Beyond the Ticker. We chronicle the true stories, architecture, and human dramas behind Web3. Primary sources only. No financial advice. 🌐 https://xitter.cf/t.co/gMbxyB4S0I

Web3 Archive
Joined August 2026
Why does crypto need another archive? 🧵 Thousands of tokens launch with hype, but 1-second candle charts never tell you who built them, why they exist, or where the code broke. We built @_CoinYQ_ to fix that. ⬇️
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Filecoin’s Solstice gives new sectors 10× quality-adjusted power, not 10× more data. Reward weights can change without adding customer files. Read the accounting rule before treating a chart as demand. coinyq.com/stories/filecoin-…
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Ethereum’s draft EIP-7906 would check outcomes after execution. A failed assertion would undo the execution body, not consumed gas or prior validation. Check the rollback boundary, not just the promise. coinyq.com/stories/ethereum-…
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Glamsterdam is scheduled for Hoodi on Oct 26, not mainnet. Access lists help nodes prepare data for parallel validation; the lists still need checking. A map of the work is not proof it was done. coinyq.com/stories/ethereum-…
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Ledger says an implant in a CryptoBilis-sold device read the 24 recovery words on screen and sent them over LTE. Protecting the chip does not protect a backup that another component can read. coinyq.com/stories/ledger-cr…
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In 2023, Lichtenstein and Morgan pleaded guilty after layering stolen Bitfinex funds through mixers, exchanges and bank accounts. Moving money is not erasing evidence: each exit can leave records. coinyq.com/stories/razzlekha…
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WizSec traced Mt. Gox's hot-wallet drain to late 2011, years before its 2014 collapse. A balance on an exchange is a database claim, not proof of coins in custody. Reconcile the ledger with the wallets. coinyq.com/stories/mt-gox-85…
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GRVT’s July airdrop fixed the pool at 280M tokens. Deferral multipliers increased allocation weights, not the pool. Each share competed with everyone else’s weighted shares. A bigger multiplier is not a bigger pie. coinyq.com/stories/grvt-aird…
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Concrete vault shares track strategy gains and losses. CT is different: its Foundation says CT grants no profit-sharing rights. A governance token is not a claim on vault yield. Check which right you hold. coinyq.com/stories/concrete-…
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Hemi says its September exploit re-entered a claim before balances updated, draining 124.5M HEMI. Recording chain history in Bitcoin cannot prevent an app bug. Check execution safety separately. coinyq.com/stories/hemi-proo…
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In August 2026, Eliza's founder said its token was dead and the foundation was winding down. He also said the open-source framework would continue. A token exit is not proof the code disappeared. coinyq.com/stories/ai16z-sha…
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In October 2022, Tether said it replaced its remaining commercial paper with U.S. Treasury bills. Changing reserve assets does not give token holders a government guarantee. Check backing and legal rights separately. coinyq.com/stories/tether-ca…
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Pump's curve starts with virtual reserves but zero real SOL. Tokens trade before a creator seeds a pool. Virtual reserves set prices; they are not cash backing. Check real reserves, not just a quote. coinyq.com/stories/pump-fun-…
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In May 2022, Galaxy's CEO said it had taken profits on LUNA while calling his tattoo a lesson in humility. An endorsement is not a position report: public conviction does not reveal remaining exposure. coinyq.com/stories/mike-novo…
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Freysa's 2024 game paid 13.19 ETH after a prompt triggered its transfer tool. That was the designed prize, not a theft. The lesson: a model's no-transfer instruction is not a spending limit enforced outside it. coinyq.com/stories/freysa-ai…
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On Aug 11, 2020, MicroStrategy reported a $250M bitcoin purchase and launched a share tender for up to $250M. Buying assets and offering to buy shares are different stages. Check what actually closed. coinyq.com/stories/michael-s…
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Pi's 2019 whitepaper separated daily phone check-ins from desktop nodes running consensus. Earning app rewards is not the same as validating a ledger. Ask which role actually orders transactions. coinyq.com/stories/pi-networ…
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In 2023, Chainalysis described Lemon Cash cards selling crypto at checkout while shops received local currency. A crypto-funded purchase is not necessarily a crypto payment to the merchant. coinyq.com/stories/argentina…
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Ordinals number individual satoshis. Casey Rodarmor put inscription content in Taproot scripts because those scripts had no size limit. Using an existing script path is not the same as changing consensus. coinyq.com/stories/casey-rod…
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In 2023, Judge Torres split Ripple’s own XRP sales. Written institutional contracts were investment contracts; its blind exchange sales were not, on that record. A token does not settle the transaction. coinyq.com/stories/ripple-se…
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In 2023, Helium moved nearly 1M hotspot credentials to Solana as compressed NFTs. Oracles still handle radio data and rewards. An onchain device registry is not onchain proof of physical work. coinyq.com/stories/helium-de…
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