJEFFY, calling it his “final art piece.”

As the video spread, many believed the 22-year-old developer had actually died. Tributes poured in on X, and an obituary was even published on Legacy.com. But soon, doubts began to surface.

People started questioning the story. Legacy.com eventually removed the obituary due to a lack of evidence. Then, Bubblemaps flagged suspicious activity – wallets tied to Yu were still active and trading $LLJEFFY tokens.

Eventually, a letter surfaced on X, in which Jeffy Yu admitted he had staged the video to escape ongoing harassment, blackmail, and threats. The letter is unverified and was initially shared privately, but is now public.

In it, Yu claims he didn’t profit from the incident. However, this has sparked speculation, especially given the rise and fall of the $LLJEFFY token.

Daniele Sesta described the event as a calculated exit, one carried out without remorse. Meanwhile, he noted that real developers are constantly targeted but continue to show up.

2. Coinbase Dev Lead Unveils x402: A New Protocol for Onchain Payments

Coinbase’s Developer Lead, Nemil Dalal, has introduced x402—a new protocol built to make onchain payments work smoothly across the web. It brings new life to the old HTTP 402 “Payment Required” status code, which was never widely used before.

With x402, websites can accept stablecoins like USDC for small, pay-per-use transactions. It also supports “agentic commerce,” meaning AI agents can pay for things like API access or online content on their own—without credit cards or API keys.

The protocol was developed in partnership with AnthropicAI, AWS, and Chainlink. According to Dalal, it’s fast, fee-free, and works without minimum payment limits. He says it could also be used for micropayments, paywalls, and other everyday use cases.

3. Joseph Lubin Highlights Ethereum's 10 Years of Uninterrupted Operation

Following Ethereum’s Pectra upgrade, ConsenSys co-founder Joseph Lubin emphasized the project’s nearly 10 years of continuous operation and 16 successful upgrades.

Pectra, launched on May 7, 2025, introduces Ethereum Improvement Proposals (EIPs) like EIP-7002, which reduces validator activation time by approximately 48 hours and boosts staking efficiency.

Lubin, also an Ethereum co-founder, highlighted his commitment to building the core infrastructure for a decentralized global economy and system.

In 2014, he founded ConsenSys, a company focused on creating tools, infrastructure, and applications for the Ethereum ecosystem and Web3. It is behind core products like the MetaMask wallet, Infura node infrastructure, and more.

4. Borovik Predicts Crypto Market Reaction Before US Fed Rate Decision

Trader Borovik (@3orovik) shared his thoughts on how the upcoming US Federal Reserve policy meeting might impact the crypto market. The two-day meeting, scheduled for May 7–8, will conclude with a press conference by Jerome Powell, where the Fed is expected to announce its decision on interest rates.

In a post on X, Borovik laid out three possible outcomes depending on the Fed's decision on interest rates. If rates stay the same, he expects a bearish reaction. But if the Fed cuts rates by 25 basis points, he predicts a market rally. 

And if the cut is deeper – 50 basis points – he believes crypto could soar to new all-time highs.

At the time of writing, the total crypto market cap is around $3 trillion, up 2.8% in the last 24 hours. Bitcoin is trading at $97,000 and Ether at $1,830.

5. Crypto Is Not Right or Left, Says Congressman Tom Emmer 

During a recent press briefing, Congressman Tom Emmer said lawmakers need to ensure the U.S. leads in innovation and delivers President Donald Trump’s crypto policies through clear regulations.

Emmer stated that crypto is for everyone, regardless of political stance. He noted that the U. currently has the most pro-crypto Congress, which has been taking steps to support decentralization.

According to Emmer, if Congress fails to provide a clear regulatory framework for crypto, other countries may gain an edge over the US.

His remarks came amid a Congressional boycott of a scheduled joint hearing on digital asset policy.