Proof of Stake - Stories Behind Crypto
"Proof of Stake" unravels the biggest scandals, mysteries, and crimes in crypto—where fortunes vanish, fraudsters thrive, and the truth is buried in the blockchain. From Ponzi schemes to hacked exchanges, each episode takes you deep inside the stories that shook the crypto world.
Proof of Stake - Stories Behind Crypto
Broken Bridge: The Axie Infinity Hack and the Fall of Play-to-Earn
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 to North Korea, Axie Infinity’s story is one of hope, hype, and heartbreak.
How did a digital pet game reshape lives in the Global South — and what happens when the bridge to that future collapses?
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