[REP] - CoinW Addresses

[kingschmidty]

What type of Algorand key?

Account (Wallet Address)

Key

HIYYRB4HJ72LNSHPISGKUEB325DYQGYOPIP5VBZSP2HYEQY7AOIHAZT7DQ

Details

I believe that HIYYRB4HJ72LNSHPISGKUEB325DYQGYOPIP5VBZSP2HYEQY7AOIHAZT7DQ and IOAPLETUFMCC32G6TYGR7U53GN2B24IAYGC6XWBRDQALF2ASQ4V7L3IGBU are CoinW addresses.

Firstly there are many transactions from HIYY which are labeled coinw. All of the outgoing txns prior to 3/13/23 are all labeled with coinw, https://allo.info/account/HIYYRB4HJ72LNSHPISGKUEB325DYQGYOPIP5VBZSP2HYEQY7AOIHAZT7DQ/txns?beforeTime=2023-03-13T09%3A19&sender=HIYYRB4HJ72LNSHPISGKUEB325DYQGYOPIP5VBZSP2HYEQY7AOIHAZT7DQ. Examples can be seen here: https://allo.info/tx/BNL7AWWR2PJSYPOJV24EK5HP3QNMB2CNXWD4MZZ7ZEXSGCTJRTQA, https://allo.info/tx/FDU37PU3QI5ILSU4NSI6ROAKKVWALGWDGW4IB4EHFG2WSUHH6S3A and https://allo.info/tx/RKUSN2ADMUAFG5ZR3J75EQDUPJ52CW53TZVULYNGIB4ABXNEE4VA.

Additionally, there are txns from deposit addresses to HIYY which are also labelled coinw. Just as the exchange was set to add a note for outgoing from the main HIYY address, it was also set to add the note "coinw" from the deposit addresses. You can see some examples here: https://allo.info/tx/JZEQU5AQN6VINEJD2SCTYZB7QFVZPOBN32DGESUVURFHGYFTSZUQ, https://allo.info/tx/3GJPEIZVO54YTOSTW64JXOI2CI3GHYHJHWUC6W5P4O6QBEBXBW2A, and https://allo.info/tx/4HLL4HNIWNPLBVZIAA22LS3TWET7SIWOXEGSDF2ST4FOVI5L4MSQ.
Full list of deposit address txns labeled "coinw":
HIYY_deposit_addr_notes.csv

Secondly, CoinW has been one of the oldest exchanges utilizing ALGOs. CoinW mentions that they were distributing ALGO rewards for deposits as early as July 8, 2019, https://coinw.zendesk.com/hc/en-us/articles/360033924694-Promotion-Rewards-and-Airdrops-Have-Been-Successfully-Distributed. The HIYY address goes back to June 2019, just after mainnet launch, https://allo.info/account/HIYYRB4HJ72LNSHPISGKUEB325DYQGYOPIP5VBZSP2HYEQY7AOIHAZT7DQ/txns?sorting=ROUND_ASC. Not many addresses are active that far back. So for HIYY to be active then, and CoinW mentioning that they were distributing rewards for that time period, acts as a confirmation for HIYY to be a CoinW address.

HIYY is linked to IOAP. HIYY was emptied and is no longer active. The last txn and the largest last outflows both go to IOAP, https://allo.info/account/HIYYRB4HJ72LNSHPISGKUEB325DYQGYOPIP5VBZSP2HYEQY7AOIHAZT7DQ/txns. This big last outflow for HIYY was also the first large inflow for IOAP, https://allo.info/account/IOAPLETUFMCC32G6TYGR7U53GN2B24IAYGC6XWBRDQALF2ASQ4V7L3IGBU/txns?sorting=ROUND_ASC. Thus it should be considered that the activity for HIYY was transferred to IOAP.

Overall, the txn notes for the main address, and the deposit addresses, and the early activity point to a CoinW ownership of HIYY. The initial and last flows, as well as the large transfer of funds link HIYY to IOAP.

[kirse]

Thanks man, just rolled these out. Had a mega-UI/UX refactor coming which is now live tonight. Still have your Explorer rubric & the prior feedback on research tools as we continue forward. Would love to hear any feedback on what would make the experience better!