In 2022, web3 went 𝘫𝘶𝘴𝘵 𝘨𝘳𝘦𝘢𝘵.

Here's the recap, and a few new site features to go with it.

https://newsletter.mollywhite.net/p/in-2022-web3-went-just-great

In 2022, web3 went just great

Come, reminisce with me.

Molly White
If you want to come along for the ride in 2023, I'd love it if you would subscribe and share! All posts are free and visible to all, but for the next week I'm also giving 20% off new subscriptions 😊

Now, the good stuff:

There is a Web3 is Going Just Great leaderboard, which lists the largest hacks, scams, and frauds by dollar amount.

You can also filter it by date range if you're curious about a specific period.

https://web3isgoinggreat.com/charts/top

Web3 is Going Just Great

A timeline recording only some of the many disasters happening in crypto, decentralized finance, NFTs, and other blockchain-based projects.

I've also added a starred posts feature, so if you want to just skim through the highlights instead of reading all 1,000 (!!!) posts, you can do that too!

(If you're mobile, expand the filterbars to see the "Starred" checkbox).

https://web3isgoinggreat.com/?starred=true

Web3 is Going Just Great

A timeline recording only some of the many disasters happening in crypto, decentralized finance, NFTs, and other blockchain-based projects.

That's the other bit of news: Web3 is Going Just Great just surpassed 1,000 posts.

855 of them are from this year.

Happy New Year, everyone ❤️🥂✨
@molly0xfff Happy New Year. Thanks for dedicating a year to spreading the light to expose the Hyenas where they live.

@molly0xfff Web3IsGoingGreat is a fantastic service to the community.

I'm sure your avalanche of evidence eventually worms its way into even the most hardened brains of cultists, sycophants and acolytes such that eventually some of them see the error of their ways.

Better yet, you've probably saved millions from falling for the BS in the first place. How many can say that of their efforts?

@molly0xfff And then of course there’s OneCoin…
@molly0xfff any chance to add way back machine support? :)
@aurorapenguin how do you mean?

@molly0xfff for example, the 3 tweets from PINKCATNFT are deleted on this post https://web3isgoinggreat.com/?theme=artTheft&id=toronto-comic-arts-festival-sparks-outrage-by-featuring-nft-creator-saba-moeel

Lots of broken links in previous posts too :( I would suggest just throwing the urls you put in posts in the WBM or other archive sites and have a "link here / archive link" in future posts ! Especially when a post links to stuff about rug pulls or other scammers that often delete their accounts or the evidence the first chance they get . Maybe this can be automated somehow?

Toronto Comic Arts Festival sparks outrage by featuring NFT creator Saba Moeel, Moeel found to have widely traced her artwork

The Toronto Comic Arts Festival angered artists and fans alike when they invited Saba Moeel, the artist behind the Pink Cat NFT collection, to attend as a featured guest. This was in part because of opinions around NFTs more generally, but much of the ire was directed at Moeel specifically when she was found to have traced much of her work from sources including Tank Girl, Tom and Jerry, and various artists on Instagram without providing any credit. Others were concerned with various transphobic or racist statements Moeel has made in the past, as well as the creation of artwork by a non-Black artist that appeared to be caricaturing Black people.Moeel responded to the criticism in a slew of tweets, writing in one: "Why did i trace tank girl art? Why did Occidental soldiers raid the Iraqi national museum of art and steal all of our cultural artifacts and history? Many questions to answer". Moeef also accused those expressing concerns about her appearance of racism, and described them all as "people who love the central banking system". "Big organizations come out to try to destroy my community of 90% women, mostly WOC like me", she wrote.One other TCAF featured guest, Ngozi Ukazu, withdrew from the Festival, writing, "Not only do I disagree with the platforming of NFTS, but I also will not be a featured guest alongside an influencer who traces art and explicitly commodifies Black culture." TCAF wrote on Twitter that they were preparing a response to "valid concerns", and the subsequent day announced that they had rescinded the invitation due to "code of conduct violations and the concerns expressed by the comics community".

Web3 is Going Just Great
@aurorapenguin ah yes, it's actually something I've already started working on!
@molly0xfff awesome! Thanks so much ♥️
@molly0xfff is FTX collapsing not on there for some reason like "the 20 (30?) billion never existed" or is there something qualitatively different about how you categorize whatever it is that was happening there?
@JLab8 I've mostly erred on the side of not including in the numbers the collapses where the actual loss is still pretty unknown. Estimates on the FTX loss vary massively, and many of them are including "losses" of money that never really existed.
@molly0xfff thanks for the clarification!
@molly0xfff The loss is even higher. Individual scams and hacks aren't recognized and so aren't listed. But millions of them day by day would probably double the current loss.
@molly0xfff
Love how FTX comes in only at number 6.
@cobordism @molly0xfff I thought like a lot of those hacks had at least most of the money frozen or returned.

@g_squidman

Why would you think that? ETH can't get frozen, bridge hacks def never got returned bc most of those were Lazarus, FTX and 3 Arrows evaporated, etc etc

@cobordism @molly0xfff

@ceresbzns @cobordism @molly0xfff Ha ha I guess that's what I'm concerned about, this sort of paints a different story about the nature of hacks in the ecosystem, when actually the Lazarus hack was way huger than other hacks. This is taking credit away from that fact. I was thinking of specifically the Binance bridge hack and Polynetwork hack. I think the Binance hack only got away with $100M and they were able to freeze the majority of assets. The Polynetwork hacker returned all but like $500k

@g_squidman

Great point about the Binance and Poly hacks. I guess I see those as exceptions to the rule, rather than representative. Rekt does pretty much the same thing.

https://rekt.news/leaderboard/

@molly0xfff

Rekt - Leaderboard

DeFi / Crypto - Investigative journalism & creative commentary

rekt
@molly0xfff Waiting impatiently for the first 2023 entry 💖
@molly0xfff these $$ amounts boggle my mind. Why is this not front page news?

@molly0xfff Why isn't FTX collapse at the top? It is because it is still unrolling?

Anyway, thanks for the whole web3 is great.

web3 is going just great (@[email protected])

I've erred on the side of not including in the grift counter/leaderboard $ amounts for collapses where the actual loss is still pretty unknown (ex. Terra collapse, FTX) This is confusing, so I'm deciding whether to start including them or just add an explanatory note. Thoughts? [ ] Continue to omit [ ] Include rough estimates

Indieweb.Social
@molly0xfff
This is why I love the intenet. Thank you, Molly. LMAO
@molly0xfff done and done. Happy new year!
@molly0xfff Heading into 2023, web3 is going great is going great ... happy new year!
@molly0xfff I think you’ve found the actual product of #cryptocurrency: schadenfreude
@molly0xfff favorite section: “Crypto people don’t know how things work”
@[email protected] Does hachyderm not support markdown or HTML for italics? Unicode italics are annoying for screenreader users.
@molly0xfff good summary of all things that went bad in 2022 (in crypto), thanks!
@molly0xfff
Prime examples of why crypto and nfts have always been horrible investment ideas.
@osma

@molly0xfff

Web3...its like being conned....but better