| | Between now and the New Year, the CoinMarketRecap podcast is doing something a little different. Connor and Molly Jane are counting down the biggest crypto stories of the year in a new series called the CMC 50. You can find us on Apple Podcasts, Spotify and Google Podcasts. And you can also change the rankings of the CMC 50 by voting through our interactive list! |
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| | If you've been in crypto long enough, weird stuff happening is the norm. But 2022 has delivered plenty of WTF moments — times when we throw our hands in the air and shake our heads in dismay. We've been chronicling this year's crazy moments on CoinMarketCap Alexandria — and here are just some of our favorites. |  | 1. A small violin for Miami's nightclubs. The bear market has had an impact in some rather unexpected ways. When Bitcoin was riding high, crypto bros would snap up 24 bottles of the most expensive champagne. Would they drink them? Nah, just shower themselves in it. Those glory days are gone, and now, they're nowhere to be seen.
2. The SEC mocks retail investors. An ad was released that aimed to warn consumers to be careful when dabbling in crypto and memestocks. It showed a contestant on a mock game show getting a custard pie to the face as his money fell through a trapdoor. The regulator was accused of disparaging everyday consumers.
3. Vitalik Buterin pokes fun at himself. Completely out of the blue, Ethereum's co-founder asked for examples of "the craziest and most unhinged criticisms" that his followers had seen about his appearance. He was compared to a Bond villain and an alien crackhead. What a glutton for punishment.
|  | 4. Crypto.com makes a fat-fingered error. When a customer requested a $100 refund, the exchange accidentally sent them $10.5 million. Worse still, the company didn't notice its mistake for seven months. By that time, Thevamanogari Manivel had bought herself a mansion and given away lavish gifts.
5. Mike Novogratz's huuuuuuuuuge mistake. Back in January, getting a new LUNA tattoo must have seemed like a good idea. But May saw the Terra ecosystem collapse, wiping $48 billion from the crypto markets. Novogratz says the ink "will be a constant reminder that venture investing requires humility."
6. Let that sink in! When Elon Musk's deal to buy Twitter finally went through, he celebrated by carrying a kitchen sink into the social network's headquarters. The billionaire went on to declare that "comedy is now legal on Twitter." That prompted one witty follower to reply by saying: "Crack a joke, then."
7. An alleged criminal — with some amateur rapping on the side. Heather Morgan and her husband are accused of helping to launder $4.5 billion in Bitcoin that was stolen when Bitfinex was hacked in 2016. But jaws dropped to the floor when it emerged she was also an amateur rapper called "Razzlekhan," with some pretty cringeworthy videos.
|  | 8. Mark Zuckerberg's metaverse fail. Horizon Worlds is in quality lockdown, and investors are spooked at how many billions are being thrown at it. A "selfie" his avatar took in front of the Eiffel Tower was called "exquisitely bad" — with PC Gamer adding it was "anyone-other-than-a-billionaire-CEO-would-immediately-be-fired-for-this bad."
9. Sam Bankman-Fried goes from hero to zero. You have to admit that it's pretty weird for someone to go from a net worth of $15.6 billion to $100,000 in the space of a couple of weeks. What's even weirder is his decision to give interviews to practically anyone with a microphone, all before criminal charges were brought against him.
10. Celebrities get caught up in Tornado Cash sanctions. When the U.S. imposed restrictions on the coin mixer, one anonymous user sent 0.1 ETH to the publicly known wallets of Logan Paul, Beeple and Jimmy Fallon. This meant that they were technically violating the sanctions. Awkward.
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