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web3 is going just great Profile picture
web3 is going just great
@web3isgreat
only some of the many disasters happening in crypto, defi, NFTs, and other blockchain-based projects • created by @molly0xfff
Brian Zajac Profile picture 1 subscribed
Mar 27, 2023 • 28 tweets • 8 min read
US CFTC sues Binance and CEO Changpeng Zhao

March 27, 2023
web3isgoinggreat.com/?id=cftc-sues-… US CFTC sues Binance and CEO Changpeng Zhao The US Commodit lol 51. Another important benefit that Binance has provided its
Feb 16, 2023 • 4 tweets • 2 min read
Platypus Finance stablecoin exploited for $8.5 million ten days after launch

February 16, 2023
web3isgoinggreat.com/?id=platypus-f… Platypus Finance stablecoin exploited for $8.5 million ten d wishing the best to the people who leveraged themselves up to their eyeballs at platypus finance's recommendation Tweet, retweeted by Platypusdefi: "Currently earning 45
Aug 25, 2022 • 7 tweets • 3 min read
Crypto YouTuber sues someone for calling him a "dirtbag influencer"

August 12, 2022
web3isgoinggreat.com/?id=crypto-you… Crypto YouTuber sues someone for calling him a "dirtbagOddly, in the lawsuit, he writes that he is "in the bus
Aug 3, 2022 • 4 tweets • 1 min read
CoinGape and Binance publicize scam recovery address after Nomad hack

August 3, 2022
web3isgoinggreat.com/?id=coingape-a… Image
Aug 1, 2022 • 7 tweets • 2 min read
[ONGOING]: People rush to steal some of the $190 million in the Nomad bridge after an exploit is discovered

August 1, 2022
web3isgoinggreat.com/?id=nomad-brid… People rush to steal some of the $190 million in the Nomad b Crypto researcher @FatManTerra has described this as "the first decentralized robbery" as people rush to copy the transaction used by the original exploiter to take money for themselves.
Jul 25, 2022 • 14 tweets • 5 min read
After five years in prison for a Ponzi scheme and a lifetime ban from the pharmaceutical industry, Martin Shkreli announces his new venture: a web3 drug discovery platform

July 25, 2022
web3isgoinggreat.com/?id=martin-shk… After five years in prison for a Ponzi scheme and a lifetimeIn 2018, he was sentenced to federal prison for unrelated se It's no big surprise that Shkreli has jumped into the crypto industry. Within hours of his release, he was tweeting, and soon began joining crypto Twitter Spaces where he spoke about using a contraband phone while in prison to access the Uniswap crypto exchange.
Jul 23, 2022 • 5 tweets • 2 min read
GameStop's new NFT platform features an NFT mimicking a victim of 9/11

July 23, 2022
web3isgoinggreat.com/?id=gamestops-… GameStop's new NFT platform... Not only is GameStop selling an NFT of the victim of a tragedy, it's a featured image when Googling "GameStop". Google search results for &...
Jul 7, 2022 • 33 tweets • 5 min read
Former asset manager for Celsius files lawsuit alleging the company was a Ponzi scheme

July 7, 2022
web3isgoinggreat.com/?id=former-ass… Former asset manager for Celsius files lawsuit alleging the The legal complaint reads, "Prior to Plaintiff coming o
Jun 30, 2022 • 4 tweets • 4 min read
Crypto games site "w3itch[.]io" blatantly copies itch.io, hosts stolen games

June 29, 2022
web3isgoinggreat.com/?id=crypto-gam… Crypto games site "w3itch.io" blatantly copies itcW3itch.io apparently decided the best way to accomplish thei
Jun 3, 2022 • 10 tweets • 2 min read
FTC reports $329 million lost to crypto scams in Q1 2022

June 3, 2022
web3isgoinggreat.com/?id=ftc-report… The report is worth reading in full, but I'll thread some of the details below. ftc.gov/news-events/da…
May 9, 2022 • 12 tweets • 5 min read
TerraUSD (UST) stablecoin struggles to retain peg

May 9, 2022
web3isgoinggreat.com/?id=terrausd-u… TerraUSD (UST) stablecoin struggles to retain peg It's beenThese values may seem like small changes on the micro scale, ✅ cool
✅ calm
✅ collected Tweet by Do Kwon: "I’m up - amusing morning Anon, yoTweet by Do Kwon: "Btw, if yall girls are gonna fud, tr
Apr 25, 2022 • 4 tweets • 1 min read
133 NFTs valued at $2.4 million stolen when hacked Bored Apes Instagram advertises fake land airdrop

April 25, 2022
web3isgoinggreat.com/?id=133-nfts-v… 133 NFTs valued at $2.4 mil... A few more NFTs have trickled in as a few more people were scammed. Meanwhile the scammer has also started to flip the NFTs on LooksRare, so far selling 23 NFTs there for a total of 800 ETH ($2.4 million).
Apr 20, 2022 • 7 tweets • 2 min read
Binance adds a branded hashtag to Twitter that closely resembles a swastika

#Binance

April 20, 2022
web3isgoinggreat.com/?id=binance-ad… Binance adds a branded hashtag to Twitter that closely resemMore than a few people expressed shock at seeing what they b
Apr 19, 2022 • 4 tweets • 2 min read
First crypto burger purchase at Bored Ape restaurant illustrates why people don't widely do this

April 9, 2022
web3isgoinggreat.com/?id=first-cryp… Painful financial implications aside, a public transaction r Another common example of why people don't tend to use crypto to make everyday purchases is the 2010 purchase of two Papa John's pizzas for 10,000 Bitcoin (then around $40—fancy pizzas, I guess). Today those 10,000 BTC would be worth $414 million.
Apr 14, 2022 • 7 tweets • 3 min read
Archie Comics announces "Archiverse" NFT project to overwhelmingly negative reception

April 14, 2022
web3isgoinggreat.com/?id=2022-04-14… Archie Comics announces "Archiverse" NFT project t
Apr 13, 2022 • 5 tweets • 2 min read
Fake SkyVerse project draws in more than $150,000 (and counting)

April 13, 2022
web3isgoinggreat.com/?id=2022-04-13… Fake SkyVerse project draws in more than $150,000 (and count Consider reporting @SkyverseClub as a fake account impersonating the real project (@SkyVerseNFT), to hopefully protect others from falling for the scam.
Mar 29, 2022 • 6 tweets • 2 min read
Popular blockchain game Axie Infinity suffers a $625 million exploit, possibly the largest in defi history

March 29, 2022
web3isgoinggreat.com/?id=2022-03-29… Popular blockchain game Axi... Just like that, we crossed the $9 billion mark. This entry alone caused the grift counter to jump from $8.567 billion.
Mar 28, 2022 • 4 tweets • 2 min read
UPDATE: Saber, who provided the Cashio liquidity pool, have said they cannot compensate users. They urged the attacker to return the $: "accounts with over $100k are often users’ life savings on leverage, and many of us will seriously be affected financially after this incident." (this is a correction to a previous tweet, which attributed the statement to the Cashio team)
Mar 24, 2022 • 7 tweets • 4 min read
Department of Justice charges the scammers behind the January "Frosties" NFT rug pull with fraud and money laundering shortly before they launch their second project

March 24, 2022
web3isgoinggreat.com/?id=2022-03-24… Department of Justice charges the scammers behind the JanuarThe statement also alleged that the duo were working on anot The original scam:

I rag on how slow enforcement has been with these obvious frauds, but this was actually an impressive turnaround.