Kraken’s Ink Foundation will launch the INK token with a fixed 1 billion supply and distribute it to early users of its Aave-powered Layer 2 DeFi protocol.
Airdrop
Blum Co-Founder Vladimir Smerkis Arrested on Fraud Charges in Moscow
On Friday, Vladimir Smerkis, the co-founder of the popular Telegram Mini App Blum, was arrested in Moscow for fraud. The arrest took place at the Zamoskvoretsky District Court, although the details about the charges remain unclear. Initially, Smerkis supervised Binance’s operations in Russia and the CIS region. Blum quickly distanced itself from the co-founder and […]
Trump-Backed World Liberty Financial Proposes Test Airdrop of USD1 Stablecoin to Token Holders
World Liberty Financial proposes a test airdrop of its USD1 stablecoin to token holders, aiming to validate its system and boost visibility before full deployment.
ZRO Forms Rare Bull Pattern – Last Chance Before 60% Surge
ZRO, the native token of LayerZero, has displayed tremendous resilience since the March dip. In the token’s price chart, a falling wedge pattern has emerged, characterized by converging trend lines that slope downwards. This sets the stage for a bullish reversal, meaning a potential price breakout on the upside. In a falling wedge pattern, price […]
Walrus Explodes with $140M Backing and Mainnet Launch
WAL, the native token of the Walrus protocol, is creating a buzz after the mainnet launch and airdrop. The token also secured listings on several exchanges, including Crypto.com, and is soon to be listed on Upbit, attracting both users to trade and liquidity to the protocol. Walrus, a decentralized storage platform by Mysten Labs, is […]
BERA Breaks Free; Airdrop-Fueled Rally Leaves Market Behind
BERA shines green amidst a sea of red, defying the prevailing market downturn with an impressive 8.59% surge. While the broader crypto market bleeds, the token displayed resilience, fueled by a strategic airdrop campaign that rewarded both early and social contributors. This unconventional launch strategy has proven highly effective, propelling it against the market odds. […]
KAITO’s $320K Airdrop: Accidental Leak Reveals Crypto’s Biggest Names
KAITO, a crypto intelligence platform, has surged by 100% in recent hours, despite controversy surrounding its recent airdrop. Ansem, a well-known crypto influencer disclosed receiving an airdrop of 215,113 KAITO, which he later sold for 76 ETH (roughly $206.5K at the time). If he held onto the tokens, they would now be worth over $320K, […]
$74M Polymarket Deal: Massive Airdrop Incoming?
After its recent $74 million acquisition, Polymarket is now eyeing its native token launch which could lead to one of the largest airdrops in crypto history. There is speculation that the initial snapshot may have already been taken, positioning early adopters for substantial rewards. The highly anticipated token launch could follow a multi-season structure, rewarding […]
Ethereum L2 Protocol’s Chaotic Token Debut Stabilizes After 5 Hours
Ethereum’s layer two protocol and smart contract platform Optimism drop its new token OP after much fanfare in the late hours of 31st May. Excited users rushed to grab their tokens only to meet with failed or delayed transactions while the Optimism team scurried to extend the capacity of the network. Earlier in April, Optimism […]
Ukraine Drops Proposed Airdrop Plans
Following last week’s Russian incursion, Ukraine’s government quickly canceled its planned crypto airdrop and said that it would instead sell NFTs to raise revenue. “After careful consideration, we decided to cancel airdrop,” Mykhailo Fedorov, Ukraine’s minister for digital transformation, posted from his verified Twitter account today. “Instead, we will announce NFTs to support Ukrainian Armed […]