Trenches idiocracy
By Carlitos
Down in the on chain trenches, it is pure PvP. Idiocracy abounds, and if you don’t understand how the food chain works, you are the food.
People love being guided straight to the slaughterhouse.
Follower count does not mean conviction.
What they say vs what they do (Jack example)
Look at the Jack Doherty situation. The guy goes on stream, shouts “I’m never selling! holding to $100m market cap!”, gets his audience to buy in, and then immediately drains $200k+ in liquidity through dev wallets in minutes.
It’s the exact same scam playbook every time. Words mean zero.
State sponsored exploits: Lazarus Group
While retail fights over meme coins, state actors are pulling off high level drains. The North Korean Lazarus Group has stepped up sophisticated social engineering and supply chain exploits across Web3:
Gracy Chen @Bitget @GracyBitgetHere is what we can confirm at this stage:On the attack:
Our security team has made initial progress in tracing the source. The attacker compromised a critical backend system within our wallet infrastructure, used it to spoof transaction data, and triggered our authorization…View on X →
