Category: Blockchain
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Pillow
What did Pillow do? Pillow Crypto was a Singapore-based cryptocurrency investment startup that allowed customers to invest in Bitcoin, stablecoins, and altcoins. It promised returns of up to 18%, but this figure dropped to 14% as the market cooled. Pillow aimed to make cryptocurrency usage understandable and simple for retail users. It simplified cryptocurrency investments […]
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Wyre
What did Wyre do? Wyre was a leading infrastructure provider in the crypto space, offering a range of services to help individuals and businesses buy, sell, and store cryptocurrencies. They recently launched a new dashboard that provided instant access to test API keys to start building, making it easier for developers to get started. Wyre […]
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Clockwork
What did Clockwork do? Clockwork was a decentralized application (dApp) that operated on the Solana blockchain. The dApp was composed of a smart contract and a web application. The smart contract was responsible for storing the state of the dApp, such as the list of scheduled tasks and the results of those tasks. The web […]
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FTX
What did FTX do? FTX was a cryptocurrency exchange and trading platform that was founded in 2017 by Sam Bankman-Fried and Gary Wang. FTX stood for “Futures Exchange” and initially focused on providing futures and derivatives trading for cryptocurrencies. FTX gained popularity due to its wide range of trading products, including leveraged tokens, options, and […]
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Munchee
What did Munchee do? Munchee promised to be a trusted review app and website for restaurants and bars. By requiring reviewers to include a geo-tagged photo with reviews, Munchee would offer a high degree of confidence its reviews are legitimate. As one blogpost detailing Munchee’s downfall wrote, “The experience emphasized what Munchee claimed was truly […]