Side N
A Chain of Its Own, and the Bill It Still Pays
Which sources back which section of this article, and what its evidence base looks like.
Which sources back which section
| Section | Sources behind it |
|---|---|
| What Happened | Circle’s own launch release and its own founding-validator release; Circle’s two Forms 8-K on the ARC presale and its Form 10-K for 2025; the United States Senate’s own roll-call record; the Federal Reserve’s own FOMC statement; Yahoo Finance chart data for CRCL, COIN and bitcoin; The Crypto Times; Crypto Briefing; crypto.news |
| Timeline | Circle’s Form 10-K and Form 10-Q and its three press releases; the two Forms 8-K; the enrolled text of the GENIUS Act; Yahoo Finance chart data; Crypto Briefing; CoinDesk |
| The Argument | Circle’s Form 10-K, its Form 10-Q and its second-quarter results release; Coinbase’s Form 10-K; the enrolled text of the GENIUS Act; crypto.news |
| What Others Add | Arc’s own documentation, in two parts; Base’s own documentation; Circle’s launch release; the enrolled text of the GENIUS Act; L2BEAT; DefiLlama, in two parts; crypto.news; CoinDesk |
| Conclusion | Circle’s launch and founding-validator releases; Arc’s and Base’s own documentation; the Federal Reserve’s FOMC statement; Circle’s Form 10-K; L2BEAT; DefiLlama; Yahoo Finance chart data; CoinDesk |
What the evidence base looks like
- 25Sources behind this article
- 9Regulatory filings and official records of the state
- 14Distinct publishers, counted by registered domain
- 25Read in full, none at second hand
| What the source is | How many | How they were read |
|---|---|---|
| Filings the two companies made to their securities regulator, signed and legally accountable | 6 | All six read in full from the regulator’s own archive |
| Official records of the state: an enacted statute, a chamber’s roll call, a central bank’s decision | 3 | All three read in full at the issuing body’s own address |
| Press releases in which a company describes its own product | 3 | All three read in full; treated as definitive about what the company says and not about what is so |
| The two networks’ own technical documentation | 3 | All read in full; they are the specification a developer is held to, which is what makes them checkable |
| Independent data providers, read through their public interfaces rather than their web pages | 6 | All read in full, each one dated to the day it was read, because every figure from them moves |
| Trade press reporting on the same events | 4 | All four read in full. Two carry a named reporter; one carries only an editorial byline and its own figure was superseded by the closing prices; one discloses that it was written with AI assistance and editorially reviewed |
Reliable
Reliable, but with an interestWorth believing and reliableWeak on both, and used with careHonest, but thin
Worth believing