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web3 is going just great Profile
web3 is going just great

@web3isgreat

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tracking only some of the many disasters happening in crypto, defi, NFTs, and other blockchain-based projects since 2021 • created by @molly0xfff

Joined January 2022
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@web3isgreat
web3 is going just great
2 years
NFT collector gets $280 top bid for the Jack Dorsey tweet NFT he bought for $2.9 million last year April 13, 2022
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@web3isgreat
web3 is going just great
2 years
Luna 2.0 is down 75% from its launch 12 hours ago
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@web3isgreat
web3 is going just great
26 days
The Bored Ape-themed hamburger restaurant in Long Beach, California has shut down. h/t @longbeachcounty
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@web3isgreat
web3 is going just great
2 years
First crypto burger purchase at Bored Ape restaurant illustrates why people don't widely do this April 9, 2022
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@web3isgreat
web3 is going just great
2 years
First crypto burger purchase at Bored Ape restaurant illustrates why people don't widely do this April 9, 2022
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@web3isgreat
web3 is going just great
2 years
Minecraft announces they will not support or allow NFTs July 20, 2022
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@web3isgreat
web3 is going just great
2 years
SpiceDAO wins a $3 million auction to buy an extremely rare storyboard book of Dune, only to learn that owning a book doesn't confer them copyright January 15, 2022
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@web3isgreat
web3 is going just great
2 years
OpenSea announces limits on free NFT minting, then reverses the decision the same day, after revealing that 80% of the items created through the feature were plagiarized, fake collections, or spam January 27, 2022
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@web3isgreat
web3 is going just great
2 years
Promised NFT game "Blockverse" rug pulls 500 ETH ($1.2 million) January 25, 2022
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@web3isgreat
web3 is going just great
2 years
NFT collector loses 100 ETH (~$150,000) in a joke gone wrong July 20, 2022
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@web3isgreat
web3 is going just great
2 years
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
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@web3isgreat
web3 is going just great
2 years
[UPDATE]: OpenSea users panic as at least $1.7 million in NFTs are stolen February 19, 2022
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@web3isgreat
web3 is going just great
2 years
Blockchain-powered carbon offset company Land Life starts 35,000-acre forest fire in Spain July 20, 2022
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@web3isgreat
web3 is going just great
2 years
Former OpenSea executive arrested, charged with money laundering June 1, 2022
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@web3isgreat
web3 is going just great
2 years
GameStop's new NFT platform features an NFT mimicking a victim of 9/11 July 23, 2022
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@web3isgreat
web3 is going just great
2 years
Crypto scam watchdog group launches NFT project, which is then exploited September 2, 2022
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@web3isgreat
web3 is going just great
1 year
FTX-hosted NFTs break after website is redirected to a restructuring page December 7, 2022
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@web3isgreat
web3 is going just great
2 years
Crypto-themed restaurant stops accepting crypto June 24, 2022
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@web3isgreat
web3 is going just great
2 years
eth dot link service about to go offline because domain owner is in prison August 25, 2022
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@web3isgreat
web3 is going just great
2 years
NFT collector accidentally sells their rock for close to $0 instead of over $1 million March 10, 2022
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@web3isgreat
web3 is going just great
2 years
Tax season begins to hit crypto Reddit hard January 31, 2022
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@web3isgreat
web3 is going just great
2 years
Pixelmon raises $70 million only to reveal hilariously bad NFTs February 25, 2022
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@web3isgreat
web3 is going just great
2 years
Popular blockchain game Axie Infinity suffers a $625 million exploit, possibly the largest in defi history March 29, 2022
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@web3isgreat
web3 is going just great
1 year
Tax loss harvesting service emerges to help collectors unload their worthless NFTs December 29, 2022
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@web3isgreat
web3 is going just great
2 years
Renter loses half their security deposit after landlord puts it into Bitcoin June 2, 2022
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@web3isgreat
web3 is going just great
2 years
NFT sales drop 92% from peak May 3, 2022
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@web3isgreat
web3 is going just great
2 years
Bitcoin mining operation Riot Blockchain earns more money in July by not mining, effectively mines without paying for power August 8, 2022
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@web3isgreat
web3 is going just great
2 years
Ethereum transition to proof-of-stake delayed again, as is tradition April 13, 2022
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@web3isgreat
web3 is going just great
1 year
Shitcoin project tests the limits of cringe by building $600,000 statue of Elon Musk and delivering it to Tesla HQ November 26, 2022
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@web3isgreat
web3 is going just great
2 years
NFT collector loses Bored Apes he bought for nearly $2 million in two consecutive scams October 8, 2022
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@web3isgreat
web3 is going just great
2 years
[DEVELOPING]: NFT holders panic as wallets are drained; some blame a new smart contract from OpenSea, others blame a new platform called X2Y2 February 19, 2022
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@web3isgreat
web3 is going just great
2 years
Bored Apes Discord compromised again, 32 NFTs stolen and flipped for $250,000 June 4, 2022
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@web3isgreat
web3 is going just great
2 years
Hostess announces $TWINKcoin snack cakes June 22, 2022
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@web3isgreat
web3 is going just great
2 years
FOIA request reveals that Coinbase has been providing ICE with blockchain analytics tools June 29, 2022
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@web3isgreat
web3 is going just great
2 years
Estavi's crypto projects, Bridge Oracle and CryptoLand, collapsed last year after he was arrested and imprisoned for "disrupting the economic system"
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@web3isgreat
web3 is going just great
2 years
Beanstalk Farms stablecoin project loses $182 million to exploit April 17, 2022
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@web3isgreat
web3 is going just great
2 years
Bill Murray's NFT charity auction nets $185,000, which is then immediately stolen September 1, 2022
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@web3isgreat
web3 is going just great
2 years
Martin Shkreli dumps his project's token in "hack" August 12, 2022
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@web3isgreat
web3 is going just great
2 years
CoinDesk reports that Decentraland has just 38 daily active users October 7, 2022
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@web3isgreat
web3 is going just great
2 years
The Wikimedia community formally requests that the Wikimedia Foundation no longer accept cryptocurrency donations April 12, 2022
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@web3isgreat
web3 is going just great
2 years
The silver lining is that now those 2.1 million LUNA they accidentally sent to a thief are now only worth $11 million instead of $38 million ¯\_(ツ)_/¯
@web3isgreat
web3 is going just great
2 years
Luna 2.0 airdrop sends 2.1 million $LUNA to Mirror Protocol thief May 28, 2022
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@web3isgreat
web3 is going just great
1 year
Collector accidentally burns their $123,000 CryptoPunk March 24, 2023
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@web3isgreat
web3 is going just great
2 years
apologies if this is how you're finding out that bill murray is selling NFTs now
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@web3isgreat
web3 is going just great
2 years
Binance gave Putin regime information on users who donated to opposition leader Alexei Navalny April 22, 2022
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@web3isgreat
web3 is going just great
2 years
ape holders can use multiple slurp juices on a single ape May 4, 2022
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@web3isgreat
web3 is going just great
1 year
Sam Bankman-Fried arrested December 12, 2022
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@web3isgreat
web3 is going just great
2 years
User trying to swap $5 in stablecoins via Decentral Bank ends up with $10 trillion July 6, 2022
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@web3isgreat
web3 is going just great
2 years
Coca-Cola launches Pride NFTs, bringing the commercialization of Pride to new lows June 30, 2022
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@web3isgreat
web3 is going just great
2 years
After choosing to keep the crypto, divorcee wants a do-over August 18, 2022
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@web3isgreat
web3 is going just great
2 years
Celsius pauses all withdrawals, claims it's due to "extreme market conditions" June 12, 2022
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@web3isgreat
web3 is going just great
2 years
Even a free sports car couldn't get anyone to bid on Chevrolet's first NFT June 25, 2022
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@web3isgreat
web3 is going just great
1 year
Tesla lost $140 million trading Bitcoin in 2022 January 31, 2023 https://web3isgoinggreat.com/?id=tesla-lost-140-million-trading-bitcoin-in-2022
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@web3isgreat
web3 is going just great
2 years
Trader loses $510,000 trying to convert funds between two currencies January 29, 2022
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@web3isgreat
web3 is going just great
2 years
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.
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@web3isgreat
web3 is going just great
2 years
133 NFTs valued at $2.4 million stolen when hacked Bored Apes Instagram advertises fake land airdrop April 25, 2022
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@web3isgreat
web3 is going just great
2 years
Two QAnon influencers running crypto scams steal more than $2 million from their followers June 20, 2022
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@web3isgreat
web3 is going just great
2 years
Tesla announces they sold 75% of their Bitcoin July 20, 2022
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@web3isgreat
web3 is going just great
2 years
Game studio pauses development on their game after sinking Kickstarter funds into crypto August 11, 2022
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@web3isgreat
web3 is going just great
2 years
Another Bored Ape owner makes a typo, sells NFT for $180,000 less than they intended May 30, 2022
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@web3isgreat
web3 is going just great
2 years
Coinbase CEO tries to weave a compelling story about how their own team came up with a Super Bowl ad that "broke the rules on marketing", is quickly revealed to just be taking credit for the work of an outside ad agency February 21, 2022
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@web3isgreat
web3 is going just great
2 years
Juno accidentally transfers $36 million in seized funds to inaccessible wallet address May 5, 2022
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web3 is going just great
2 years
Toronto Comic Arts Festival sparks outrage by featuring NFT creator Saba Moeel, Moeel found to have widely traced her artwork May 30, 2022
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web3 is going just great
2 years
NBA player De'Aaron Fox ditches his NFT project after raking in $1.5 million February 23, 2022
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@web3isgreat
web3 is going just great
2 years
i've peaked
@GreatDismal
William Gibson
2 years
It was hot, the night we burned Wintermute…
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@web3isgreat
web3 is going just great
2 years
Celsius files for bankruptcy July 13, 2022
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web3 is going just great
2 years
We can prove the promise of ape community
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@web3isgreat
web3 is going just great
1 year
Logan Paul threatens to sue CoffeeZilla for exposing his (alleged) grift January 4, 2023
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web3 is going just great
2 years
Former asset manager for Celsius files lawsuit alleging the company was a Ponzi scheme July 7, 2022
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web3 is going just great
2 years
Someone claims to have burned a Frida Kahlo drawing to "transition it into the Metaverse" as NFTs September 28, 2022
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web3 is going just great
2 years
With that, the Grift Counter™ has crossed the $10 billion mark
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web3 is going just great
2 years
Sub-primate lending: $5.3 million in Bored Apes used as loan collateral are at risk of being liquidated August 19, 2022
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web3 is going just great
2 years
Anna "Delvey" Sorokin announces she will "move away from the 'scammer persona'" and launch NFTs June 16, 2022
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web3 is going just great
1 year
Coachella NFTs stop working due to FTX collapse November 15, 2022
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web3 is going just great
2 years
Snapchat abandons its web3 plans August 31, 2022
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web3 is going just great
2 years
Twitter launches special hexagonal NFT profile pictures, so now you don't even have to check a username for ".eth" to know who to avoid January 20, 2022
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web3 is going just great
2 years
[ONGOING]: People rush to steal some of the $190 million in the Nomad bridge after an exploit is discovered August 1, 2022
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web3 is going just great
2 years
@MikeBurgersburg Meanwhile, on r/CelsiusNetwork
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@web3isgreat
web3 is going just great
1 year
These were some of the paid tweets that were made without disclosure. Lohan and Lil Yachty got $10,000, Ne-Yo got $12,000, and somehow Jake Paul got $25,000 for retweeting Lil Yachty. If I was Lil Yachty I'd be mad lol
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web3 is going just great
2 years
franklinisbored tried sending an NFT to the other party, asking nicely for them to give him the 100 ETH back. they just replied with their own NFT 💀
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web3 is going just great
2 years
Terrible news for projects like NFT Worlds, which are just a layer on top of Minecraft. Their token price and NFT floor prices have both crashed more than 70% on the news.
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web3 is going just great
2 years
87% of trades on LooksRare NFT platform reported to be wash trades January 28, 2022
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web3 is going just great
2 years
prescient stuff from @AdamSacks h/t @DocPop
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web3 is going just great
2 years
Binance adds a branded hashtag to Twitter that closely resembles a swastika #Binance April 20, 2022
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@web3isgreat
web3 is going just great
1 year
Meta pulls the plug on NFTs March 13, 2023
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web3 is going just great
2 years
Terra decides to release "Terra 2.0", because apparently the way to fix a crypto catastrophe is with more crypto May 25, 2022
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web3 is going just great
2 years
Crypto games site "w3itch[.]io" blatantly copies , hosts stolen games June 29, 2022
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@web3isgreat
web3 is going just great
4 months
So long, hexagon: Twitter removes NFT profile picture support January 10, 2024
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@web3isgreat
web3 is going just great
1 year
Decentraland adds that one feature we've all been waiting for: landlords December 11, 2022
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web3 is going just great
11 months
Ponzi scheme promising a blockchain app to identify dogs by their nose-prints scams investors out of $127 million June 22, 2023
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web3 is going just great
2 years
FTX founder Sam Bankman-Fried tries to explain yield farming and it's just a ponzi April 25, 2022
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web3 is going just great
2 years
Then again, the likelihood of someone successfully holding on to 10,000 BTC since 2010 without losing them to Mt. Gox or any other of the many fiascos is somewhat slim.
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@web3isgreat
web3 is going just great
2 years
Report reveals that crypto investment firm Uprise lost 99% of customer funds trying to short Luna during its collapse July 6, 2022
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web3 is going just great
2 years
OptiFi developer accidentally closes the project contract, irretrievably locking $661,000 August 29, 2022
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web3 is going just great
2 years
One misconfigured node apparently takes the entire Solana network offline September 30, 2022
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web3 is going just great
2 years
From the Celsius subreddit. Until now, some people were still holding out hope that the pause on withdrawals was temporary.
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@web3isgreat
web3 is going just great
1 year
[bong rip] hear me out here, but what if we created a central entity that could act to stabilize financial institutions in times of crisis
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@web3isgreat
web3 is going just great
2 years
Someone scrapes pre-launch NFT data to steal and launch their own goblin asses project June 2, 2022
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web3 is going just great
2 years
Ubisoft now claims its forceful introduction of NFTs was only "research" September 10, 2022
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web3 is going just great
2 years
One thing that must be emphasized: the Axie Infinity hack occurred on March 23. Sky Mavis became aware of it this morning, March 29, after a report from a user having trouble withdrawing funds. The equivalent of $625MM was missing for SIX DAYS before they realized it.
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web3 is going just great
2 years
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
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web3 is going just great
2 years
Collector sells Bored Ape for $513,000 less than they paid for it June 1, 2022
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