30/08/24
LIDO is the biggest DeFi protocol and this is yellow flag for it.
21/08/24
Solana memecoin rug scam using hacked Instagram account of McDonald's.
03/06/24
Worth to remember Year 2017. Includes description of Parity Wallet Hack where 3 wallets had been drained of over 150,000 Ether.
22/04/24
Article about 2024 Solana meme-coin fraud projects "The 12 now-defunct projects raised a total of $26.7 million by way of a controversial fundraising method known as a presale."
22/11/22
"The goal of the blockchain industry is not to have DeFi services for a few cryptocurrency enthusiasts, but to create alternative financial services on decentralized networks that will at least partially replace the current centralized ones. The more crashes we see in the CeFi space, the more it will become clear to everyone that DeFi and self-custody are the only way to go."
16/11/22
Read this to understand the FTX bankruptcy. Used stimulant and medications explained too.
14/11/22
Almost gone... 320k ETH. "Crypto.com CEO confirmed the return of the funds and reassured the investors that new processes and features were implemented to prevent a reoccurrence."
12/11/22
"The FTX bankruptcy follows rumors of a massive hole in the companyâ??s balance sheet, with some estimates rising as high as $9 billion.
Over the past two weeks, Bankman-Friedâ??s $32 billion company collapsed in the face of mounting evidence that the relationship between FTX and Alameda Research, the trading arm he also co-founded, was deeply unhealthy. "
12/11/22
"The story between cryptocurrency exchanges Binance and FTX has quickly unfolded and caused havoc in the crypto market. Hereâ??s a breakdown of where it began and where it is now."
04/10/22
"Former CEO of Celsius Alex Mashinsky allegedly withdrew $10 million from the company's account back in May, just weeks before the now-defunct crypto lending firm froze customer withdrawals, according to the Financial Times."
19/06/22
"Celsius, which as of May boasted $11.8 billion in digital assets under management, made the decision Sunday to pause withdrawals, swaps and transfers between user accounts, citing â??extreme market conditions.â??"
18/06/22
Tech analysis of start of Terra death spiral. "The popular decentralized stablecoin lost its dollar peg and fell to pennies in May. A South Korean blockchain analysis firm suggests the death spiral was sparked by transactions from a wallet linked to the lead Terra developer â?? though any motivation or rationale remains a mystery."
17/06/22
Short article about 3AC problems, high risk investment company, which lost 60% on 27 key assets and $560m on LUNA collapse. "Three Arrows Capital (3AC), a Singapore-based crypto hedge fund, has allegedly failed to fulfill margin calls from its lenders, increasing the specter of bankruptcy after this weekâ??s crypto market crash."
"The corporation maintained major interests in a number of projects, including Solana (SOL) and Avalanche (AVAX), and had considerable exposure to Terra (which was once known as Luna and is now known as Luna Classic (LUNC)."
22/05/22
Long article. "Terra's implosion will be remembered as one of the biggest moments in crypto history. Chris Williams tells the story of the blockchain and its controversial leader, Do Kwon."