In 2022, web3 went 𝘫𝘢𝘴𝘡 𝘨𝘳𝘦𝘒𝘡.

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.

@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