The success of Bitcoin has led to a global boom in cryptocurrencies over the past two years. The website coinmarketcap.com currently lists over 2,000 active cryptocurrencies. In contrast, deadcoins.com focuses on the darker side of the hype. The site currently lists 934 failed cryptocurrencies, sorted by the reasons for their demise. According to the site, 72.9 percent of these "deaths" were delisted from exchanges, no longer have any trading volume or nodes, or were abandoned by their developers due to financial failure; another 19.4 percent turned out to be fraudulent.
The success of Bitcoin has led to a worldwide boom in digital currencies over the past two years. The coinmarketcap.com site currently lists over 2,000 active cryptocoins. In contrast, deadcoins.com has dedicated itself to the dark side of the hype. The site currently lists 934 failed digital currencies, sorted by the reasons for their end. Accordingly, 72.9 percent of the “deaths” were listed by stock exchanges, no longer have any trading volume or nodes, or were abandoned by their developers due to financial failure; a further 19.4 percent turned out to be fraud.
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