The Terra-Luna Collapse: An Investigative Economic Analysis of a $40 Billion Catastrophe
The collapse of Terra (LUNA) and its algorithmic stablecoin, TerraUSD (UST), in May 2022 marked one of the most catastrophic failures in cryptocurrency history. This event wiped out over $40 billion in market value within days, devastated investor portfolios, and sent shockwaves throughout the decentralized finance (DeFi) ecosystem. Beneath the surface lies a story of […]
SafeMoon: From Promising Tokenomics to Allegations of a $68 Million Rug Pull
SafeMoon launched in early 2021, riding a wave of interest in meme coins and innovative tokenomics. Marketed as a “community-driven” cryptocurrency with unique features like reflection rewards and liquidity generation, it quickly gained popularity. However, allegations of mismanagement, insider manipulation, and fraudulent practices have cast SafeMoon as one of the most controversial projects in crypto […]
Crypto Casinos vs. Giants: How Blockchain is Reshaping the $100 Billion Gambling Industry
The online gambling industry has experienced significant growth, with the global market projected to reach approximately $100.90 billion in 2024. Within this sector, crypto casinos have emerged as a notable segment, with an estimated market size of $250 million. Market Share and Growth In 2021, cryptocurrencies accounted for nearly 25% of the iGaming market, a […]
Hawk Tuah Coin $HAWK plumeted
Haliey Welch, widely recognized as the “Hawk Tuah Girl” following her viral internet fame, recently ventured into the cryptocurrency market with the launch of her meme coin, $HAWK, on December 4, 2024. The coin experienced a meteoric rise, reaching a market capitalization of $490 million shortly after its debut. However, within hours, it suffered a […]
Blockchain for Dummies: The Basics Explained
In the modern digital age, blockchain has become a buzzword, often associated with cryptocurrencies like Bitcoin. However, the technology goes far beyond just digital currencies. This guide will break down blockchain into simple terms to help you understand its fundamentals. What Is Blockchain? At its core, a blockchain is a digital ledger. It’s like a […]
Squid Game Token: The $3 Million Rug Pull Fueled by Pop Culture and Greed
In late 2021, the Squid Game Token (SQUID) emerged as one of the most blatant rug pulls in cryptocurrency history. Riding on the massive success of Netflix’s Squid Game series, the token captivated investors with promises of a play-to-earn (P2E) gaming platform. However, the project was a scam from the outset, and within days, its […]
BitConnect: The $2 Billion Crypto Ponzi Scheme That Shook the Industry
BitConnect was one of the most infamous crypto Ponzi schemes in history, defrauding investors of an estimated $2 billion. Founded on promises of guaranteed returns through a “revolutionary” trading bot and lending platform, BitConnect unraveled spectacularly in early 2018, leaving a trail of financial ruin and distrust. Its collapse underscored the dangers of unregulated crypto […]
The Rise and Fall of OneCoin: A $4 Billion Crypto Rug Pull
OneCoin, touted as “the Bitcoin killer,” stands as one of the largest financial scams in history, defrauding investors of an estimated $4 billion between 2014 and 2016. Spearheaded by the enigmatic Ruja Ignatova, the so-called “Crypto Queen,” OneCoin epitomized the dangers of unregulated crypto investments, leveraging charisma, aggressive marketing, and ignorance to orchestrate one of […]
Top 5 Rug Pulls in the History of Crypto
Cryptocurrency has opened countless doors for innovation, decentralization, and wealth creation. Yet, the unregulated nature of the industry has also given rise to significant frauds, including “rug pulls” — projects where developers suddenly withdraw liquidity, leaving investors with worthless tokens. Here, we highlight the top 5 rug pulls in crypto history, summarizing their scale, impact, […]
If You Had Invested $1,000 in Dogecoin When Elon Musk First Tweeted
…here’s How Much It Would Be Worth Today On April 2, 2019, Elon Musk made his first public mention of Dogecoin, a cryptocurrency that started as a joke but became a sensation. At that time, Dogecoin was trading at just $0.002552. A $1,000 investment on that day would have bought you 391,168 DOGE. Fast forward […]
