Proof of Stake - Stories Behind Crypto

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Richard Enlow

5 episodes

7 months ago

At the height of the pandemic, Axie Infinity wasn’t just a game — it was a lifeline. In the Philippines, thousands of players earned a real living by battling cartoon monsters on the blockchain. But behind the scenes, cracks were forming in the game's foundation. In this episode of Proof of Stake, we trace the rise and fall of the world’s most popular play-to-earn game. From a viral sensation powering household incomes in Southeast Asia to a devastating $625 million bridge hack allegedly tied...

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Episodes (5/5)

Proof of Stake - Stories Behind Crypto

Broken Bridge: The Axie Infinity Hack and the Fall of Play-to-Earn

7 months ago

27 minutes

Proof of Stake - Stories Behind Crypto

The Ethereum Heist: The Hack That Split a Blockchain in Two

In 2016, a mysterious attacker siphoned $60 million in Ether from The DAO—a revolutionary decentralized investment fund. What followed was a moment of reckoning for Ethereum: Should they stand by the code, or rewrite history to save the network? This is the story of the biggest hack in Ethereum’s early history—how it happened, the ideological war it unleashed, and the controversial fork that created two rival chains: Ethereum and Ethereum Classic. Was the hacker a thief—or just following the ...

7 months ago

29 minutes

Proof of Stake - Stories Behind Crypto

Bitconnect: The Crypto Cult That Crashed Hard

At its peak, Bitconnect was more than just a crypto platform—it was a full-blown cult. With its devoted followers, wild promises of riches, and an infamous rallying cry ("BIIIIITCONNEEEECT!"), it pulled in billions before vanishing into thin air. So what really happened? How did this Ponzi scheme grow so fast? And why did people believe in it so blindly? In this episode, we break down the mind games, the hype, and the collapse of one of crypto’s biggest scams. Was Bitconnect always doomed to ...

7 months ago

30 minutes

Proof of Stake - Stories Behind Crypto

The Tether Controversy: The Stablecoin That Could Shake Crypto

For years, Tether (USDT) has been the backbone of the crypto economy, promising stability in a volatile market. But behind the scenes, questions loom—does Tether really have the reserves it claims? Or is it the ticking time bomb that could bring the entire industry crashing down? In this episode of Proof of Stake, we investigate the biggest stablecoin in crypto history and the financial mystery that could change everything. 🔹 What you'll learn: ✅ How Tether became the most traded crypto asse...

8 months ago

40 minutes

Proof of Stake - Stories Behind Crypto

The Crypto King’s Vanishing Act: The QuadrigaCX Mystery

In 2019, Gerald Cotten, CEO of Canada’s largest crypto exchange, QuadrigaCX, was reported dead—taking $190 million of customers’ funds with him. But as investigators dug deeper, they uncovered a tangled web of deception, missing money, and a story that was stranger than fiction. Was Cotten really dead, or did he fake his own death and escape with millions? In this episode of Proof of Stake, we unravel one of the most bizarre crypto mysteries of all time. 🔹 What you'll learn: ✅ How QuadrigaCX ...

8 months ago

28 minutes