Category: Blockchain

  • FTX

    FTX

    The rise and fall of FTX, once a prominent player in the cryptocurrency exchange market, is a tale of rapid growth, ambitious expansion, and a dramatic collapse. Founded in 2017 by Sam Bankman-Fried, FTX quickly rose to become the third-largest cryptocurrency exchange by volume, boasting over one million users. However, in November 2022, FTX’s fortunes…

  • Pillow

    Pillow

    Pillow Crypto, a Singapore-based cryptocurrency investment startup founded in 2021, recently announced the discontinuation of all its services. Despite securing significant funding and making strides in the crypto investment space, Pillow succumbed to regulatory uncertainties and a tough business environment, leading to its closure in 2023. Vision and Services Pillow aimed to democratize cryptocurrency investments,…

  • Clockwork

    Clockwork

    What Happened to Clockwork? A Tale of Innovation and Market Challenges Clockwork, a promising startup in the blockchain space, was founded in 2020 by CEO Nick Garfield and CTO Jovan Zatezalo. It operated as a decentralized application (dApp) on the Solana blockchain, a platform known for its high-speed and low-cost transactions. Clockwork’s unique proposition lay…

  • Wyre

    Wyre

    Wyre, a cryptocurrency payments and infrastructure provider, once held a promising position in the fintech world but experienced a dramatic downturn that led to its shutdown. Founded in 2013 by Michael Dunworth and Ioannis Giannaros, Wyre had raised a total of $29.1 million across nine rounds of funding from investors like Pantera Capital, Stellar Development…

  • Munchee

    Munchee

    Munchee, founded in 2017, was an innovative startup with a mission to revolutionize restaurant and bar reviews. Their unique approach required reviewers to include a geo-tagged photo with their reviews, emphasizing the authenticity and reliability of the content. However, Munchee’s journey was cut short due to legal issues related to its fundraising methods. In a…