Crypto scam where developers abandon project and steal investor funds. Squid Game token (2021): $3M stolen, token went to $0. Common in DeFi: fake liquidity pools, exit scams, honeypot contracts. Red flags: anonymous teams, locked liquidity claims, unrealistic APYs (10000%+), celebrity shills. Lost billions 2020-2022. Ledger: trust but verify code, avoid unaudited contracts.
Sources: Market data, cryptocurrency tracking sites, financial news
Rug Pull became crypto's defining scam: developers launch token, attract investors, drain liquidity, and disappear—leaving worthless tokens and billions in s...
> Endless cryptocurrency and NFT scams dominated 2022
The 24 Hour Startup challenge dared makers to ideate, build, launch, and get first paying customer within 24 hours—pushing speed-to-market to its extreme
360 deals emerged mid-2000s as labels panicked over declining CD sales
401(k) matching is when employers contribute money to your retirement account (401(k)) based on how much you contribute—commonly matching 50-100% of contribu...
Employer contribution to employee's 401k retirement plan, typically 50-100% of contributions up to 3-6% of salary